20389 Main StStratford, CA 93266

Property Details for 20389 Main St

Lot size

0.69 AC

Zone code

CR

Property type

Retail properties

Property subtype

Gas stations

APN

026-151-023-000

APU

26151023000

Description

This exceptional 1,600 square foot commercial property, located at 20389 Main Street in Stratford, CA, presents a unique investment opportunity. Situated on a 0.69-acre lot, the property is zoned Stratford Mixed Use Downtown (MU-D), allowing for a variety of business ventures. The main structure features a substantial 40 x 40 foot metal shop, ideal for various industrial or commercial uses. The shop is further enhanced by a conveniently located office and bathroom, adding to its functionality and appeal. Currently operating as a successful diesel repair shop, the property benefits from its established infrastructure and existing clientele. Its strategic location provides easy access to Highway 41, ensuring excellent connectivity and visibility for any business. The proximity to the westside farmers market also offers significant potential for increased foot traffic and customer engagement. This versatile property is priced at $499,950 and represents a compelling opportunity for entrepreneurs and investors seeking a well-established business or a blank canvas for a new venture. The property's size, zoning, and location combine to create a rare and attractive proposition in the thriving Stratford market. Don't miss this chance to acquire a property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $6,251,894

  6.5%

  $5,770,979

  7%

  $5,358,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,038,938

  Geo Method

  $21,085,596

• Alternative Use

  Use

  Valuation

  Residential

  $4,868,036

  Hospitality

  $4,459,096

  Educational

  $3,709,915

  Medical

  $3,837,505

  Retail

  $5,770,979

Location Insight

City

Stratford

County

Kings

State

California

Latitude

36.1889

Longitude

-119.824

CBSA code

25260

CBSA name

HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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