1547 March LnStockton, CA 95210
- Retail properties
- 5,994 SF
Property Details for 1547 March Ln
- Year built
- 2009
- Lot size
- 0.89 AC
- Property size (Sq ft)
- 5,994 SF
- Zone code
- O
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 096-140-390-000
- APU
- 96140390000
Description
This exceptional 6,000-square-foot retail and office building presents a unique investment opportunity in a high-traffic area of San Joaquin County. Situated in a desirable location northeast of East March Lane and West Lane, this single-tenant property boasts a convenient drive-thru, making it ideally suited for a variety of businesses, including restaurants and banks. The building's prime location ensures high visibility and accessibility for customers, capitalizing on the significant foot and vehicle traffic in this busy commercial corridor. The property's single-tenant occupancy simplifies management and provides a stable income stream. The spacious layout offers ample room for both retail operations and office space, providing flexibility for a wide range of potential tenants. This property represents a compelling opportunity to acquire a well-located, functional building in a thriving commercial area. Its strategic positioning and desirable features make it an attractive investment for those seeking a strong return on investment in a high-demand market. The building's existing infrastructure and drive-thru capability significantly reduce the costs and complexities associated with tenant improvements, making it an even more attractive proposition for potential buyers. This is a rare opportunity to secure a prime commercial property in a highly sought-after location. The property's size, location, and features make it an ideal investment for both experienced and new commercial property owners. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,482,292
- 6.5%
- $1,368,269
- 7%
- $1,270,536
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,156,675
- Geo Method
- $2,156,675
-
Alternative Use
- Use
- Valuation
- Residential
- $1,154,186
- Hospitality
- $1,057,228
- Educational
- $879,602
- Medical
- $909,852
- Retail
- $1,368,269
Location Insight
- City
- Stockton
- County
- San Joaquin
- State
- California
- Latitude
- 38.0029
- Longitude
- -121.289
- 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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