22 10Th StTracy, CA 95376

  • Retail space
  • 3,000 SF
For Sale
$1,290,000 View listing

Property Details for 22 10Th St

Year built
1950
Lot size
0.11 AC
Property size (Sq ft)
3,000 SF
Zone code
44
Property type
Retail space
APN
235-172-020-000
APU
235172020000

Description

This exceptional commercial property at 22 E. 10th St, Tracy, CA 95376, presents a unique investment opportunity. Boasting 3,000 square feet of meticulously remodeled retail space situated on a 4,861 square foot lot, this property is ideally positioned in the heart of downtown Tracy. The building's prime location benefits from high foot traffic, drawing customers from city festivals and events held throughout the year directly in front of the property. Ample parking is available both on the street and in the rear lot, ensuring convenient access for customers and employees. The property is classified as both retail and land, offering flexibility for a variety of uses, including owner-occupancy. The asking price is $1,290,000. This turn-key investment is ready for immediate occupancy and offers significant potential for future growth and profitability in a thriving downtown location. The property is zoned for commercial use and has no residential units. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a desirable California location. Don't miss out on this chance to own a piece of thriving downtown Tracy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $946,188
    6.5%
    $873,404
    7%
    $811,018
  • Comparable approach

    Method
    Valuation
    Relative Method
    $870,199
    Geo Method
    $870,199
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,660,720
    Mixed-Use / Specialty
    $887,466
    Hospitality / Lodging
    $673,468
    Office
    $900,084
    Institutional / Educational
    $928,746
    Residential Income
    $1,086,630
    Multifamily
    $1,208,030
    Automotive / Energy
    $796,068
    Parking / Income-Based Land
    $257,744
    Restaurant / Food Service
    $498,235
    Healthcare / Senior Housing
    $892,466

Location Insight

City
Tracy
County
San Joaquin
State
California
Latitude
37.7382
Longitude
-121.425
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
$6,306
$124,160
$459,502
$583,662
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-
-
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