2617 Mitchell RdCeres, CA 95307
- Banks
- 4,738 SF
For Lease
$27/SF/YR
View listing
Property Details for 2617 Mitchell Rd
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 0.43 AC
- Property size (Sq ft)
- 4,738 SF
- Property type
- Banks
- APN
- 053-009-009-000
- APU
- 53009009000
Description
Whitmore Plaza, located at 2617 Mitchell Rd, Ceres, CA 95307, presents a compelling retail investment opportunity. This 115,396 square foot shopping center is anchored by a high-performing SaveMart and Planet Fitness, ensuring strong traffic and visibility. The center boasts a multiple tenancy structure with a minimum divisible space of 1,220 square feet and a maximum contiguous space of 4,000 square feet
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,056,399
- 6.5%
- $1,898,214
- 7%
- $1,762,628
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,330,118
- Geo Method
- $3,330,118
-
Alternative Use
- Use
- Valuation
- Residential
- $1,601,215
- Hospitality
- $1,466,704
- Educational
- $1,220,281
- Medical
- $1,262,248
- Retail
- $1,898,214
Location Insight
- City
- Ceres
- County
- Stanislaus
- State
- California
- Latitude
- 37.593
- Longitude
- -120.939
- CBSA code
- 33700
- CBSA name
- MODESTO, 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
$10,318
$91,793
$830,395
$922,188
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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