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Showroom-Retail and Dock-High Warehouse
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1332 9th Street, Modesto, CA 95354

Includes improved showroom/retail space, dock-high warehouse operations, and a two-story apartment with refurbishment potential.

Property Size8,000 SF
Price / SF$111.88
Days on Market97

Property Features for 1332 9th Street

General Information

Standard status Active
Size 8,000 SF
Property subtype Industrial, Mixed Use
Investment Type Value Add

Building Details

Year Built 1935
Listing Agency: PMZ Commercial
Listed By: Randy High · License #01238404
Source: Crexi
Added: Jul 9 Changed: Oct 4 Last Checked: Oct 12 at 6:00PM

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 PMZ Commercial

Investment Insights

Based on property information with market context.

This ±8,000 SF property includes approximately 2,000 SF of nicely improved showroom/retail space upfront. The remainder is configured as functional dock-high warehouse space for operations, with additional value-add coming from a unique two-story apartment. The apartment presents refurbishment or remodeling opportunities.

Located at 1332 9th Street in Modesto, the property benefits from a corridor described as undergoing significant transformation.

Overall, the layout combines customer-facing retail/showroom space with warehouse operations and an on-site residential component, creating a mixed-use configuration within a single building.

Key Highlights

  • ±8,000 SF commercial property in Modesto with showroom/retail, dock‑high warehouse, and residential space
  • Approximately 2,000 SF of improved showroom/retail space at the front of the property
  • Functional dock‑high warehouse space supporting business operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,205
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,100 $1.5M
Cap Rate 7%
$1,088,643 $1.1M
Cap Rate 9%
$846,722 $846.7K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$115.2K $14.40/SF
− Vacancy
−$6.3K −$0.79/SF
EGI
$108.9K $13.61/SF
− OpEx
−$32.7K −$4.08/SF
NOI
$76.2K $9.53/SF
Area
Modesto, CA
Vacancy
5.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,100
Cap Rate 7%
$1,088,643
Cap Rate 9%
$846,722

Alternative Uses

Best Use
Retail
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,073 @ 7.0% cap · market cap 13.86%
Second Best
Flex RnD
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,019 @ 7.0% cap · market cap 11.73%
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M (±1% cap)
NOI $188,160 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Pacific Bolt Co ... Building Supply

Suggested Use

Top Pick Pharmacy Veterinary Clinic Storage Facility Locksmith Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,934
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95354, CA

26,765
Population
9,797
Households
2.7
Avg Household Size
36
Median Age
17%
College-Educated
80%
High-School Grad
7.7 sq mi
ZIP Area
3,476
Density / Sq Mi
$65,643
Median Household Income
$42,126
Median Earnings
$1,463
Median Rent
$360,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bauers Catering & Craft Services — 822 9th St, Modesto, CA 95354
  • Dirty Tux | Mobile Bartending Service — 822 9th St #7, Modesto, CA 95354
  • My Chef Catering — 1410 H St, Modesto, CA 95354
  • Hungry Soul — 1211 7th st, modesto, ca 95351
  • Munchies Where Happy Meets Hungry Food Truck — 302 N 9th St, Modesto, CA 95350

Frequently Asked Questions

What type of property is this?
Flex space - Includes improved showroom/retail space, dock-high warehouse operations, and a two-story apartment with refurbishment potential.
Where is this flex space located?
The property is located at 1332 9th Street Modesto, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: ±8,000 SF commercial property in Modesto with showroom/retail, dock‑high warehouse, and residential space; Approximately 2,000 SF of improved showroom/retail space at the front of the property; Functional dock‑high warehouse space supporting business operations
More about this property
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