Technical
Financial
Distress signals
Property profile

1032 11th St Modesto, CA 95354

OFF-MARKET
Retail space
Property ID
US09-0319929
11,500 SF 0.37 ac lot Built 1955
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 11,500 square foot commercial building in Modesto, California, presents a compelling investment opportunity for both owner-users and investors. Situated on a 0.37-acre lot at 1032 11th Street, this prime downtown location offers unparalleled visibility and accessibility. The property boasts 24 tandem parking spaces conveniently located across from City Hall and a municipal parking garage, ensuring ample parking for tenants and patrons. Its strategic position places it within easy walking distance of a variety of amenities, including local restaurants, banks, a hair salon, a boutique, the courthouse, and the Gallo Center for the Arts. Public transportation is also readily available, with a bus depot just two blocks away. The building itself comprises three distinct spaces: two office suites totaling 6,579 and 1,786 square feet (currently combined), and a 3,000 square foot retail/bar/restaurant space (without a kitchen) currently under lease. This versatile configuration allows for a multitude of uses, catering to a diverse range of businesses. The motivated seller is eager to finalize a sale, making this an attractive proposition for discerning buyers seeking a strong return on investment in a thriving downtown area. The property's size, location, and existing lease provide a solid foundation for future growth and profitability.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TILT-UP CONCRETE
Total area 11,500 SF
Lot 0.37 ac (16,117 SF)
APN 105-027-010-000
UPID US09-0319929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

1032 11th St Modesto, CA 95354-0808
Modesto metro Census 1800 MODESTO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.75M
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.35M

Owner & transaction history

since 2025
3 recorded transactions
2025
$1.4M
2002
$1.3M
1990
$66,672

Zoning & alternative use

Top alternative use upside
Medical building $3.7M +132.5%
Apartment house (5+ units) $3.4M +108.7%
Restaurant $3.4M +108.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1032 11th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message