2401 Orangeburg AveModesto, CA 95355

Property Details for 2401 Orangeburg Ave

Year built

1981

Construction

WOOD

Lot size

16.14 AC

Property size (Sq ft)

2,616 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

067-033-030-000

APU

67033030000

Description

This exceptional retail opportunity presents 25,275 square feet of prime anchor space within the Century Center, located at 2401 E Orangeburg Ave, Modesto, CA 95355. Situated at the northeast corner of Orangeburg Avenue and Oakdale Road in Stanislaus County, this location boasts excellent street visibility and benefits from strong traffic counts. The property, originally constructed in 1979, underwent significant renovations in 2022, ensuring modern amenities and a refreshed aesthetic. The space is available for multiple tenants and is ideal for a variety of retail uses. Its strategic location within a well-established shopping center provides immediate access to a substantial customer base. The property's prime location and recent renovations make it an attractive investment for businesses seeking high visibility and a strong presence in the Modesto market. This is a rare opportunity to secure a significant retail space in a thriving area of Modesto, California. The property is easily accessible from major roadways, offering convenient access for both customers and employees. Don't miss this chance to establish your business in this highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $834,863

  6.5%

  $770,642

  7%

  $715,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,299,540

  Geo Method

  $1,299,540

• Alternative Use

  Use

  Valuation

  Residential

  $650,066

  Hospitality

  $595,457

  Educational

  $495,413

  Medical

  $512,451

  Retail

  $770,642

Location Insight

City

Modesto

County

Stanislaus

State

California

Latitude

37.6646

Longitude

-120.955

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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