Remodeled Office Building with
For Sale
Contact for pricing
337 Burney St, Modesto, CA 95354
Office property featuring a remodeled building and additional rear building.
Property Size1,270 SF
Lot Size0.13 Acres
Price / SF$248.03
Days on Market219
Property Features for 337 Burney St
General Information
Standard status
Active
Size
1,270 SF
Lot size
0.13 Acres
Property subtype
Office
Zoning
END
Building Details
Year Built
1920
Buildings
2
Stories
1
Units
2
Listing Agency:
Brekke Real Estate Inc
Listed By:
Randy Brekke · License #CA 00856863
(209) 571-7230
Source:
Crexi
Added: Mar 11
Changed: Oct 7
Last Checked: Oct 14 at 10:17PM
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 Brekke Real Estate Inc
Investment Insights
Based on property information with market context.
This commercial property features a remodeled office building constructed in 1920. The total size of the property is approximately 1,270 square feet, which includes approximately 990 square feet in the main building and an additional 280 square feet in the rear building. The parcel size is approximately 5,662 square feet. The property is located in Stanislaus County and is zoned TND (Traditional Neighborhood Downtown Zone).
Key Highlights
- Remodeled 1920s property
- Zoned TND (Traditional Neighborhood Downtown Zone)
- Total size of 1,270 ± sf (includes main and rear buildings)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,374
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,480
$427.5K
Cap Rate 7%
$305,343
$305.3K
Cap Rate 9%
$237,489
$237.5K
Market Conditions
NOI Build-Up for 1,270 SF
Gross rent
$33.5K $26.40/SF
− Vacancy
−$5.0K −$3.96/SF
EGI
$28.5K $22.44/SF
− OpEx
−$7.1K −$5.61/SF
NOI
$21.4K $16.83/SF
Area
Modesto, CA
Vacancy
15.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,480
Cap Rate 7%
$305,343
Cap Rate 9%
$237,489
Alternative Uses
Best Use
Office B
$305.3K
$267.2K – $356.2K
NOI $21,374 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$426.7K
$373.4K – $497.8K
NOI $29,870 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,392
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office property featuring a remodeled building and additional rear building.
Where is this office units located?
The property is located at 337 Burney St Modesto, CA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Remodeled 1920s property; Zoned TND (Traditional Neighborhood Downtown Zone); Total size of 1,270 ± sf (includes main and rear buildings)
