Property profile

146 N Golden State Blvd Turlock, CA 95380

FOR SALE
Retail space
Property ID
US09-2397228
11,175 SF 0.2 ac lot Built 1920
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This historic two-story building, located at 146 N Golden State Blvd in Turlock, CA (95380), presents a unique redevelopment opportunity. The 12,000 square foot property, zoned for downtown core use, is currently vacant and offers a versatile layout suitable for a mixed-use development. The building's 11,175 square foot footprint sits on a prime corner lot with high traffic counts, maximizing visibility and accessibility. Previous owners invested over $380,000 in crucial infrastructure improvements, including a new roof, fire sprinklers, electrical system upgrades, and a new fire hydrant. The existing design incorporates space for both restaurant and office uses on both floors, making it ideal for a variety of concepts. The property's location in the heart of downtown Turlock provides easy access to local amenities and businesses. A potential addition of a parking structure is also feasible, addressing a current need in the downtown area. The asking price is $899,679 ($74.97/sq ft). This property is perfect for investors seeking a high-return mixed-use project in a thriving California city. Plans for various uses, including restaurant, bar, office, hotel, and apartments, are available.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction TILT-UP CONCRETE
Total area 11,175 SF
Lot 0.2 ac (8,712 SF)
APN 061-018-024-000
UPID US09-2397228

Cap rate & NOI

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

Location

146 N Golden State Blvd Turlock, CA 95380
Turlock metro Census 3904 MODESTO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
$843k
Blend (final) Blend
$505k

Owner & transaction history

since 2023
Last sale
$800,000
7 recorded transactions
2023
$800,000
2016
$270,000
2016
$821,348
2013
$350,000
2006
Price N/A
2005
$216,500
1969
Price N/A

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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