1315 Hunter StStockton, CA 95206
- Retail properties
- 0.17 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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