2402 Wilson WayStockton, CA 95205

Property Details for 2402 Wilson Way

Year built

1956

Lot size

0.19 AC

Property size (Sq ft)

5,100 SF

Zone code

80

Property type

Retail properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,261,209

  6.5%

  $1,164,193

  7%

  $1,081,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,835,008

  Geo Method

  $1,835,008

• Alternative Use

  Use

  Valuation

  Residential

  $982,040

  Hospitality

  $899,544

  Educational

  $748,410

  Medical

  $774,149

  Retail

  $1,164,193

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9807

Longitude

-121.272

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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