601 Plumas StYuba City, CA 95991

  • Commercial real estate
  • 4,780 SF
For Sale
$1,200,000 View listing

Property Details for 601 Plumas St

Year built
2013
Construction
WOOD
Lot size
0.25 AC
Property size (Sq ft)
4,780 SF
Zone code
C2
Property type
Commercial real estate
APN
052-231-012-000
APU
52231012000

Description

This exceptional retail property, located at 601 Plumas St in Yuba City, CA 95991, presents a compelling investment opportunity. The 4,780 square foot building sits on a one-quarter acre parcel and boasts a prominent marquee location at a hard corner signalized intersection. Benefitting from high traffic counts, with approximately 15,676 vehicles daily on Bridge Street and an average of 598 vehicles per hour on Plumas Street, this property ensures maximum exposure for your tenants. Currently 100% occupied by three tenants under a modified lease, the property generates a substantial monthly rent of $6,789, translating to an attractive price per square foot of $251. The building is newer construction, resulting in lower maintenance costs. Convenient parking and a trash enclosure are situated on the east side of the property. This fully occupied, high-visibility retail center offers a stable income stream and significant potential for future growth. The asking price is $1,200,000. Don't miss this chance to acquire a prime retail asset in a thriving Yuba City location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $986,042
    Hospitality
    $903,210
    Educational
    $751,460
    Medical
    $777,304
    Retail
    $1,168,937

Location Insight

City
Yuba City
County
Sutter
State
California
Latitude
39.1358
Longitude
-121.615
CBSA code
49700
CBSA name
YUBA CITY, 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
2023
$12,798
$240,000
$1,000,000
$1,240,000
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