421 Maze Blvd Modesto, CA 95351
- Turn key restaurants
- 2,080 SF
- 0.32 lot acres
Current Use by Public Records
- Taylor’s Smokehouse(Formerly Doc’s Q’in Pit Stop) / Barbecue Restaurant
Property Details for 421 Maze Blvd
- Year built
- 1947
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.32 lot acres
- Property size
- 2,080 SF
- Property type
- Turn key restaurants
- APN
- 030-028-003-000
- APU
- 30028003000
Description
This exceptional investment opportunity presents a thriving restaurant located at 421 Maze Boulevard, Modesto, CA. The property boasts a spacious 2,080 square foot building situated on a 0.33-acre lot, providing ample space for operations and customer parking. With approximately 30 parking spaces available, customer convenience is ensured. The building's strategic location, less than 0.7 miles from California State Route 99, guarantees high visibility and accessibility for a diverse clientele. The restaurant itself offers a casual, cozy, and trendy atmosphere, attracting a broad range of customers, including college students, groups, and tourists. The menu features popular comfort food options such as BBQ, soul food, and fried fish, catering to a wide variety of tastes. The property is fully equipped to accommodate customers with disabilities, featuring wheelchair-accessible entrances, parking, and seating areas. This well-established eatery enjoys a strong reputation within the community and presents a significant opportunity for continued success and growth in a prime Modesto location. The total lot size is 14,345 square feet. The asking price for this turnkey operation is $650,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $265,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $325,000
- Mixed-Use
- $320,000
- Hospitality
- $310,000
- Educational
- $320,000
- Residential Income
- $305,000
- Energy
- $250,000
- Income-Based Land
- $300,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -121.013
- Latitude
- 37.6384
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA