Two adjacent downtown Modesto parcels totaling 14,000 square feet are available for $289,900. This corner lot boasts excellent visibility and convenient alley access, offering ample street frontage and easy entry. Utilities including water, sewer, power, and gas are readily accessible nearby. The property's strategic location, just one block from Highway 99, provides exceptional access to downtown Modesto and surrounding areas. Zoned C-M, this versatile land offers a wide range of commercial and industrial development possibilities. Permitted uses include, but are not limited to: warehouse space, retail shops, food truck parks, automotive services, vocational schools, public facilities, churches, entertainment venues, offices, medical facilities, outdoor sales areas, recycling centers, restaurants, kennels, daycares, and various other businesses. The property's proximity to restaurants, the DoubleTree Hotel, and city and county offices further enhances its appeal and potential for success. APN numbers are 104-009-003 and 104-009-004. This is a rare opportunity to acquire a significant commercial/industrial property in a thriving downtown location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.