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    Highway 120 Manteca, CA 95337
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    Highway 120, Manteca, CA 95337

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    • Retail properties & Spaces
    • 99,656 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Highway 120

    Property type
    Retail properties & Spaces
    Property subtype
    Drive through restaurants

    Description

    Union Crossing Power Center, a premier retail development in Manteca, CA, offers an exceptional opportunity for businesses seeking high-visibility locations within a thriving market. This 99,656 square foot center is situated along Highway 120, a major thoroughfare experiencing an estimated 82,000 vehicles daily, providing unparalleled exposure to commuters traveling between the Bay Area and Central Valley. The property boasts a prime location in Manteca's strongest retail corridor, benefiting from its proximity to I-5 and Highway 99. Ten suites are available, ranging from a minimum of 3,000 square feet to a maximum contiguous space of 65,256 square feet, offering flexibility for various retail concepts, including restaurants (QSR and drive-thru options available), big box stores, and smaller retail shops. The center is designed to accommodate both lease and build-to-suit options, including anchor tenant spaces with adjacent retail pad sites. Manteca's robust growth trajectory, projected at 9.8% through 2026, fueled by ten new housing developments south of Highway 120, ensures a strong and expanding customer base. The property is strategically located at the intersection of Union Road and W Atherton Drive in San Joaquin County, offering excellent freeway visibility and access to a population exceeding 85,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manteca
    County
    San Joaquin
    State
    California
    Longitude
    -121.235
    Latitude
    37.7815

    Comparable in this City

    • Value Estimation by Request
      2,960 SF

      1140 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD
      1140 Main St, Manteca, CA 95337-9505
      View Details
    • Value Estimation by Request
      4,300 SF

      1236 Yosemite Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      1236 Yosemite Ave, Manteca, CA 95337-5126
      View Details
    • Value Estimation by Request
      2,305 SF

      1401 Yosemite Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      1401 Yosemite Ave, Manteca, CA 95337-5100
      View Details
    • Value Estimation by Request
      1,515 SF

      506 Yosemite Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      506 Yosemite Ave, Manteca, CA 95337
      View Details
    • Value Estimation
      $535,000
      1,104 SF

      906 Yosemite Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      906 Yosemite Ave, Manteca, CA 95337-5339
      View Details
    • Value Estimation by Request
      0.64 Acres

      1081 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD
      1081 Main St, Manteca, CA 95337-5721
      View Details

    Similar Nearby for Sale

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      12,000 SF

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      Vacant Land Development Opportunity

      Vacant land available for development in a desirable neighborhood.
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    • $2,000,000
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      Land on Yosemite Avenue

      Located on Yosemite Avenue, easily accessible and highly visible.
      3600 West Yosemite Ave, Lathrop, CA 95337
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      Land in South Manteca Retail Area

      Located in a high-growth area with flexible zoning.
      1688 S Airport Way, Manteca, CA 95337
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      Commercial Mixed Use Land

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    Similar Nearby for Lease

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      14,000 SF

      Manteca Retail Space Available

      22,000 SF retail space for lease in Manteca, CA.
      W Atherton Dr, Manteca, CA 95337
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    • Contact for pricing
      1,162 SF

      Retail Space Available For Lease

      Retail and restaurant spaces available for lease in Manteca, CA.
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      825 SF

      Retail Space in Busy Center

      Retail space in a high-traffic location with ample parking.
      181 S Union Rd, Manteca, CA 95337
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    • Contact for pricing
      6,000 SF

      Retail Space in Manteca Center

      Neighborhood shopping center with high visibility and access.
      1411-1477 W Yosemite Ave, Manteca, CA 95337
      View Details
    • Contact for pricing
      5,100 SF

      Retail Space in Manteca

      Retail property with 5,100 square feet available for rent.
      1191 Canvasback Ln, Manteca, CA 95337
      View Details
    • Contact for pricing

      Union Crossing Retail Power Center

      New retail center in Manteca with highway visibility.
      Highway 120, Manteca, CA 95337
      View Details
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    Manteca, CA 95337
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    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.

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