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Property profile & analytics
OFF-MARKET
Warehouses

1107-1129 8Th St Modesto, CA 95354

15,250 SF 1.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 15,250-square-foot warehouse complex located at 1107-1129 8th Street in Modesto, California (95354). The property, situated on a 1.19-acre lot (APN 104-008-008), is zoned TD Transition Downtown (City of Modesto) and offers significant upside potential. The complex comprises three buildings, currently leased on short-term agreements to a diverse tenant mix. Two buildings are occupied by auto repair shops, while the third serves as a non-profit thrift store and administrative office. This high-traffic location boasts nearly 20,000 average daily traffic counts, providing excellent visibility and accessibility. The property features a gated yard, ensuring security, and benefits from immediate access to CA Highway 99, enhancing logistical efficiency. The asking price is $2,100,000, translating to $170.49 per square foot. This presents a compelling opportunity for investors seeking a strong cash flow and potential for future appreciation, or for owner-users looking to establish a presence in a prime Modesto location. The existing leases offer flexibility for future development and repositioning. This is a rare chance to acquire a well-located, multi-tenant industrial property in a thriving market.

Property profile
Verified
Property type Warehouses
Total area 15,250 SF
Lot 1.19 ac (51,836 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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