1400 Glenwood Ave Turlock, CA 95380-5747
Property profile & analytics
1400 Glenwood Ave, Turlock, CA 95380-5747
- Industrial properties
- 840 SF
- 1.12 lot acres
Property ID
US09-0370907
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Orozco Pallets / Freight Service / Logistics Company
Property Details for 1400 Glenwood Ave
- Year built
- 1975
- Construction
- STEEL FRAME
- Lot size
- 1.12 lot acres
- Property type
- Industrial properties
- APN
- 050-010-054-000
- APU
- 50010054000
Description
This 2,300 sq ft warehouse in Turlock, CA, presents a compelling owner-user opportunity. Located at 1400 W Glenwood Ave, this single-story, 1975-built building sits on a 1.12-acre lot (APN 050-010-054-000) and boasts recent renovations completed 3 months ago, including new asphalt paving and three new electrical posts. The property includes an adjacent parcel adding nearly 7,200 sq ft. Currently 100% occupied with a modified lease expiring August 31, 2024, at $5,500/month, the potential rental income is $7,500/month. The current NOI is $60,000, with a pro-forma NOI of $84,000, resulting in a 6.32% cap rate and a pro-forma cap rate of 8.84%. The property is zoned for industrial use (C1 and C2) and has city and fire department permits in effect until 2025. The manufacturing business license is also renewable. $280,000 in upgrades were recently completed. Buyer to verify zoning and permits. This move-in ready property offers significant upside potential for an industrial business. The asking price is $950,000, with a price per square foot of $413.04. Pavement grading is awaiting final public works review.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Turlock
- County
- Stanislaus
- State
- California
- Longitude
- -120.862
- Latitude
- 37.4793
- CBSA code
- 33700
- CBSA name
- MODESTO, 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
2024
$4,838
$362,401
$74,814
$437,215
-
$0.00
$0.00
$0.00
