2813 Coffee Rd Ste E3 Modesto, CA 95355-1755
- Investment properties
- 1,008 SF
- 0.11 lot acres
Jun 07, 2022
Current Use by Public Records
- Weimer Chiropractic / Chiropractor / Neurologist
- AVAILABILITY Professional Staffing / Employment Center / Employment Consultant
- Williamsen Richard / Tax Preparation Service
- Valbridge Property Advisors / Real Estate Appraiser
Property Details for 2813 Coffee Rd Ste E3
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 1,008 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 013-087-003-000
- APU
- 13087003000
Description
This single-story, 4,032-square-foot office building in Modesto, CA, presents a unique owner-user opportunity. Located at 2813 Coffee Rd, this property features three units ranging in size from 1,008 to 2,016 square feet, ideal for a business seeking to occupy a portion while leasing the remainder. Built in 1986 and extensively renovated in 2016, the interior is modern and adaptable, easily convertible for medical use. The 19,164-square-foot lot provides ample space, complemented by 18 parking spaces. The property is zoned PD and offers a flexible ownership structure; the seller is open to considering a short-term lease for the entire building. This presents a compelling investment opportunity in a thriving Modesto location, with the potential for both immediate occupancy and long-term rental income. The property's convenient location and versatile layout make it suitable for a variety of professional uses. The building's recent renovation ensures modern amenities and functionality. This is a rare chance to acquire a well-maintained, adaptable office space in a desirable area. The property's APN is 013-087-003.
Value Estimations
-
AI approach
- Estimation
- $695,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $745,000
- 6.5%
- $865,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $810,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $735,000
- Retail
- $665,000
- Mixed-Use
- $710,000
- Hospitality
- $825,000
- Educational
- $750,000
- Residential Income
- $715,000
- Energy
- $660,000
- Income-Based Land
- $850,000
- Food Service
- $760,000
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Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -120.977
- Latitude
- 37.6805
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA