3702 Hammer LnStockton, CA 95212

  • Retail properties
  • 126,108 SF
For Lease

Property Details for 3702 Hammer Ln

Year built
1991
Construction
TILT-UP CONCRETE
Lot size
12.43 AC
Property size (Sq ft)
126,108 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
130-020-100-000
APU
130020100000

Description

This exceptional 127,645 square foot shopping center, situated at 3702 E. Hammer Lane in Stockton, California (zip code 95212), presents a prime retail investment opportunity. Located in San Joaquin County, the property boasts a highly visible position at the southeast corner of Hammer Lane and Holman Road, a major thoroughfare providing easy access to Highway 99. The center benefits from excellent visibility and ample parking, enhanced by its strategic location on a signalized intersection. Currently, 14,075 square feet of retail space is available for lease, representing a significant opportunity for expansion or new tenancy. The existing tenant mix includes prominent national retailers, such as Ross and Burlington Coat Factory, ensuring a strong anchor presence and high foot traffic. Pylon signage opportunities are available for increased brand visibility. This multi-tenant shopping center offers a compelling combination of location, visibility, and existing tenant strength, making it an ideal investment for discerning buyers seeking a high-return retail property in a thriving market. The property's total building size is 127,645 square feet. This location offers exceptional access and visibility for businesses seeking to establish or expand their presence in the Stockton area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,185,990
    6.5%
    $28,787,068
    7%
    $26,730,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $45,374,364
    Geo Method
    $45,374,364
  • Alternative Use

    Use
    Valuation
    Residential
    $24,282,970
    Hospitality
    $22,243,070
    Educational
    $18,505,972
    Medical
    $19,142,422
    Retail
    $28,787,068
3702 Hammer Ln, Stockton, California
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Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
38.019
Longitude
-121.269
CBSA code
44700
CBSA name
STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$173,138
$7,230,318
$6,811,768
$14,042,086
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