1111 J StModesto, CA 95354

  • Office properties
  • 10,080 SF
For Lease
$22.08/SF/YR View listing

Property Details for 1111 J St

Year built
1920
Construction
TILT-UP CONCRETE
Lot size
0.10 AC
Property size (Sq ft)
10,080 SF
Property type
Office properties
Property subtype
Other office properties
APN
105-027-005-000
APU
105027005000

Description

This exceptional Class B office building, located at 1111 J Street in the heart of downtown Modesto, offers a fantastic opportunity for businesses seeking flexible and conveniently located office space. The building boasts a total of 10,080 square feet, with multiple tenancy options available. Two spaces are currently available, ranging from 222 to 277 square feet, perfect for small businesses or individual professionals. The building features a desirable tenant mix of professionals, creating a vibrant and collaborative atmosphere. Its prime downtown location offers unparalleled access to city and county offices, courthouses, and a wide array of popular restaurants and theaters, all within easy walking distance. Each floor provides convenient amenities including shared bathrooms and breakrooms, ensuring a comfortable and productive work environment. Individual private mailboxes are also provided for each suite, enhancing privacy and organization. The minimum divisible space is 277 square feet, while the maximum contiguous space available is also 277 square feet. This presents a unique opportunity to establish a presence in a thriving downtown Modesto location. The building's central location and convenient amenities make it an ideal choice for businesses seeking a professional and accessible workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,976,154
    6.5%
    $2,747,220
    7%
    $2,550,990
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,811,413
    Geo Method
    $2,811,413
  • Alternative Use

    Use
    Valuation
    Residential
    $3,406,552
    Hospitality
    $3,120,384
    Educational
    $2,596,122
    Medical
    $2,685,407
    Retail
    $4,038,413
1111 J St, Modesto, California

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6417
Longitude
-120.999
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
$13,983
$182,070
$941,562
$1,123,632
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FAQs

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