101 Glenwood AveTurlock, CA 95380
- Retail properties
- 2,731 SF
Property Details for 101 Glenwood Ave
- Year built
- 1998
- Lot size
- 1.24 AC
- Property size (Sq ft)
- 2,731 SF
- Property type
- Retail properties
- Property subtype
- Other automotive properties
- APN
- 044-022-013-000
- APU
- 44022013000
Description
This exceptional commercial land offering presents a unique development opportunity in the thriving city of Turlock, California. Located at the highly visible corner of Lander Avenue and Rosewood Drive, this property comprises three parcels totaling between 20,188 and 27,000 square feet. The site benefits from a Community Commercial (CC) zoning designation, making it ideal for a variety of uses, including quick-service restaurants (QSRs), retail centers, or a combination thereof. The scarcity of developable land in this area presents a significant advantage for developers seeking to capitalize on the strong demand for new commercial spaces. Thousands of vehicles pass this location daily, ensuring high visibility and accessibility. The property's strategic location is further enhanced by its proximity to established businesses such as ARCO, Chevron, CVS, Denny's, Jack in the Box, Little Caesars, Starbucks, Subway, and the bustling Lander Marketplace Shopping Center. Convenient access to Highway CA-99 North/South provides excellent freeway visibility and connectivity. The seller is also open to considering a ground lease arrangement. Prospective buyers are encouraged to conduct their own due diligence and verify zoning and permitted uses with the city and county. This is a rare opportunity to acquire a prime commercial parcel in a high-demand location. APN: 044-053-001-000, 044-053-002-000, 044-053-003-000. Address: 101 E Glenwood Ave, Turlock, CA 95380.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,185,316
- 6.5%
- $1,094,137
- 7%
- $1,015,985
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,919,492
- Geo Method
- $1,919,492
-
Alternative Use
- Use
- Valuation
- Residential
- $922,946
- Hospitality
- $845,413
- Educational
- $703,374
- Medical
- $727,564
- Retail
- $1,094,137
Location Insight
- City
- Turlock
- County
- Stanislaus
- State
- California
- Latitude
- 37.476
- Longitude
- -120.849
- 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
FAQs
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