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    421 Maze Blvd, Modesto, CA 95351

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    Conventional restaurants

    Type:Retail
    Property size:
    2,080 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $240/SF
    Added:
    Jul 6, 2024
    Days on Market:
    705
    Last Refresh:
    May 12 at 9:43 pm

    Property Features for 421 Maze Blvd

    General Information

    Standard status
    Active
    Size
    2,080 SF
    Lot size
    0.32 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1947

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    Listing Contact
    Kanwarbir Chima

    Listing agent Kanwarbir Chima License #DRE#02026413

    Listing office Mountain Valley Properties

    Listing date Jul 6, 2024

    Source Crexi

    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 Mountain Valley Properties

    HighLights

    • Prime location near downtown Modesto with high traffic.
    • Spacious 2,086 sq ft building on a 0.32‑acre lot.
    • Approximately 25 parking spots and easy access to CA‑99 (under 0.7 miles).
    • Well‑established eatery with a loyal customer base.
    • Fully wheelchair accessible (entrance, parking, seating).
    • Popular spot for lunch, dinner, and solo dining with a casual, cozy, and trendy atmosphere.

    Local Financial Insights For Specialty Retail

    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 $49.9k $24.00
    − Vacancy −$2.7k −$1.32
    EGI $47.2k $22.68
    − OpEx −$11.8k −$5.67
    NOI $35.4k $17.01
    2,080 SF · lease $24.00/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $505.4K
    $442.3K – $589.7K (±1% cap)
    NOI $35,381 @ 7.0% cap · market cap 7.08%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $698.9K
    $611.5K – $815.4K (±1% cap)
    NOI $48,922 @ 7.0% cap · market cap 9.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Taylor’s Smokehouse(Formerly Doc’s ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -121.0128273
    Latitude
    37.6383588

    FAQs

    Where is this conventional restaurant located?
    The property is located at 421 Maze Blvd Modesto, CA.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: Prime location near downtown Modesto with high traffic.; Spacious 2,086 sq ft building on a 0.32‑acre lot.; Approximately 25 parking spots and easy access to CA‑99 (under 0.7 miles).
    (209) 505-9891 Call to check price and availability
    More about this property
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