2402 Wilson Way Stockton, CA 95205
- Retail space
- 5,100 SF
- 0.19 lot acres
Current Use by Public Records
- Retail space
Property Details for 2402 Wilson Way
- Year built
- 1956
- Lot size
- 0.19 lot acres
- Property size
- 5,100 SF
- Zone code
- 80
- Property type
- Retail space
- APN
- 117-060-400-000
- APU
- 117060400000
Description
This exceptional 5,100-square-foot commercial building at 2402 N Wilson Way, Stockton, CA 95205, presents a compelling investment opportunity for owner-users and investors. Currently vacant, this single-story, 1956-built structure (renovated in 1995) sits on a commercially zoned lot and offers 5,000 square feet of net rentable space, priced at $126.47 per square foot. The property includes six parking spaces and boasts high visibility and accessibility due to its location on a busy street with direct access to Highway 99. The building's layout allows for flexible use, potentially divisible into two separate units. Previous uses included a storefront, smokeshop, and tire shop, suggesting diverse business possibilities. The property's APN is 117-060-40. This prime location offers unparalleled potential for business growth and success in the thriving Stockton commercial market. The building's single-story design and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-located, versatile commercial property in a high-traffic area. The property's history suggests a variety of potential uses, making it an ideal investment for a wide range of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $290,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $360,000
- Mixed-Use
- $310,000
- Hospitality
- $315,000
- Educational
- $310,000
- Residential Income
- $370,000
- Energy
- $350,000
- Income-Based Land
- $300,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.272
- Latitude
- 37.9807
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA