1524 Richland Ave Ceres, CA 95307-4316
Property profile & analytics
1524 Richland Ave, Ceres, CA 95307-4316
- Medical Office Space
- 3,873 SF
- 0.42 lot acres
Property ID
US10-3224035
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
- Medical Office Space
Property Details for 1524 Richland Ave
- Year built
- 2017
- Construction
- WOOD
- Lot size
- 0.42 lot acres
- Zone code
- PC
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 040-086-085-000
- APU
- 40086085000
Description
This exceptional investment opportunity presents a ±3,873 square foot free-standing commercial building in Ceres, CA, leased to Western Dental under a corporate-guaranteed Net Lease. Built in 2018, the property boasts 100% occupancy and benefits from a strong location at the signalized intersection of Hatch Road and Richland Avenue, enjoying high visibility and traffic counts exceeding 36,700 ADT. The lease features a 6.00% cap rate and includes four 5-year options with 10% rent bumps. The tenant, Western Dental, is a significant national brand with over 560 locations across 20 states, providing exceptional financial stability and security. The 0.42-acre lot houses a building ideally suited for its current use as a medical office, gas station, or QSR/fast food establishment. The lease expires April 30, 2028, offering a substantial holding period for investors. This is a rare opportunity to acquire a stable, high-performing net-leased asset with significant upside potential. The property's modern construction and prime location ensure long-term value and consistent cash flow. The asking price is $1,835,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Ceres
- County
- Stanislaus
- State
- California
- Longitude
- -120.966
- Latitude
- 37.6085
- 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
$9,646
$191,722
$649,486
$841,208
-
$0.00
$0.00
$0.00
