3120 March LnStockton, CA 95219

Property Details for 3120 March Ln

Year built

2000

Lot size

1.23 AC

Property size (Sq ft)

18,600 SF

Property type

Office properties

Property subtype

Office buildings

APN

118-060-200-000

APU

118060200000

Description

This exceptional office property, located at 3120 W. March Lane in Stockton's premier Brookside Business Park, offers two distinct, available units ranging from 830 to 2,184 square feet. Each space features functional existing improvements, providing immediate occupancy potential for a variety of businesses. The building itself is a two-story structure with an elevator, ensuring convenient access for all tenants. Significant upgrades are planned for the building's exterior and common areas, enhancing the overall aesthetic and appeal. The property boasts a highly convenient location, providing direct access to Interstate 5 via W. March Lane, and multiple access points via W. March Lane and Deer Park Drive. Tenants benefit from the security of an after-hours roaming security service, ensuring peace of mind. A wealth of amenities are within easy reach, including numerous restaurants, retail establishments, banking institutions, and professional services, creating a vibrant and convenient work environment. This is a rare opportunity to secure prime office space in a thriving business district. The multiple tenancy structure offers flexibility for businesses of various sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $3,129,050

  6.5%

  $2,888,354

  7%

  $2,682,043

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,655,708

  Geo Method

  $2,655,708

• Alternative Use

  Use

  Valuation

  Residential

  $3,581,559

  Hospitality

  $3,280,689

  Educational

  $2,729,494

  Medical

  $2,823,366

  Retail

  $4,245,880

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9827

Longitude

-121.351

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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