Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1318 S Washington Rd Turlock, CA 95380

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,999,900

    19.79 acres of industrial land within city limits.

    Lot size:
    19.79 Acres

    Property Features for 1318 S Washington Rd

    General Information

    Standard status
    Active
    Lot size
    19.79 Acres

    We can help!

    Listing Contact
    Clarence Oliveira Jr.
    Clarence Oliveira Jr.
    Source: Exitrealty

    Listing Agency: Century 21 Select Real Estate Listing Agent: Clarence Oliveira Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turlock Industrial Land For Sale

    This 19.79-acre industrial land parcel is located in Turlock, California. Situated within the city limits, the property falls under the Western Industrial Specific Plan (WISP). The City of Turlock has completed the Environmental Impact Report (EIR) for this expanded area. The property is industrial ground. Two other neighboring parcels with the same owner are also available for sale.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center Skin Care Clinic HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Turlock
    County
    Stanislaus
    State
    California
    Longitude
    -120.9013434
    Latitude
    37.4808521

    Nearby Similar for Sale

    • $1,700,000
      1,932 SF

      Agricultural Land with Farmhouse in Turlock

      Large agricultural parcel with updated farmhouse near Turlock and HWY 99.
      2500 W Barnhart Rd, Turlock, CA 95382
      View Details
    • $874,950
      Pending

      Fully Leased Turlock Office Building

      Single-story office building with four fully occupied suites.
      415 E Olive Ave, Turlock, CA 95380
      View Details
    • $850,000
      4,281 SF

      Updated Quadruplex in Turlock, CA

      Turnkey multi-unit investment property with four updated units.
      312 W Main St, Turlock, CA 95380
      View Details
    • $850,000
      0.32 Acres

      Updated Multi-Unit Investment Property

      Four updated units on a spacious lot near downtown Turlock.
      312 West Main St, Turlock, CA 95380
      View Details
    • $134,900

      Turlock Senior Park Home

      Charming 2-bedroom home in Turlock's vibrant senior community.
      500 N Tully Rd, Turlock, CA 95380
      View Details
    • $850,000

      Turlock Multi-Unit Investment Opportunity

      Four updated units on a large lot near downtown Turlock.
      312 W Main St, Turlock, CA 95380
      View Details
    • $1,550,000

      Multifamily Property with Renovated Units

      8-unit multifamily property with renovated units and private yards.
      1036 N Olive Ave, Turlock, CA 95380
      View Details
    • $1,300,000

      Turlock Multifamily Property For Sale

      8-unit multifamily property with renovation upside in Turlock, CA.
      1036 N Olive Ave, Turlock, CA 95380
      View Details
    • $999,950

      Permitted Dairy Operation For Sale

      Fully-permitted dairy operation with residential units for owner-occupancy or income.
      3918 S Kilroy Rd, Turlock, CA 95380
      View Details
    • $865,000
      Pending

      Downtown Mixed-Use Property For Sale

      Mixed-use property with retail and warehouse space in downtown.
      226 N 1St St, Turlock, CA 95380
      View Details
    • $1,300,000

      Residential Quadplex with Private Yards

      Four separate buildings, each with a private rear yard.
      1036 N Olive Ave, Turlock, CA 95380
      View Details
    • $1,300,000
      4,067 SF

      Turlock Multifamily Property For Sale

      8-unit multifamily property with renovation upside in Turlock, CA.
      1036 Olive Ave, Turlock, CA 95380
      View Details

    FAQs

    What type of property is this?
    Industrial land - 19.79 acres of industrial land within city limits.
    Where is this industrial land located?
    The property is located at 1318 S Washington Rd Turlock, CA.
    What is the asking price?
    The asking price for this property is $1,999,900.
    What are key features of this property?
    This property features: - 19.79 Acres of Industrial Ground; - Located within the Western Industrial Specific Plan (WISP); - City of Turlock has performed the EIR for the area
    (209) 988-5254
    Request Owner's contact information
    1318 S Washington Rd Turlock, CA 95380
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1318 S Washington Rd
    Turlock, CA 95380
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1318 S Washington Rd Turlock, CA 95380
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Clarence Oliveira Jr.
    Clarence Oliveira Jr.
    Real Estate License ID: 01225017
    (209) 988-5254 (209) 633-1821 (209) 667-6111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!