Financial
Distress signals
Property profile

1120 Mchenry Ave Modesto, CA 95350

FOR SALE
Retail space
Property ID
US09-1217228
11,380 SF 0.63 ac lot Built 1966
Last sale Aug 2022 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of an 11,380-square-foot commercial building configured as a retail showroom and warehouse space with associated office areas. It is located along McHenry Avenue on a signalized corridor with average daily traffic reported at over 35,000 vehicles. The building features high ceilings, state-of-the-art LED lighting, a loading dock, and a sprinkler system throughout, along with modern interior finishes. An adjacent 0.18-acre lot is included, providing additional land area for potential use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$1.98M
Assessed land$369k
Assessed improvement$1.61M
Effective rate1.14%

Value estimate

· Sep 2026
$1.86M
$1.67M – $2.05M
AI approach$1.43M
CAP approach$2.72M
Submarket $/SF estimate$2.83M
NOI build-up
Gross scheduled income$300k
Vacancy & credit loss−$45k
Operating expenses−$64k
NOI · 7.23% cap applied$192k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$71 – $286

Cap rate analysis

How does the asset earn?
7.23%
$192k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSTANISLAUS

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service14.8
Parking Facility14.1
Kitchen & Bath12.1

Location

1120 Mchenry Ave Modesto, CA 95350
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1700 Mchenry, Modesto, CA 95350-4373 $875,000 Sep 2023 7,500 SF
1560 Mchenry, Modesto, CA 95350-4542 $2,500,000 Sep 2023 7,998 SF
1544 Standiford, Modesto, CA 95350-0568 $320,000 Aug 2023 8,956 SF
3100 Mchenry, Modesto, CA 95350-1440 $4,500,000 Feb 2023 16,122 SF
901 Mchenry, Modesto, CA 95350-5416 $300,000 May 2022 6,860 SF
1101 Mchenry, Modesto, CA 95350-5439 $550,000 Dec 2020 13,372 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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