1315 Hunter StStockton, CA 95206

  • Retail properties
  • 0.17 AC
For Sale
$400,000 View listing

Property Details for 1315 Hunter St

Lot size
0.17 AC
Zone code
C2
Property type
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1315 Hunter St, Stockton, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,789
$37,968
$104,062
$142,030
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FAQs

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