937 Emerald AveModesto, CA 95351

  • Warehouses
  • 65,904 SF
For Lease
$10.80/SF/YR View listing

Property Details for 937 Emerald Ave

Year built
1978
Construction
TILT-UP CONCRETE
Lot size
2.44 AC
Property size (Sq ft)
65,904 SF
Property type
Warehouses
APN
029-012-101-000
APU
29012101000

Description

This exceptional Modesto property offers 9,800 square feet of flexible warehouse/showroom space, part of a larger 12,800 square foot building. Located at 937 N Emerald Ave, this Class B building boasts a prime location in the Modesto submarket of Stanislaus County, CA (zip code 95351). Built in 1978 and extensively renovated in 2024, the property features a single-story structure with a 10.5-foot ceiling height. The space is divisible into units ranging from a minimum of 3,200 square feet to a maximum contiguous space of 9,800 square feet, accommodating a variety of business needs. Three drive-in doors provide convenient access, and the property is equipped with heavy power/3-phase electricity. The zoning is M, Industrial (Stanislaus County), making it suitable for various industrial uses including flex, warehouse, manufacturing, R&D, and showroom operations. The property includes three 3,200 SF spaces currently available, which can be combined for larger tenants. The landlord is willing to customize the build-out to meet the specific requirements of a qualified tenant. New bathrooms and climate control (insulation and air conditioning) are included in the renovation. This is a rare opportunity to secure a well-located, versatile industrial space in a thriving Modesto market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $22,272,362
    Hospitality
    $20,401,364
    Educational
    $16,973,696
    Medical
    $17,557,448
    Retail
    $26,403,526

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6482
Longitude
-121.022
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
$47,066
$555,480
$3,346,555
$3,902,035
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