1025 14th St Modesto, CA 95354-1001
- Office properties & Spaces
- 2,937 SF
- 0.16 lot acres
Current Use by Public Records
- Provident Care Home Care / Home Health Care Service
- Ross W Lee Pro Law Corporation / Law Firm
- Healing Nations / Child Welfare Organization / Charitable Organization
Property Details for 1025 14th St
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 2,937 SF
- Property type
- Office properties & Spaces
- APN
- 105-016-002-000
- APU
- 105016002000
Description
This exceptional 2,937 square foot office building, located at 1025 14th Street in the heart of downtown Modesto, California, presents a unique opportunity for businesses seeking a prestigious and functional workspace. The property sits on a 0.16-acre lot and is priced at $795,000. Recently upgraded and remodeled, the building boasts impressive architectural features and high-quality construction. The interior layout is thoughtfully designed to accommodate a variety of business needs, featuring five private offices, a spacious conference room perfect for client meetings or team collaborations, and a large administrative reception area with ample workspace. Additional staff or flexible workspace is provided by a bullpen area. Convenient amenities include a restroom, copy and storage room, a dedicated server and storage closet, and a comfortable break room. The property also includes a private courtyard, offering a tranquil outdoor space, and seven dedicated parking stalls, a significant advantage in a bustling downtown location. Its central downtown location provides easy access to a variety of restaurants and convenient freeway access, enhancing both employee and client convenience. This property is ready for immediate occupancy and represents an excellent investment opportunity.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $685,000
- 6.5%
- $630,000
- 7%
- $585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $852,000
- AI Estimate
- $772,000
Market price range: $432k - $1.09MMarket price range: $331k - $1.05M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $770,000 Current use
- AUTO REPAIR, GARAGE
- $1,210,000 Change: +58% Conversion: Difficult
- MEDICAL BUILDING
- $955,000 Change: +25% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $670,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -120.998
- Latitude
- 37.6439
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA