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Property profile & analytics
OFF-MARKET
Land

0 Sperry Ave Patterson, CA 95363

1.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.255-acre commercial land parcel presents a unique investment opportunity in Patterson, California. Located within the Delta Marketplace on Sperry Avenue, Parcel 3 boasts unparalleled visibility due to its strategic placement and high traffic counts verified by CalTrans. The property is zoned for commercial use and offers convenient access within the Delta Marketplace, a burgeoning retail center. The site benefits from existing city water and sewer services, as well as a community stormwater system. Patterson's business-friendly city government fosters a supportive environment for new ventures. The city's strategic location, being the first city on Interstate 5 from Los Angeles County and only 75 miles from the Port of Oakland, provides significant logistical advantages. Patterson is experiencing substantial growth, with recent annexations adding over 1200 acres and projected to bring over 5000 new residential units, potentially increasing the population to over 50,000 and creating a trade area exceeding 100,000 people. This growth is fueled by new residential developments from major builders like Lennar Homes and DR Horton. The property's APN is 021-098-001. This is an ideal opportunity to capitalize on Patterson's dynamic expansion and establish a thriving business in a high-traffic, high-visibility location. The property is situated opposite the Pilot Flying J Travel Center, ensuring consistent exposure to a large volume of passing traffic.

Property profile
Verified
Property type Land
Lot 1.26 ac (54,668 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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