1315 Hunter StStockton, CA 95206

Property Details for 1315 Hunter St

Lot size

0.17 AC

Zone code

C2

Property type

Auto shops

APN

147-170-090-000

APU

147170090000

Description

This exceptional investment opportunity presents a 2,400 square foot auto mechanic shop situated on a 0.17-acre lot at 1315 S Hunter Street in Stockton, California. The property boasts two convenient grade-level roll-up doors, perfect for easy vehicle access and efficient operations. Inside, you'll find a well-appointed small office space, ideal for administrative tasks and client interaction. Additional storage is provided by a mezzanine level, maximizing the use of available space. A restroom is conveniently located within the building for tenant and employee use. The exterior features a graveled yard, offering ample space for vehicle storage or additional workspace. Phase One environmental assessment is complete, ensuring a smooth transition for the new owner. Currently leased to a tenant until May 2025, this property generates a consistent monthly income of $1,655.59, providing a strong return on investment. The property is offered at $400,000. This is a turnkey operation, ready for a new owner to step in and benefit from the existing lease. Please note that the tenant should not be disturbed. Further details are available upon request. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable Stockton location. Don't miss out on this chance to add a valuable asset to your portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $1,854,719

  6.5%

  $1,712,048

  7%

  $1,589,759

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,698,542

  Geo Method

  $2,698,542

• Alternative Use

  Use

  Valuation

  Residential

  $1,444,177

  Hospitality

  $1,322,858

  Educational

  $1,100,603

  Medical

  $1,138,454

  Retail

  $1,712,048

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9396

Longitude

-121.285

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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