501 1St StPatterson, CA 95363

Property Details for 501 1St St

Year built

1996

Construction

STEEL FRAME

Lot size

0.60 AC

Property size (Sq ft)

9,750 SF

Zone code

LI

Property type

Industrial properties

Property subtype

Other warehouses

APN

047-054-007-000

APU

47054007000

Description

This 2.49-acre industrial land parcel, located at 501 S 1st St, Patterson, CA 95363 (APN 131-005-011-000), presents a unique investment opportunity. Situated within the City of Patterson's Industrial Zone and designated as Heavy Industrial (HI), this property is ideal for businesses requiring intensive industrial uses. The site offers convenient access to a Union Pacific Railroad (UPRR) spur track, enabling efficient loading and unloading directly on-site. Its strategic location at the intersection of Highway 33 and Sperry Avenue provides excellent transportation links. Furthermore, its location within a California Opportunity Zone offers significant tax advantages and potential for long-term financial growth. The property's zoning allows for uses generating noise, vibration, or other conditions typical of heavy industrial operations. This exceptional property is ready for immediate development and represents a compelling investment opportunity in a thriving industrial area. The property's size and access to key transportation infrastructure make it an attractive option for a variety of industrial uses. This prime location within the Opportunity Zone adds further value, offering substantial tax benefits to investors.

• Alternative Use

  Use

  Valuation

  Residential

  $3,295,028

  Hospitality

  $3,018,228

  Educational

  $2,511,130

  Medical

  $2,597,492

  Retail

  $3,906,203

Location Insight

City

Patterson

County

Stanislaus

State

California

Latitude

37.4793

Longitude

-121.133

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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