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    2140 Grant Line Rd Tracy, CA 95377

    For Sale
    $400,000

    7,411 SF Office Building, Ground Lease

    Property size:
    7,411 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 7,411 square foot free-standing office building, located at 2140 W. Grant Line Road in Tracy, California (zip code 95377), presents a unique investment opportunity. Previously a community bank, the property is currently configured as commercial office space. The building is situated on a ground lease, offering a significant advantage for potential buyers. The current ground lease expires on May 1st, 2027, and includes options to extend the lease until May 31st, 2047. The asking price for this property is $400,000. The monthly ground rent is approximately $13,865. This property is classified as a traditional office building and is located in San Joaquin County. The property's address is 2140 W Grant Line Rd, Tracy, CA 95377. The geographic coordinates are latitude 37.7532915 and longitude -121.4547683. This presents a compelling opportunity for investors seeking a well-located office building with a potentially long-term lease arrangement. The building's history as a community bank suggests a solid foundation and potential for various commercial uses. The ground lease terms provide both immediate and long-term financial considerations for prospective buyers.

    Property Features for 2140 Grant Line Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,411 SF

    HighLights

    • 7,411 SF free‑standing office building in Tracy, CA (95377).
    • $400,000 asking price.
    • Ground lease expiring May 1, 2027, with extension options to May 31, 2047.
    • Approximate monthly ground rent: $13,865.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Realty ONE Group ... Real Estate Agency Keonnee Linnell - California ... Real Estate Agent Deborah Hall, Realty ... Real Estate Agent Melissa Jimenez, REALTOR ... Real Estate Agent Tarinder Uppal Realtor® Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tracy
    County
    San Joaquin
    State
    California
    Longitude
    -121.4547683
    Latitude
    37.7532915

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    FAQs

    What type of property is this?
    Office Property / Space - 7,411 SF Office Building, Ground Lease
    Where is this office property / space located?
    The property is located at 2140 Grant Line Rd Tracy, CA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 7,411 SF free-standing office building in Tracy, CA (95377).; $400,000 asking price.; Ground lease expiring May 1, 2027, with extension options to May 31, 2047.
    Request Owner's contact information
    2140 Grant Line Rd Tracy, CA 95377
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    Tracy, CA 95377
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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
    2140 Grant Line Rd Tracy, CA 95377
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