3457 Mchenry AveModesto, CA 95350

Property Details for 3457 Mchenry Ave

Year built

1974

Construction

TILT-UP CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

4,518 SF

Zone code

C3

Property type

Retail space

APN

055-030-005-000

APU

55030005000

Description

This exceptional 3,000 square foot commercial office space, located on McHenry Avenue near Standiford Avenue, presents a unique leasing opportunity. Boasting high visibility to approximately 37,000 vehicles daily, this single-tenant property is situated on a 0.28-acre lot and offers unparalleled exposure for your business. The building, constructed in 1974 and extensively renovated in 2023, comprises a single story with a total of 4,518 square feet. The space itself is partially furnished and includes eight private offices, one of which is a soundproof recording room, a large conference room, a welcoming reception area, a fully equipped kitchen, and a two-stall private restroom. Nine parking spaces are available for tenants and clients. The property is zoned commercial and features a convenient location with easy access. This turnkey solution is ideal for businesses seeking a professional and highly visible location to expand and thrive. The property's amenities and prime location make it an excellent choice for a variety of commercial or professional uses. The APN is 013-005-042-000. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $1,117,283

  6.5%

  $1,031,338

  7%

  $957,671

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,625,602

  Geo Method

  $1,625,602

• Alternative Use

  Use

  Valuation

  Residential

  $869,972

  Hospitality

  $796,890

  Educational

  $663,003

  Medical

  $685,805

  Retail

  $1,031,338

Location Insight

City

Modesto

County

Stanislaus

State

California

Latitude

37.6884

Longitude

-120.995

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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