71 1St StPatterson, CA 95363
- Manufacturing properties
- 12,000 SF
Property Details for 71 1St St
- Year built
- 1958
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.57 AC
- Property size (Sq ft)
- 12,000 SF
- Property type
- Manufacturing properties
- APN
- 131-003-026-000
- APU
- 131003026000
Description
This 14,000-square-foot warehouse, located at 71 South First Street in Patterson, California, presents a compelling investment opportunity. Built in 1958 and renovated in 2000, this single-story building sits on a 0.57-acre lot (APN 131-003-026-000) and is zoned for Heavy Industrial use. The property features two loading docks, ceiling heights ranging up to 24 feet, and 3-phase 600-amp electrical service. A fire suppression sprinkler system will be installed before closing. This prime location, conveniently situated off Highway 33, offers excellent accessibility and visibility. The property's designation as both an Opportunity Zone and a "Green Zone" allows for cannabis cultivation and processing, in addition to traditional light industrial, heavy manufacturing, and storage uses. The building's existing construction includes a newer roof. This versatile property offers significant potential for a variety of businesses. The sale is structured as a 1031 exchange.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,055,419
- Hospitality
- $3,714,742
- Educational
- $3,090,622
- Medical
- $3,196,913
- Retail
- $4,807,634
Location Insight
- City
- Patterson
- County
- Stanislaus
- State
- California
- Latitude
- 37.4711
- Longitude
- -121.127
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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