8807 Thornton RdStockton, CA 95209
- Retail properties
- 1,188 SF
Property Details for 8807 Thornton Rd
- Year built
- 1990
- Property size (Sq ft)
- 1,188 SF
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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