1117 Lone Palm AveModesto, CA 95351

  • Industrial properties
  • 5,600 SF
For Sale
$895,000 View listing

Property Details for 1117 Lone Palm Ave

Year built
1979
Lot size
0.47 AC
Property size (Sq ft)
5,600 SF
Zone code
COU M
Property type
Industrial properties
Property subtype
Other warehouses
APN
029-011-076-000
APU
29011076000

Description

This exceptional 5,600 square foot multi-tenant office building, situated at 1117 Lone Palm Ave in Modesto, California (zip code 95351), presents a compelling investment opportunity. Built in 1979, this property boasts two units within the Emerald Industrial Park, offering convenient access to CA-99 and CA-132 freeways. The building sits on a 0.47-acre lot (APN: 029-011-076) and is zoned for industrial use. Currently, a portion of the building is leased, with approximately 2,885 square feet available for lease at a modified gross rate of $1.40 per square foot. The property features ample on-site, uncovered parking and a prominent street sign. Inside, you'll find desirable amenities including a reception area, conference room, private and public restrooms, a showroom, and extra storage space. The building is equipped with 220-volt electrical service. This is a rare opportunity to acquire a well-located, multi-tenant office building with significant upside potential in a thriving area. The property's features and location make it ideal for a variety of businesses.

1117 Lone Palm Ave, Modesto, California

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.651
Longitude
-121.024
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
$6,380
$142,227
$398,237
$540,464
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