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    4400 Washington St Stockton, CA 95215

    Sponsored
    For Sale
    $850,000

    Prime corner lot, multi-tenant retail building.

    Property size:
    2,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 2,660 square foot retail building situated on a prominent corner lot (7,004 sq ft) in Stockton's Garden Acres neighborhood. The property, featuring a slanted roof and two handicap parking spaces (not ADA compliant), is currently 100% occupied by two tenants, generating a combined monthly rental income of $3,383 ($1,133 and $2,250). The building operates under a Net Lease (NNN) agreement with a multi-tenant occupancy since June 19, 2016. The property also includes a residential unit. Located in a community-oriented area with local businesses and community centers, this C-2 zoned property offers a stable investment with growth potential. The 2023 property taxes totaled $3,565, with a tax assessment of $283,013. Its convenient location, approximately 50 miles from both Sacramento and the Bay Area, enhances its appeal and business attraction potential. The asking price is $850,000, representing a strong return on investment. This one-story building is a unique opportunity in a thriving neighborhood. The property's APN is 159-041-01.

    Property Features for 4400 Washington St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,660 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 2,660 SF retail building on a 7,004 SF corner lot in Stockton's Garden Acres neighborhood.
    • Currently 100% occupied by two tenants generating $3,383 monthly net income ($1,133 and $2,250).
    • Net Lease (NNN) agreement in place since June 19, 2016; includes a residential unit.
    • C‑2 zoning, located near local businesses and community centers.
    • 2023 property taxes: $3,565; assessed value: $283,013. APN: 159‑041‑01.
    • Asking price: $850,000. Located ~50 miles from Sacramento and the Bay Area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Heng Hair Cuts Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.2345141
    Latitude
    37.9631061

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    FAQs

    What type of property is this?
    Individual retail property - Prime corner lot, multi-tenant retail building.
    Where is this individual retail property located?
    The property is located at 4400 Washington St Stockton, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 2,660 SF retail building on a 7,004 SF corner lot in Stockton's Garden Acres neighborhood.; Currently 100% occupied by two tenants generating $3,383 monthly net income ($1,133 and $2,250).; Net Lease (NNN) agreement in place since June 19, 2016; includes a residential unit.
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    Stockton, CA 95215
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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
    4400 Washington St Stockton, CA 95215
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