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    514 2Nd St Patterson, CA 95363

    For Sale
    $675,000

    Prime corner lot, high traffic, Opportunity Zone.

    Property size:
    1,304 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.48-acre commercial lot, located at 514 N 2nd Street in Patterson, CA, presents a unique investment opportunity. The property boasts 20,751 square feet of land with Highway 33 frontage, ensuring high visibility and significant daily traffic. According to CalTrans data, the Average Daily Traffic Count is 6,900 vehicles. The existing 1,304 square foot building suffered a recent fire and requires significant attention or demolition. This presents a blank canvas for a new development, tailored to the needs of a wide range of businesses. The property's location within an Opportunity Zone offers substantial tax advantages and incentive programs for investors. The surrounding area is experiencing rapid growth, with a planned annexation adding over 5,000 new homes, creating a strong potential customer base. The general commercial zoning allows for diverse uses, including restaurants and professional offices. This prime location near medical offices and the downtown area guarantees high foot traffic and visibility, making it an ideal site for businesses seeking to thrive in a dynamic and expanding market. The combination of high traffic, Opportunity Zone status, and Patterson's growth trajectory makes this a truly exceptional investment opportunity.

    Property Features for 514 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,304 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1995
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Patterson
    County
    Stanislaus
    State
    California
    Longitude
    -121.1338
    Latitude
    37.47819

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    FAQs

    What type of property is this?
    Commercial real estate - Prime corner lot, high traffic, Opportunity Zone.
    Where is this commercial real estate located?
    The property is located at 514 2Nd St Patterson, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    892-8300
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    514 2Nd St Patterson, CA 95363
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514 2Nd St Patterson, CA 95363
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