Versatile Warehouse
1316 10th Street Modesto, CA 95354
1316 10th Street, Modesto, CA, 95354
$779,000
For Sale
$779,000
4,500 SF warehouse/commercial building on a 7,000 SF lot, available for sale.
Property Size4,500 SF
Lot Size0.16 Acres
Price / SF$173.11
Days on Market36
Property Features for 1316 10th Street
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1925
Listing agency
EXIT Realty Consultants
(209) 800-3948
Listed by
Renee E. Ledbetter · License #01488931
(209) 800-3948
Source
Exitrealty
Added: Jun 17 Updated: Jul 22 at 6:16AM Checked: Jul 22 at 6:16AM
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 EXIT Realty Consultants
Investment Insights
Based on property information with market context.
This versatile 4,500 SF warehouse/commercial building is situated on a 7,000 SF lot and is offered for sale. The property is presented as well-suited for income generation and may also accommodate adaptive reuse, depending on how the space is configured for a specific business plan.
The building is located at 1316 10th Street in Modesto, California. As a standalone warehouse and commercial structure on its own lot, it offers a straightforward footprint for tenants and buyers looking for an adaptable industrial-style asset.
The building is located at 1316 10th Street in Modesto, California. As a standalone warehouse and commercial structure on its own lot, it offers a straightforward footprint for tenants and buyers looking for an adaptable industrial-style asset.
Key Highlights
- 4,500 SF warehouse/commercial building
- Situated on a 7,000 SF lot
- Built in 1925
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 | $97.2k | $21.60 |
| − Vacancy | −$6.3k | −$1.40 |
| EGI | $90.9k | $20.20 |
| − OpEx | −$31.8k | −$7.07 |
| NOI | $59.1k | $13.13 |
4,500 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$843.9K
$738.4K – $984.6K
NOI $59,073 @ 7.0% cap · market cap 7.58%
Second Best
Warehouse
$685.2K
$599.6K – $799.4K
NOI $47,966 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,840 @ 7.0% cap · market cap 13.59%
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
- Bauers Catering & Craft Services — 822 9th St, Modesto, CA 95354
- Munchies Where Happy Meets Hungry Food Truck — 302 N 9th St, Modesto, CA 95350
- Hungry Soul — 1211 7th st, modesto, ca 95351
- My Chef Catering — 1410 H St, Modesto, CA 95354
- Dirty Tux | Mobile Bartending Service — 822 9th St #7, Modesto, CA 95354
FAQs
What type of property is this?
Flex space - 4,500 SF warehouse/commercial building on a 7,000 SF lot, available for sale.
Where is this flex space located?
The property is located at 1316 10th Street Modesto, CA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 4,500 SF warehouse/commercial building; Situated on a 7,000 SF lot; Built in 1925