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Property profile & analytics
OFF-MARKET
Industrial land

2145 Sperry Ave Patterson, CA 95363-9503

0.58 ac lot
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-4539764
Property summary
AI-generated overview

This exceptional 0.58-acre parcel, located at 2145 Sperry Avenue in Patterson, California (APN 021-094-004-000), presents a unique investment opportunity. Zoned for commercial use, this shovel-ready land is ideally suited for immediate development. The property has already received approval for a 4,500 square foot restaurant with a drive-thru, capitalizing on the high traffic volume and excellent visibility from Sperry Avenue. Its strategic location on the morning commute side of the main thoroughfare connecting Patterson to Interstate 5 and the Bay Area ensures a consistent flow of potential customers. The property's adjacency to a new Popeye's Restaurant under construction by Pilot Flying J further enhances its appeal and potential for success. Offered at $700,000, this property is perfect for a 1031 exchange and represents a compelling chance to establish a thriving business in a high-growth area. The property is privately owned and ready for immediate development. Don't miss this chance to secure a prime location in a rapidly developing market.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.58 ac (25,264 SF)
Zoning code PAT LI
APN 021-094-004-000
UPID US09-4539764
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bachitar Singh · 3 yrs held
Bachitar Singh
since 2023
Last sale
$430,000
2 recorded transactions
2023
$430,000
2023
Price N/A
Zoning & alternative use
PAT LI · Patterson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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