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    Sperry Ave Patterson, CA 95363

    For Sale
    Contact for pricing

    1.27-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.27-acre commercial land parcel, designated Parcel 2, is situated within the burgeoning Delta Marketplace in Patterson, California. Located on Sperry Avenue, this property boasts unparalleled visibility and accessibility, benefiting from strategic traffic flow and proximity to major thoroughfares, including Highway 5. Its ideal location directly across from a busy Pilot Flying J Travel Center ensures high exposure to both local residents and interstate travelers. The parcel is zoned for commercial use and is perfectly suited for a quick-service restaurant (QSR), capitalizing on the significant growth projected for Patterson. The city is experiencing a rapid expansion, fueled by the ongoing development of the Baldwin Ranch project by Lennar Homes and DR Horton, and a recently approved 1200-acre annexation that will add over 5000 new residential units. This substantial population increase will significantly boost the trade area, exceeding 100,000 individuals, creating a robust market for businesses in the Delta Marketplace. The property's APN is 021-098-001-000, and it's offered under a 1031 exchange condition. This presents a unique opportunity for investors to establish a thriving business in a rapidly growing community. The property is owned by a developer and offers significant potential for immediate development and long-term return on investment. The zip code is 95363, and the property is located in Stanislaus County.

    Property Features for 0 Sperry Ave

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • Delta Marketplace: New shopping center approved in Patterson.
    • High‑visibility location on Sperry Ave. with excellent traffic flow, ideal for a gateway center.
    • Accessible to commuters, daytime traffic, and Highway 5 drivers.
    • Across from a busy Pilot Flying J, attracting interstate travelers.
    • Patterson is experiencing significant growth, including a 1200‑acre annexation adding 5086 new homes, boosting the population and trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Patterson
    County
    Stanislaus
    State
    California
    Longitude
    -121.1486435
    Latitude
    37.4644472

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    FAQs

    What type of property is this?
    Land - 1.27-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Sperry Ave Patterson, CA.
    What are key features of this property?
    This property features: Delta Marketplace: New shopping center approved in Patterson.; High-visibility location on Sperry Ave. with excellent traffic flow, ideal for a gateway center.; Accessible to commuters, daytime traffic, and Highway 5 drivers.
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    Realmo Value Estimation

    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.

    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.

    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
    Sperry Ave Patterson, CA 95363
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