6002 Pacific AveStockton, CA 95207

  • Retail space
  • 4,800 SF

Property Details for 6002 Pacific Ave

Year built
1956
Lot size
0.34 AC
Property size (Sq ft)
4,800 SF
Zone code
C2
Property type
Retail space
APN
081-371-060-000
APU
81371060000

Description

This exceptional 20,000 square foot retail property, located at 6002 Pacific Avenue in Stockton, California, presents a unique investment opportunity. Situated on a sizable 2.89-acre lot in San Joaquin County, this single-tenant building is ideally suited for a variety of uses, including retail, restaurant, and special purpose businesses. The property's zoning allows for a drive-thru, gas station, or car wash, making it highly versatile and attractive to a wide range of potential tenants. Its prominent location on Pacific Avenue ensures high visibility and accessibility, benefiting from significant daily traffic flow. The expansive lot provides ample parking and potential for future expansion or development. The property's existing infrastructure is well-maintained and ready for immediate occupancy, minimizing upfront investment costs for the new owner. This is a rare opportunity to acquire a substantial retail property in a thriving area of Stockton, offering strong potential for long-term growth and return on investment. The property's zip code is 95207. The geographic coordinates are latitude 38.0049923 and longitude -121.31757. This is a single-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,187,020
    6.5%
    $1,095,711
    7%
    $1,017,446
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,727,067
    Geo Method
    $1,727,067
  • Alternative Use

    Use
    Valuation
    Residential
    $924,273
    Hospitality
    $846,629
    Educational
    $704,386
    Medical
    $728,611
    Retail
    $1,095,711

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
38.0049
Longitude
-121.318
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
$7,946
$260,572
$416,917
$677,489
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-
-
-

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