2303 Waterloo RdStockton, CA 95205

  • Retail residential properties
  • 5,600 SF
For Sale
$550,000 View listing

Property Details for 2303 Waterloo Rd

Lot size
0.15 AC
Property size (Sq ft)
5,600 SF
Zone code
80
Property type
Retail residential properties
APN
119-110-110-000
APU
119110110000

Description

This exceptional Stockton, CA investment opportunity encompasses two parcels totaling 0.15 acres at 2303 and 2313 Waterloo Road. The combined offering presents a unique chance to capitalize on significant redevelopment potential. Currently, the property includes existing residential dwellings on one parcel (APN 119-110-10) and a 5,600 square foot combined multi-family and warehouse building on the other (APN 119-110-11). Both parcels are being sold together for a total price of $550,000. The site's zoning and permitted uses should be independently verified by prospective buyers. This property offers a blank canvas for a variety of commercial ventures, including the construction of new multi-family units, office spaces, or industrial facilities. Buyers are strongly encouraged to conduct thorough due diligence, including but not limited to, a comprehensive square footage investigation, verification of zoning and permitted uses, assessment of current and future conditions, and analysis of potential expenses. All information provided is believed to be accurate but is not guaranteed. Prospective buyers are responsible for verifying all details. This is a prime opportunity for an investor seeking a high-return project with significant upside potential in a growing market. Don't miss this chance to acquire a substantial piece of Stockton real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,168,179
    6.5%
    $1,078,319
    7%
    $1,001,296
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,239,330
    Geo Method
    $1,239,330
  • Alternative Use

    Use
    Valuation
    Residential
    $1,078,319
    Hospitality
    $987,734
    Educational
    $821,783
    Medical
    $850,046
    Retail
    $1,278,330

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
37.9748
Longitude
-121.266
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
$3,217
$67,964
$186,912
$254,876
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FAQs

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