13360 Highway 88Lockeford, CA 95237

Property Details for 13360 Highway 88

Lot size

0.06 AC

Zone code

43

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

019-020-450-000

APU

19020450000

Description

This exceptional turnkey business opportunity is located at 13360 E Hwy 88 in Lockeford, California, zip code 95237. Priced at $75,000, this established smoke shop offers a fantastic location and includes all equipment, furniture, fixtures, and a valuable Cigarette & Tobacco Retailer's License. The current owner also holds a license to sell fishing supplies and equipment, expanding the business's revenue streams. The property is classified as Special Purpose, Industrial, and falls under the Manufacturing subtype. The business is currently family-run, with no employees, presenting a unique opportunity for a buyer to step in and manage operations immediately. The sale includes everything needed to continue operations seamlessly. This is a rare chance to acquire an established, profitable business with diverse product offerings in a desirable location within San Joaquin County. The property's latitude and longitude coordinates are 38.1623138, -121.1511555 respectively. This is a truly unique opportunity for an entrepreneur seeking a ready-to-go business venture. The sale price reflects the value of the business, its licenses, and all included assets.

• CAP approach

  CAP return

  Valuation

  6%

  $573,659

  6.5%

  $529,532

  7%

  $491,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $608,600

  Geo Method

  $608,600

• Alternative Use

  Use

  Valuation

  Residential

  $529,532

  Hospitality

  $485,048

  Educational

  $403,554

  Medical

  $417,433

  Retail

  $627,751

Location Insight

City

Lockeford

County

San Joaquin

State

California

Latitude

38.1623

Longitude

-121.151

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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