7201 Pacific AveStockton, CA 95207
- Retail properties
- 3,540 SF
Property Details for 7201 Pacific Ave
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 3,540 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 077-360-230-000
- APU
- 77360230000
Description
This exceptional investment opportunity presents three contiguous storefront properties totaling 21,755 square feet, located at 7201, 7233, and 7277 Pacific Avenue in Stockton, CA 95207. The properties are currently vacant and zoned CG, offering significant flexibility for a variety of retail, dining, or service-oriented businesses. The asking price is $7,490,000 ($344.29/sq ft). The properties are situated on a prime corner lot at the intersection of Pacific Avenue and Clarane Avenue, ensuring high visibility and substantial foot traffic. This location is central to Stockton's vibrant commercial district. The properties can be purchased individually or as a portfolio. Adjacent properties (941 & 925 Clarane Ave) offer potential for expansion through rezoning. The Assessor's Parcel Numbers (APNs) are 077-470-08, 077-470-040, 077-360-230, 077-360-240, and 077-360-250. Prospective buyers are encouraged to consult with the City of Stockton for guidance on development projects. This is a rare chance to acquire a significant commercial presence in a thriving Stockton location. Don't miss this chance to shape the commercial landscape of Stockton.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $875,427
- 6.5%
- $808,087
- 7%
- $750,366
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,273,712
- Geo Method
- $1,273,712
-
Alternative Use
- Use
- Valuation
- Residential
- $681,652
- Hospitality
- $624,389
- Educational
- $519,484
- Medical
- $537,350
- Retail
- $808,087
Location Insight
- City
- Stockton
- County
- San Joaquin
- State
- California
- Latitude
- 38.0148
- Longitude
- -121.323
- 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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