2000 Jetlift Dr Atwater, CA 95301
- Commercial real estate
- 1.66 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2000 Jetlift Dr
- Lot size
- 1.66 lot acres
- Property type
- Commercial real estate
- APN
- 051-010-021-000
- APU
- 51010021000
Description
This exceptional 1,000 square foot industrial property, situated on a generous 1.66-acre lot in Atwater, California, presents a compelling investment opportunity. Located conveniently on the Atwater Airforce Base, this property boasts significant improvements, enhancing its functionality and appeal. A fully fenced perimeter ensures security, while dual rolling access gates provide convenient entry and exit. Further enhancing its practicality is a temporary office space with approved occupancy, offering immediate usability. Ample parking is available, including designated handicap spaces, and a well-maintained driveway ensures easy access. Essential utilities are already in place, including water, power, sewer, and internet connectivity, eliminating the need for costly infrastructure upgrades. This turnkey property is ready for immediate occupancy and offers significant potential for a variety of industrial uses. The strategic location on the Atwater Airforce Base provides excellent access to transportation networks and a skilled workforce. This is a rare opportunity to acquire a fully improved industrial property in a desirable location, offering both immediate usability and long-term growth potential. The combination of size, location, and existing improvements makes this property an exceptional value.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $465,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $575,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $415,000
- Mixed-Use
- $425,000
- Hospitality
- $560,000
- Educational
- $425,000
- Residential Income
- $500,000
- Energy
- $490,000
- Income-Based Land
- $510,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Atwater
- County
- Merced
- State
- California
- Longitude
- -120.569
- Latitude
- 37.3613
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA