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    Hammett Rd Modesto, CA 95368

    For Sale
    Contact for pricing

    Prime Modesto location, 7.45 acres, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.45-acre commercial land parcel, located in Salida, California, presents a remarkable investment opportunity. Situated off Highway 99 at Hammett Road, the property boasts exceptional visibility and convenient access. The land is zoned C-2, allowing for a diverse range of commercial uses. The seller is actively pursuing full entitlements for a development plan encompassing a gas station, a small retail strip or quick-service restaurant (QSR), and approximately 65,000 square feet of self-storage units. The property includes existing utilities and some improvements. The total acreage is approximately 7.45 net acres, comprised of three parcels (APN: 003-14-07, 003-14-08, 003-14-09). The land value is estimated at $15 to $18 per square foot. This prime location, coupled with the proposed development plan, makes this a highly attractive investment for developers seeking a high-traffic, high-visibility site in a growing market. The property's proximity to Highway 99 ensures significant exposure and accessibility for potential businesses. The zip code is 95368.

    Property Features for 0 Hammett Rd

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • 7.45‑acre commercial land parcel in Salida, CA (95368).
    • High‑visibility location off Highway 99 at Hammett Road.
    • C‑2 zoning allows for diverse commercial uses.
    • Seller pursuing entitlements for gas station, retail strip/QSR, and ~65,000 SF self‑storage.
    • Land value estimated at $15-$18/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Modesto
    County
    -- Select --
    State
    California
    Longitude
    -121.10138768347
    Latitude
    37.72550464282

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    FAQs

    What type of property is this?
    Land - Prime Modesto location, 7.45 acres, C-2 zoning.
    Where is this land located?
    The property is located at Hammett Rd Modesto, CA.
    What are key features of this property?
    This property features: 7.45-acre commercial land parcel in Salida, CA (95368).; High-visibility location off Highway 99 at Hammett Road.; C-2 zoning allows for diverse commercial uses.
    (209) 595-7150
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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
    Hammett Rd Modesto, CA 95368
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