690 Crows Landing RdModesto, CA 95351

  • Industrial properties
  • 932 SF

Property Details for 690 Crows Landing Rd

Year built
2003
Construction
WOOD
Lot size
3.22 AC
Property size (Sq ft)
932 SF
Property type
Industrial properties
APN
038-019-037-000
APU
38019037000

Description

This exceptional investment opportunity presents a fully occupied, 49,000-square-foot industrial park situated in Modesto, California. The property consists of eleven buildings encompassing twenty-two units, strategically located off Crows Landing Road, providing convenient access to Interstate 99. The park features five multi-tenant warehouses, ideal for various industrial uses. Building sizes range from 6,500 to 12,000 square feet, each equipped with multiple roll-up doors and ample electrical service. Specific building features include high ceilings (ranging from 18' to 20'), multiple roll-up doors, and robust electrical service (ranging from 200 amps to 800 amps per building). The property also includes a 1,000-square-foot office space and four residential homes, all situated on a 3.85-acre site. This property is zoned for industrial use and benefits from its location near Highway 99, making it an attractive investment opportunity. The upcoming Lions Bridge project will further enhance accessibility to downtown Modesto. The property's 100% occupancy rate ensures immediate cash flow, making it a compelling investment in a thriving industrial area. The property's APN is 038-019-037-000. This is an institutional investment-grade property located in a designated Opportunity Zone.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $314,971
    Hospitality
    $288,512
    Educational
    $240,038
    Medical
    $248,294
    Retail
    $373,393

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6202
Longitude
-120.992
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
$29,288
$477,388
$1,958,584
$2,435,972
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