2145 Sperry Ave Patterson, CA 95363-9503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PAT LI · Patterson, CAPatterson. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.