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0 Sperry Ave Patterson, CA 95363

OFF-MARKET Land Google Maps
1.07 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 1.07-acre commercial land parcel, located at Parcel 9 within the Delta Marketplace on Sperry Avenue in Patterson, California (zip code 95363), presents a unique opportunity for retail development. The property is zoned for commercial use (APN: 021-098-001) and boasts excellent visibility due to its location across from the Pilot Flying J Travel Center, a major attraction for travelers on Interstate 5. A proposed building plan suggests a 11,914 square foot structure, though the zoning allows for flexibility in development. The site benefits from its position in a rapidly growing area, with access to over 100,000 potential customers, including residents of new housing developments by Lennar Homes and DR Horton. The city of Patterson offers a business-friendly environment and provides essential utilities including water, sewer, and a community storm water system. Verified traffic counts from CalTrans highlight the high volume of traffic in the area. The property's proximity to Interstate 5, and its location as the first city on I-5 from Los Angeles County, provides significant access to a large consumer base. Furthermore, its location is only 75 miles from the Port of Oakland, offering potential logistical advantages. This is an exceptional opportunity to establish a thriving retail business in a dynamic and expanding community.

Property profile

Verified
Property type Land
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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