Corner Retail and Flex
For Sale
Contact for pricing
107 3rd St, Turlock, CA 95380
Combined 20,716± SF includes storefront retail and a flexible warehouse/flex building with high ceilings.
Property Size20,716 SF
Price / SF$125.27
Days on Market488
Property Features for 107 3rd St
General Information
Standard status
Active
Size
20,716 SF
Property subtype
RETAIL
Lease Type
Modified Gross
Properties For Sale
at 107 3rd St
250 Market St
AVAILABLE, Now
Floor
Bldg
Size
14,252 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Sublease
No
- Size: ±20,716 SF total — 250 W. Market St. (±14,252 SF) retail showroom and 107 3rd St. (±6,464 SF) flex/warehouse space with private restrooms
- Signage: Excellent visibility with prominent corner frontage and multiple signage opportunities
- Lease Type: Modified Gross Lease – Tenant pays base rent plus a share of operating expenses
- Prime Location: Busy Downtown Turlock corridor surrounded by restaurants, shops, and professional offices
- Versatile Use: Ideal for retail, fitness, healthcare, creative workspace, or professional services
- Parking: Convenient public parking available nearby
Contact us
Listing Agency:
First Commercial Real Estate and Advisory Services
(209) 461-6400
Listed By:
Andy Le · License #02110117
(337) 852-1040
Source:
Moodyscre
Added: Jun 20, 2025
Changed: Oct 15
Last Checked: Oct 19 at 8:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Commercial Real Estate and Advisory Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This owner-user offering presents a combined 20,716± SF of commercial space across two adjacent parcels. At 250 W. Market St. there is a high-visibility storefront with expansive display windows (14,252± SF). The second parcel, 107 3rd St., is a flexible warehouse/flex building (6,464± SF) suited for storage, creative workspace, or light industrial use. Both buildings feature high ceilings and open interiors designed to support a range of business operations.
The property is located on a prominent corner in the heart of Downtown Turlock. It is currently occupied by Minerva’s Home Gallery, a longstanding local furniture retailer established in 1983.
The layout combines retail fronting with warehouse/flex space within two adjacent parcels, providing flexibility for an owner-operator or business looking to support both customer-facing and operational needs.
The property is located on a prominent corner in the heart of Downtown Turlock. It is currently occupied by Minerva’s Home Gallery, a longstanding local furniture retailer established in 1983.
The layout combines retail fronting with warehouse/flex space within two adjacent parcels, providing flexibility for an owner-operator or business looking to support both customer-facing and operational needs.
Key Highlights
- Combined 20,716± SF of commercial space on a prominent downtown Turlock corner
- Includes 250 W. Market St.: 14,252± SF with a high‑visibility storefront and expansive display windows
- Includes 107 3rd St.: 6,464± SF warehouse/flex building for storage, creative workspace, or light industrial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,743
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,614,860
$4.6M
Cap Rate 7%
$3,296,329
$3.3M
Cap Rate 9%
$2,563,811
$2.6M
Market Conditions
NOI Build-Up for 20,716 SF
Gross rent
$372.9K $18.00/SF
− Vacancy
−$17.9K −$0.86/SF
EGI
$355.0K $17.14/SF
− OpEx
−$124.2K −$6.00/SF
NOI
$230.7K $11.14/SF
Area
Stanislaus County, CA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,614,860
Cap Rate 7%
$3,296,329
Cap Rate 9%
$2,563,811
Alternative Uses
Best Use
Retail
$6.91M
$6.05M – $8.06M
NOI $483,882 @ 7.0% cap · market cap 18.65%
Second Best
Flex RnD
$3.30M
$2.88M – $3.85M
NOI $230,743 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$9.63M
$8.43M – $11.23M
NOI $674,003 @ 7.0% cap · market cap 25.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,584
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95380, CA
42,912
Population
15,682
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
73%
High-School Grad
77.2 sq mi
ZIP Area
556
Density / Sq Mi
$68,308
Median Household Income
$39,002
Median Earnings
$1,348
Median Rent
$410,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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- Taquitos El Gordito Catering — 830 N Golden State Blvd, Turlock, CA 95380
Frequently Asked Questions
What type of property is this?
Flex space - Combined 20,716± SF includes storefront retail and a flexible warehouse/flex building with high ceilings.
Where is this flex space located?
The property is located at 107 3rd St Turlock, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Combined 20,716± SF of commercial space on a prominent downtown Turlock corner; Includes 250 W. Market St.: 14,252± SF with a high‑visibility storefront and expansive display windows; Includes 107 3rd St.: 6,464± SF warehouse/flex building for storage, creative workspace, or light industrial use
