Corner Retail and Flex
107 3rd St Turlock, CA 95380
107 3rd St, Turlock, CA, 95380
Contact for pricing
For Sale
Contact for pricing
Combined 20,716± SF includes storefront retail and a flexible warehouse/flex building with high ceilings.
Property Size20,716 SF
Price / SF$134.92
Days on Market398
Property Features for 107 3rd St
General Information
- Standard status
- Active
- Size
- 20,716 SF
- Property subtype
- RETAIL
Listing agency
First Commercial Real Estate and Advisory Services
(337) 852-1040
Listed by
Andy Le · License #CA 02110117
(337) 852-1040
Source
Moodyscre
Added: Jun 20, 2025 Updated: Jul 21 at 3:29PM Checked: Jul 21 at 3:29PM
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
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
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $372.9k | $18.00 |
| − Vacancy | −$17.9k | −$0.86 |
| EGI | $355.0k | $17.14 |
| − OpEx | −$124.2k | −$6.00 |
| NOI | $230.7k | $11.14 |
20,716 SF · lease $18.00/SF/yr · vacancy 4.80% · expense 35.00%
Alternative Uses
Best Use
Retail
$6.91M
$6.05M – $8.06M
NOI $483,882 @ 7.0% cap · market cap 17.31%
Second Best
Flex RnD
$3.30M
$2.88M – $3.85M
NOI $230,743 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$9.63M
$8.43M – $11.23M
NOI $674,003 @ 7.0% cap · market cap 24.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Traveling Pizza — 10 e main st, turlock, ca 95380
- Taquitos El Gordito Catering — 830 N Golden State Blvd, Turlock, CA 95380
- Just Copasetic Tacos — Turlock, CA 95380
- Mels 209 Sales — 871 Vermont Ave, Turlock, CA 95380
- Eva's Taqueria — 445 Lander Ave, Turlock, CA 95380
FAQs
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 $2,795,000.
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
