8807 Thornton RdStockton, CA 95209

Property Details for 8807 Thornton Rd

Year built

1990

Property size (Sq ft)

1,188 SF

Property type

Retail space

APN

080-450-390-000

APU

80450390000

Description

This exceptional 3,960 square foot retail condominium is situated within the larger 31,287 square foot Thornton Village complex in Stockton, California. Built in 1980, this single-story building offers a prime location on Thornton Road, boasting unobstructed visibility and high identity. The property sits on a substantial 79,449 square foot lot and is zoned for general commercial use. Its strategic location places it adjacent to a vibrant mix of restaurants, shopping centers, professional services, and financial institutions, ensuring high foot traffic and excellent exposure. The property benefits from its proximity to the established master-planned communities of Stonewood and Spanos Park, providing a strong and growing customer base. This owner-user investment opportunity presents a unique chance to acquire a well-positioned retail space in a thriving area. The property features two buildings in total and the occupancy date is December 31, 2023. The property's previous use as a Romancing the Stone showroom further highlights its prominent street presence. APN: 080-450-25.

• CAP approach

  CAP return

  Valuation

  6%

  $293,788

  6.5%

  $271,188

  7%

  $251,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $427,449

  Geo Method

  $427,449

• Alternative Use

  Use

  Valuation

  Residential

  $228,758

  Hospitality

  $209,541

  Educational

  $174,335

  Medical

  $180,331

  Retail

  $271,188

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

38.03

Longitude

-121.334

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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