1117 Lone Palm Ave Modesto, CA 95351-1531
- Warehouses
- 5,600 SF
- 0.47 lot acres
Oct 24, 2022
Current Use by Public Records
- ATC Associates Inc. / Environmental Health Service / Transportation Infrastructure
- Atlas Technical Consultants / Engineering Consultant
Property Details for 1117 Lone Palm Ave
- Year built
- 1979
- Lot size
- 0.47 lot acres
- Property size
- 5,600 SF
- Zone code
- COU M
- Property type
- Warehouses
- APN
- 029-011-076-000
- APU
- 29011076000
Description
This exceptional 5,600 square foot multi-tenant office building, situated at 1117 Lone Palm Ave in Modesto, California (zip code 95351), presents a compelling investment opportunity. Built in 1979, this property boasts two units within the Emerald Industrial Park, offering convenient access to CA-99 and CA-132 freeways. The building sits on a 0.47-acre lot (APN: 029-011-076) and is zoned for industrial use. Currently, a portion of the building is leased, with approximately 2,885 square feet available for lease at a modified gross rate of $1.40 per square foot. The property features ample on-site, uncovered parking and a prominent street sign. Inside, you'll find desirable amenities including a reception area, conference room, private and public restrooms, a showroom, and extra storage space. The building is equipped with 220-volt electrical service. This is a rare opportunity to acquire a well-located, multi-tenant office building with significant upside potential in a thriving area. The property's features and location make it ideal for a variety of businesses.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -121.024
- Latitude
- 37.651
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA
