2641 Geer RdTurlock, CA 95382

Property Details for 2641 Geer Rd

Year built

1995

Construction

TILT-UP CONCRETE

Lot size

0.71 AC

Property size (Sq ft)

8,928 SF

Property type

Retail properties

Property subtype

Retail space

APN

071-009-035-000

APU

71009035000

Description

This freestanding retail building, totaling 8,972 square feet, is situated on a 0.71-acre lot in Turlock, CA, at 2641 Geer Rd, 95382. Originally constructed in 1995 and extensively remodeled in 2013, the property boasts a single-tenant occupancy and is currently vacant. The building features 43 parking spaces, fire sprinklers, and is handicap accessible. Its excellent condition includes a well-maintained roof. The property benefits from high visibility due to its location on a busy retail corridor at a signalized intersection, providing access from two major streets. Significant signage opportunities exist, including street, frontage, and monument signage. This prime location is just one block from California State University, Stanislaus, and minutes from Highway 99 and downtown Turlock, making it ideal for a national or regional retailer. The building's former tenant was Dollar General.

• CAP approach

  CAP return

  Valuation

  6%

  $3,874,953

  6.5%

  $3,576,880

  7%

  $3,321,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,275,074

  Geo Method

  $6,275,074

• Alternative Use

  Use

  Valuation

  Residential

  $3,017,232

  Hospitality

  $2,763,768

  Educational

  $2,299,423

  Medical

  $2,378,504

  Retail

  $3,576,880

Location Insight

City

Turlock

County

Stanislaus

State

California

Latitude

37.5169

Longitude

-120.85

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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