2813 Coffee RdModesto, CA 95355

Property Details for 2813 Coffee Rd

Year built

1986

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

1,008 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

013-087-003-000

APU

13087003000

Description

This single-story, 4,032-square-foot office building in Modesto, CA, presents a unique owner-user opportunity. Located at 2813 Coffee Rd, this property features three units ranging in size from 1,008 to 2,016 square feet, ideal for a business seeking to occupy a portion while leasing the remainder. Built in 1986 and extensively renovated in 2016, the interior is modern and adaptable, easily convertible for medical use. The 19,164-square-foot lot provides ample space, complemented by 18 parking spaces. The property is zoned PD and offers a flexible ownership structure; the seller is open to considering a short-term lease for the entire building. This presents a compelling investment opportunity in a thriving Modesto location, with the potential for both immediate occupancy and long-term rental income. The property's convenient location and versatile layout make it suitable for a variety of professional uses. The building's recent renovation ensures modern amenities and functionality. This is a rare chance to acquire a well-maintained, adaptable office space in a desirable area. The property's APN is 013-087-003.

• CAP approach

  CAP return

  Valuation

  6%

  $169,574

  6.5%

  $156,530

  7%

  $145,349

• Comparable approach

  Method

  Valuation

  Relative Method

  $143,922

  Geo Method

  $143,922

• Alternative Use

  Use

  Valuation

  Residential

  $194,097

  Hospitality

  $177,792

  Educational

  $147,921

  Medical

  $153,008

  Retail

  $230,099

Location Insight

City

Modesto

County

Stanislaus

State

California

Latitude

37.6805

Longitude

-120.977

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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