1101 Sylvan AveModesto, CA 95350

Property Details for 1101 Sylvan Ave

Year built

1990

Construction

WOOD

Lot size

3.39 AC

Property size (Sq ft)

58,892 SF

Property type

Office properties

Property subtype

Other office properties

APN

052-065-047-000

APU

52065047000

Description

This exceptional two-story office building, located at 1101 Sylvan Avenue in Modesto, California, offers a variety of office spaces to suit diverse business needs. The 58,892 square foot Class B building, constructed in 1990, boasts a convenient North Modesto location near an array of retail shops and restaurants, ensuring easy access for employees and clients alike. The property features two separate elevator lobbies, each with conveniently located common area restrooms. Suites range from a minimum of 445 square feet to a maximum contiguous space of 8,414 square feet, with a significant 22,463 square feet currently vacant. The building offers ample parking with 225 surface spaces. The ceiling height throughout is 11 feet, providing a spacious and comfortable work environment. The building's exterior has recently undergone renovations. This property is ideal for businesses seeking flexible and well-located office space in Stanislaus County, with a zip code of 95350. The property is categorized as both Executive and Traditional Office space and is available for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $9,907,313

  6.5%

  $9,145,212

  7%

  $8,491,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,408,600

  Geo Method

  $8,408,600

• Alternative Use

  Use

  Valuation

  Residential

  $11,340,063

  Hospitality

  $10,387,436

  Educational

  $8,642,225

  Medical

  $8,939,445

  Retail

  $13,443,461

Location Insight

City

Modesto

County

Stanislaus

State

California

Latitude

37.6894

Longitude

-120.978

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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