103 Mchenry AveModesto, CA 95354
- Office properties
- 3,982 SF
Property Details for 103 Mchenry Ave
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 3,982 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 110-008-045-000
- APU
- 110008045000
Description
This 450-square-foot single-tenant office space at 103 McHenry Ave, Modesto, CA 95354, is perfectly situated in Stanislaus County for maximum visibility. Recently renovated, this traditional office boasts a modern, sleek design with white and black paint and trim. The property features a new roof and HVAC system, ensuring comfort and reliability. Located on a prominent corner, it benefits from high foot and vehicle traffic, both day and night, offering excellent exposure for businesses. Its strategic position between Downtown Modesto and McHenry Avenue provides unparalleled convenience and accessibility. The suite includes a private restroom, heating and air conditioning, and is phone and internet ready, with a pre-wired alarm system. Water and garbage services are included in the lease. This is an exceptional opportunity to establish a business in a highly sought-after Modesto location. The property is classified as Retail, Office, and Special Purpose.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,175,699
- 6.5%
- $1,085,261
- 7%
- $1,007,742
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,110,620
- Geo Method
- $1,110,620
-
Alternative Use
- Use
- Valuation
- Residential
- $1,345,723
- Hospitality
- $1,232,675
- Educational
- $1,025,571
- Medical
- $1,060,842
- Retail
- $1,595,333
Location Insight
- City
- Modesto
- County
- Stanislaus
- State
- California
- Latitude
- 37.6459
- Longitude
- -120.994
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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