7201 Pacific AveStockton, CA 95207

  • Retail properties
  • 3,540 SF
For Sale
$7,490,000 View listing

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
7201 Pacific Ave, Stockton, California

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

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
$5,870
$260,572
$228,000
$488,572
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