1107-1129 8Th St Modesto, CA 95354
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.