1501 Jack Tone RdRipon, CA 95366

  • Industrial properties
  • 19.24 AC
For Sale
$3,099,999 View listing

Property Details for 1501 Jack Tone Rd

Lot size
19.24 AC
Property type
Industrial properties
Property subtype
Truck terminals
APN
228-110-17
APU
22811017

Description

This exceptional investment opportunity presents a 107-room IHG dual-brand hotel in Ripon, California. The property features 51 Candlewood Suites units, ideal for extended stays, and 56 Avid Hotel rooms catering to everyday travelers. Strategically located off Highway 99, adjacent to high-traffic Pilot Flying J and Love's Travel Centers, this four-story hotel benefits from excellent visibility and accessibility. Situated on a 2.1-acre lot (APN 22811026), the hotel is zoned for Highway Commercial use and enjoys a prime location in a rapidly growing area with limited hospitality competition. The property is fully entitled and permitted, representing a turnkey investment opportunity. The hotel's design incorporates fully equipped kitchenettes in the Candlewood Suites and contemporary accommodations in the Avid Hotel. Its proximity to Mistlin Sports Park further enhances its appeal. The Manteca/Ripon market demonstrates a history of high Average Daily Rate (ADR), making this a compelling investment prospect. This is a shovel-ready project with significant potential for strong returns. The asking price is $3,099,999.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $161,380,800
    Hospitality
    $147,823,952
    Educational
    $122,987,792
    Medical
    $127,217,528
    Retail
    $191,314,336
1501 Jack Tone Rd, Ripon, California
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Location Insight

City
Ripon
County
San Joaquin
State
California
Latitude
37.7557
Longitude
-121.144
CBSA code
44700
CBSA name
STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2015
$93,609
$3,198,000
$5,213,840
$8,411,840
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