101 Glenwood AveTurlock, CA 95380

  • Retail properties
  • 2,731 SF
For Sale

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
101 Glenwood Ave, Turlock, California

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

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
$13,434
$860,195
$391,409
$1,251,604
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