3401 Monte Vista AveTurlock, CA 95380

Property Details for 3401 Monte Vista Ave

Year built

2007

Construction

WOOD

Lot size

1.30 AC

Property size (Sq ft)

4,909 SF

Property type

Retail space

APN

087-003-039-000

APU

87003039000

Description

This exceptional freestanding retail building, located at 3401 W Monte Vista Avenue in Turlock, California, presents a unique investment opportunity. Boasting 4,909 square feet on a 1.3-acre lot, this property enjoys a highly desirable location on a major thoroughfare, offering unparalleled visibility and accessibility. Situated in a prime commercial node, the building benefits from over 70,000 vehicles passing daily on Highway 99, a key route between Sacramento and Los Angeles. The surrounding area features a strong concentration of established businesses, including nationally recognized brands such as Costco, Starbucks, Chipotle, Lowe's, Target, Dollar Tree, and Petco, ensuring high foot traffic and brand synergy. Completely custom-designed and renovated in 2022, the building features a modern and attractive facade, elegantly appointed interior finishes, and ample parking with 30 surface-level spaces. A stoplight-regulated intersection further enhances accessibility. The property's prominent location and recent renovations make it an ideal investment for a variety of retail uses. The substantial investment in the build-out ensures a high-quality, turn-key operation. This is a rare opportunity to acquire a strategically located retail asset in a thriving market. The property's size, location, and recent upgrades represent a compelling investment proposition.

• CAP approach

  CAP return

  Valuation

  6%

  $1,588,080

  6.5%

  $1,465,920

  7%

  $1,361,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,423,940

  Geo Method

  $1,423,940

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,780,530

  Mixed-Use / Specialty

  $1,492,270

  Hospitality / Lodging

  $1,135,940

  Office

  $1,516,290

  Institutional / Educational

  $1,562,640

  Residential Income

  $1,828,290

  Multifamily

  $2,017,690

  Automotive / Energy

  $1,339,410

  Parking / Income-Based Land

  $431,014

  Restaurant / Food Service

  $843,535

  Healthcare / Senior Housing

  $1,497,910

Location Insight

City

Turlock

County

Stanislaus

State

California

Latitude

37.5225

Longitude

-120.889

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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