Property profile

2531 Whitmore Ave Ceres, CA 95307

OFF-MARKET
Super regional malls
Property ID
US09-5419773
53,351 SF 3.91 ac lot Built 1972
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established barber shop ideally situated in Ceres, California. Boasting a remarkable 20-year history of successful operation, this reputable shop is ready for a new owner to continue its legacy. The property is conveniently located within a thriving shopping center at the intersection of Whitmore Avenue and 9th Street, ensuring high visibility and accessibility. The strategic location benefits from ample parking, attracting both existing clientele and new customers drawn in by the high foot traffic. This translates to a consistent stream of walk-in business, contributing to the shop's strong financial performance. The current owner has maintained impressively low overhead costs and rent, maximizing profitability. This turnkey operation offers a rare chance to acquire a profitable, established business with a proven track record in a desirable location. The sale includes the established business, its existing clientele, and all necessary equipment. This is an excellent opportunity for an experienced barber or entrepreneur seeking a profitable and established business with significant growth potential. The 4-acre lot provides ample space and potential for future expansion or development. Serious inquiries only. Financial details are available upon request and a non-disclosure agreement.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1972
Construction TILT-UP CONCRETE
Total area 53,351 SF
Lot 3.91 ac (170,319 SF)
Zoning code CER C-2
APN 127-023-025-000
UPID US09-5419773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center
  • Business To Business Service
  • Restaurant
  • Restaurant
  • Dental Office

Location

2531 Whitmore Ave Ceres, CA 95307-2646
Ceres metro Census 2603 MODESTO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.80M
Blend (final) Blend
$5.32M

Owner & transaction history

Zoning & alternative use

CER C-2 · Ceres, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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