340 Mission Ridge DrManteca, CA 95337

Property Details for 340 Mission Ridge Dr

Year built

1996

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

3,820 SF

Property type

Day care centers & nurseries

APN

219-640-010-000

APU

219640010000

Description

This exceptional preschool business in Manteca, California, presents a unique investment opportunity. Priced at $450,000, this established facility is licensed to accommodate 48 children, encompassing 18 preschool-aged, 6 infants, 12 toddlers, and 12 school-aged children. The property boasts a free-standing building situated on a large lot, providing ample parking for its patrons. Eleven parking spaces are available on-site, including one designated ADA-compliant space. Convenient free street parking is also readily available throughout the day. The building's interior features two distinct play areas, thoughtfully designed to cater to the specific needs of infants and preschool-aged children. This turnkey operation offers a substantial capacity for growth and profitability within a strong community. The property's location in Manteca, CA, provides easy access for families in the surrounding area. This is an excellent opportunity for an experienced entrepreneur or investor seeking a well-established and profitable preschool business. The property's size and features make it ideal for expansion or continued operation as a successful childcare center. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $628,174

  6.5%

  $579,853

  7%

  $538,435

• Comparable approach

  Method

  Valuation

  Relative Method

  $627,233

  Geo Method

  $627,233

• Alternative Use

  Use

  Valuation

  Residential

  $735,568

  Hospitality

  $673,776

  Educational

  $560,574

  Medical

  $579,853

  Retail

  $872,003

Location Insight

City

Manteca

County

San Joaquin

State

California

Latitude

37.7865

Longitude

-121.22

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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