1619 Sycamore Ave, Atwater, CA 95301-3945
- Commercial land
- 2.40 lot acres
Current Use by Public Records
- Krispy Krunchy Chicken / Restaurant
- 76 / Gas Station
- Circle K / Grocery & Convenience Store
- La Guanaquita Pupusas / Restaurant
Property Details for 1619 Sycamore Ave
- Lot size
- 2.40 lot acres
- Property type
- Commercial land
- APN
- 001-146-013-000
- APU
- 1146013000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 20, 2022 | $850,000 | Jatinder Bir Singh Randhawa | Robert W Riechel | Grant Deed | $250k · Rwr Trust |
| May 20, 2022 | — | Ajmer Singh Randhawa | Harleen Kaur Randhawa | Intrafamily Transfer · related | — |
| Oct 31, 2017 | — | Rwr Trust | Rwr Trust | Quit Claim Deed · related | $75k · Mieth Horst 2004 Trust (pt) |
| Nov 19, 2015 | $284,500 | Strohm Apartments LLC | De Martinis,mary | Grant Deed | — |
| May 12, 2015 | $2,030,000 | Strohm Apartments LLC | Central Valley Gas Stns Atwate | Grant Deed | — |
| Mar 4, 2015 | — | Rwr Trust | City Of Atwater | Quit Claim Deed | — |
| Jun 28, 2007 | — | Rwr Trust | Riechel,robert W | Grant Deed · related | — |
| — | — | Rwr Trust | — | Deed Of Trust · related | $15k · Eric & Fleurette Janigian |
| — | — | Robert W Riechel | — | Deed Of Trust · related | $450k · J&k Restaurants INC |
Description
This exceptional investment opportunity presents a fully entitled and approved self-storage development in Atwater, CA. Situated on ±2.89 acres at 1619 Sycamore Ave (APN 001-146-013, 001-146-017), this project boasts a total of 757 units within approximately 90,124 square feet of building space. The development plan includes two buildings: a single-story structure of approximately 111,638 square feet and a two-story structure of approximately 78,486 square feet. A significant portion (approximately 76%) of the units are climate-controlled, catering to a wide range of storage needs. The property is zoned BP (Business Park) and benefits from a Conditional Use Permit issued in March 2023, along with an exempt CEQA status. This turnkey project offers immediate development potential, capitalizing on the high demand for self-storage in the area. The asking price is $2,900,000. This prime location in Merced County, with its convenient access and strong market fundamentals, makes this an attractive investment for owner-users or developers seeking a high-return opportunity. The average unit size is 79.94 sq ft (climate-controlled) and 194.61 sq ft (non-climate controlled). All necessary approvals are in place, making this a truly exceptional opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $685,000
- ML approach
- $675,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Atwater
- County
- Merced
- State
- California
- Longitude
- -120.615
- Latitude
- 37.3466
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
