914 13Th StModesto, CA 95354

  • Office properties
  • 2,125 SF
For Sale
$429,900 View listing

Property Details for 914 13Th St

Year built
1946
Construction
TILT-UP CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
2,125 SF
Property type
Office properties
APN
105-015-010-000
APU
105015010000

Description

This exceptional 2,125 square foot office building, situated on a 0.08-acre lot at 914 13th Street in Modesto, California, presents a unique investment opportunity. The property boasts a rich history, having served as a successful attorney's office for many years. The well-maintained building features a spacious conference room, perfect for client meetings or collaborative work sessions, complemented by five additional private offices, providing ample space for individual work or smaller teams. The layout is highly functional and adaptable, making it suitable for a variety of professional uses, including legal practices, accounting firms, or general office spaces. The building's established presence in the Modesto community offers immediate credibility and recognition. Given its size and configuration, this property is ideal for a business seeking a move-in ready space with established infrastructure. The location in Modesto offers easy access to local amenities and transportation networks, ensuring convenience for both employees and clients. This is a rare opportunity to acquire a well-established and versatile commercial property in a desirable location. The asking price is $429,900. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $627,414
    6.5%
    $579,151
    7%
    $537,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $592,684
    Geo Method
    $592,684
  • Alternative Use

    Use
    Valuation
    Residential
    $718,147
    Hospitality
    $657,819
    Educational
    $547,298
    Medical
    $566,120
    Retail
    $851,352

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6423
Longitude
-120.997
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
$4,998
$106,120
$291,832
$397,952
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FAQs

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