Technical
Financial
Distress signals
Property profile

2000 Mchenry Ave Modesto, CA 95350

OFF-MARKET
Auto shops
Property ID
US09-1901046
1,787 SF 0.42 ac lot Built 1966
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,787 square foot retail pad site, located at 2000 McHenry Avenue in Modesto, California (95350), presents a compelling redevelopment opportunity. Situated on a 0.4-acre lot (APN 120-46-51) at the signalized hard corner of McHenry and Tokay Avenues, just north of Briggsmore, this property benefits from excellent visibility and accessibility. The site is currently vacant, with a prior tenant, Modesto Auto, having a lease expiring November 2, 2023. The property features four points of ingress/egress and reciprocal access with an adjacent shopping center. This prime location boasts strong surrounding retail, including Safeway, Sprouts, Burlington, CVS, Rite Aid, McDonald's, and numerous other businesses. The property is zoned for commercial use and offers a unique chance to capitalize on a high-traffic retail corridor. The single-story, 1972-built structure presents a blank canvas for a new development, while the existing short-term lease allows for potential income generation during the planning and permitting phases. This fee simple ownership opportunity is ideal for investors seeking a high-impact redevelopment project in a thriving Modesto retail area. The property's location and existing infrastructure provide a solid foundation for a variety of retail uses.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Construction STEEL FRAME
Total area 1,787 SF
Lot 0.42 ac (18,295 SF)
APN 120-046-051-000
UPID US09-1901046

Cap rate & NOI

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

Location

2000 Mchenry Ave Modesto, CA 95350-3212
Modesto metro Census 909 MODESTO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2024
$875,000
2006
Price N/A
2006
Price N/A
2001
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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