1800 Prescott Rd Modesto, CA 95350
Property Lookup
Property profile & analytics
1800 Prescott Rd Modesto, CA 95350
- Super regional malls
- 5,600 SF
- 0.53 lot acres
Property ID
US09-2274270
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
- California Check Cashing Stores / Bank / Credit Union
- Taco Bell / Restaurant / Take-out & Catering
- McDonald's / Restaurant / Take-out & Catering
- Bottoms Up Espresso / Cafe & Coffee Shop / Bar & Pub
- La Michoacana Premium / Grocery & Convenience Store / Specialty Food Shop
Property Details for 1800 Prescott Rd
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.53 lot acres
- Property size
- 5,600 SF
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 060-022-009-000
- APU
- 60022009000
Description
Briggsmore Plaza, a 53,079 square foot, Class B shopping center in Modesto, CA, presents a compelling investment opportunity. This 100% occupied, multi-tenant property boasts a 7.15% cap rate and a strong NOI of $513,574. The property features three tenants, including In-Shape Family Fitness, with leases extending to December 31, 2030, offering a remaining term of 6.1 years. Built in 1974 and renovated in 2018, the single-story building sits on a 5.06-acre lot zoned P-D (Planned Development). The property benefits from a high-traffic location with daily counts exceeding 50,000 vehicles on Briggsmore Avenue and 24,000 on Prescott Road, enhanced by a signalized intersection with eight points of access. The strong demographics include a 5-mile population density of 224,319 with an average household income of $109,455. Two pylon signs provide excellent visibility. The asking price is $7,185,000, translating to $135.36 per square foot. Lease details, including rent bumps and three 5-year lease options, are available in the brochure. This is a Net Lease (NNN) investment with a lease commencement date of January 21, 2005. The property's location is 1800 Prescott Road, Modesto, CA 95350, within a retail corridor near Highway 99 and other established shopping centers.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,280,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,640,000 Change: +28% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,350,000 Change: +6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -121.029
- Latitude
- 37.6719
- 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
$11,397
$376,810
$628,023
$1,004,833
-
$0.00
$0.00
$0.00
