1881 Market StStockton, CA 95205
- Land
- 4.49 AC
For Sale
$3,000,000
View listing
Property Details for 1881 Market St
- Lot size
- 4.49 AC
- Property type
- Land
- Property subtype
- Other industrial land
- APN
- 153-090-630-000
- APU
- 153090630000
Description
This exceptional self-storage development opportunity in Stockton, California, presents a compelling investment prospect. The fully entitled project boasts 84,605 net rentable square feet situated on a 5.7-acre lot. The facility will comprise 641 units, including 342 climate-controlled units, 241 non-climate-controlled units, and 58 spaces designated for RVs and boats. With an asking price of $3,000,000, the pro-forma NOI is projected at $1,233,489, resulting in an attractive pro-forma cap rate of 8.01%. The property's strategic location offers excellent street frontage and benefits from a high-density population
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $37,661,056
- Hospitality
- $34,497,324
- Educational
- $28,701,368
- Medical
- $29,688,452
- Retail
- $44,646,572
1881 Market St, Stockton, California
Location Insight
- City
- Stockton
- County
- San Joaquin
- State
- California
- Latitude
- 37.9571
- Longitude
- -121.267
- 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
$6,495
$491,182
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$491,182
-
-
-
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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