Current Use by Public Records
- Land
Property Details for 0 Sperry Ave
- Lot size
- 1.27 lot acres
- Property type
- Land
Description
This exceptional 1.27-acre commercial land parcel, designated Parcel 2, is situated within the burgeoning Delta Marketplace in Patterson, California. Located on Sperry Avenue, this property boasts unparalleled visibility and accessibility, benefiting from strategic traffic flow and proximity to major thoroughfares, including Highway 5. Its ideal location directly across from a busy Pilot Flying J Travel Center ensures high exposure to both local residents and interstate travelers. The parcel is zoned for commercial use and is perfectly suited for a quick-service restaurant (QSR), capitalizing on the significant growth projected for Patterson. The city is experiencing a rapid expansion, fueled by the ongoing development of the Baldwin Ranch project by Lennar Homes and DR Horton, and a recently approved 1200-acre annexation that will add over 5000 new residential units. This substantial population increase will significantly boost the trade area, exceeding 100,000 individuals, creating a robust market for businesses in the Delta Marketplace. The property's APN is 021-098-001-000, and it's offered under a 1031 exchange condition. This presents a unique opportunity for investors to establish a thriving business in a rapidly growing community. The property is owned by a developer and offers significant potential for immediate development and long-term return on investment. The zip code is 95363, and the property is located in Stanislaus County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Patterson
- County
- Stanislaus
- State
- California
- Longitude
- -121.149
- Latitude
- 37.4644
