Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Near Highway 99 Title is generated by Realmo AI

    Lathrop Road & North Main Street Manteca @ Hwy 99, Manteca, CA 95336

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial land with freeway pylon sign opportunity near Highway 99.

    Type:Land
    Added:
    Aug 20, 2018
    Days on Market:
    2842
    Last Refresh:
    May 20 at 1:08 am

    Property Features for Lathrop Road & North Main Street Manteca @ Hwy 99

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Randy Brekke

    Listing agent Randy Brekke License #CA 00856863

    Listing office Brekke Real Estate Inc

    Listing date Aug 20, 2018

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Brekke Real Estate Inc

    HighLights

    • Level topography
    • Located near ARCO, Am‑Pm & Starbucks
    • Opportunity for 100 sf sign panel on 80’± high freeway pylon sign (not included in price)
    • Buyer responsible for access easement improvements along property line
    • Buyer responsible for utilities to the site

    Overview

    This commercial land parcel features level topography. The buyer is responsible for access easement improvements along the property line and for bringing utilities to the site. There is an opportunity to lease a 100 square foot sign panel on an approximately 80-foot high freeway pylon sign; this is not included in the price. The property is located near an ARCO station, an Am-Pm convenience store, and a Starbucks.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Manteca
    County
    San Joaquin
    State
    California
    Longitude
    -121.201
    Latitude
    37.8341

    Nearby Similar for Sale

    • $599,900
      1,823 SF

      Modern Home with Flexible Den/Office

      Move-in ready 2023 home with upgrades and efficient design.
      3134 Feather Rd, Manteca, CA 95337
      View Details
    • $1,600,000
      7,469 SF

      Industrial Condo in Manteca Commerce

      Class A industrial condo in a professionally managed business park.
      1475 Moffat Blvd, Manteca, CA 95336
      View Details
    • $1,795,000
      7,469 SF

      Class A Industrial Warehouse Condo

      Vacant Class A industrial warehouse condo in Manteca Commerce Park.
      1475 Moffat Blvd, STE 15,, Manteca, CA 95336
      View Details
    • $399,000

      Manteca Commercial Property for Sale

      Commercial property available in Manteca, California.
      410 Stockton Street, Manteca, CA 95337
      View Details
    • $550,000
      2,988 SF

      Downtown Retail Building on Yosemite

      Freestanding commercial building in a high-traffic downtown location.
      159 W Yosemite Avenue, Manteca, CA 95336
      View Details
    • $550,000
      2,988 SF

      Downtown Commercial Building on Yosemite

      Freestanding commercial building in downtown Manteca with versatile floor plan.
      Yosemite Avenue, Manteca, CA 95336
      View Details
    • $7,200,000

      Manteca Land Near Kaiser Hospital

      9+ acre commercial land near Kaiser Permanente hospital.
      1758 W Yosemite Avenue, Manteca, CA 95337
      View Details
    • $2,091,000
      12,000 SF

      Industrial Warehouse Space Available

      12,000 sqft warehouse for sale.
      301 E Wetmore St, Manteca, CA 95337
      View Details
    • $1,495,000
      2,400 SF

      Established Gas Station & C-Store

      High-performing 7-Eleven with strong sales and prime location.
      1399 N Main St, Manteca, CA
      View Details
    • $2,400,000
      862 SF

      Freestanding Retail Building in Manteca

      Freestanding retail building in a major retail hub.
      1105 W Yosemite Ave, Manteca, CA
      View Details
    • $7,409,500

      Corner Lot on Airport Way

      Commercial land available at the corner of Louise and Airport.
      2105 N Airport Way, Manteca, CA 95336
      View Details
    • $2,352,240

      Commercial Land on Main Street

      Commercial land available on the corner of S Main.
      2793 S Main Street, Manteca, CA 95337
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with freeway pylon sign opportunity near Highway 99.
    Where is this commercial land located?
    The property is located at Lathrop Road & North Main Street Manteca @ Hwy 99 Manteca, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Level topography; Located near ARCO, Am‑Pm & Starbucks; Opportunity for 100 sf sign panel on 80’± high freeway pylon sign (not included in price)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Randy Brekke
    Real Estate License ID: CA 00856863
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lathrop Road & North Main Street, Manteca @ Hwy 99, Manteca, CA 95336
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!