1107-1129 8Th St Modesto, CA 95354
- Warehouses
- 15,250 SF
- 1.19 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1107-1129 8Th St
- Lot size
- 1.19 lot acres
- Property size
- 15,250 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -121.004
- Latitude
- 37.6402
