1325 Yosemite BlvdModesto, CA 95354

  • Retail space
  • 5,850 SF
For Sale
$895,000 View listing

Property Details for 1325 Yosemite Blvd

Year built
1948
Construction
TILT-UP CONCRETE
Lot size
0.15 AC
Property size (Sq ft)
5,850 SF
Property type
Retail space
APN
108-016-017-000
APU
108016017000

Description

This exceptional commercial property at 1325 Yosemite Boulevard, Modesto, CA, offers 5,850 square feet of versatile retail space ideally suited for a variety of businesses. The property boasts excellent visibility and benefits from consistent high traffic flow, ensuring maximum exposure for your enterprise. In addition to the main retail area, the property includes a substantial 1,400 square foot mezzanine level, complete with its own restroom and shower facilities. Further enhancing the property's functionality is a 1,400 square foot basement, also equipped with a restroom and shower. This provides ample storage or additional workspace, depending on your operational needs. The property sits on a 0.15-acre lot and is zoned C2 commercial and light industrial, offering flexibility in permitted uses. Prospective buyers are encouraged to verify all permitted uses with the City of Modesto. The asking price for this exceptional opportunity is $795,000. This property presents a rare combination of prime location, substantial space, and versatile zoning, making it an ideal investment for discerning buyers seeking a strong foothold in the Modesto market. Don't miss this chance to acquire a high-value commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,539,032
    6.5%
    $2,343,722
    7%
    $2,176,313
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,111,691
    Geo Method
    $4,111,691
  • Alternative Use

    Use
    Valuation
    Residential
    $1,977,017
    Hospitality
    $1,810,937
    Educational
    $1,506,678
    Medical
    $1,558,495
    Retail
    $2,343,722

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6385
Longitude
-120.974
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
$3,559
$66,018
$246,350
$312,368
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FAQs

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