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Property profile & analytics
FOR SALE
Industrial land

2151 Sperry Ave Patterson, CA 95363

1.9 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US09-3865919
Property summary
AI-generated overview

This exceptional 1.9-acre parcel, located at 2151 Sperry Avenue in Patterson, California (APN 021-094-002-000), presents a compelling investment opportunity. Zoned IBP, this land is situated within the Westridge Business Park, a thriving hub in the heart of Patterson's industrial sector. The property boasts high visibility and exceptional access, situated near the popular Pilot Flying J and the soon-to-open Popeyes Chicken, ensuring high traffic counts. The land offers significant development potential, benefiting from Patterson's robust economic growth and pro-business environment. The city's strategic location near Interstate 5 and its planned northwest annexation further enhance the property's long-term value. Westridge Business Park offers competitive advantages, including some of the lowest fees in the area, readily available stormwater connections, and a proven high traffic count on Sperry Avenue, ideal for commuters. The asking price is $1,300,000, translating to $21.75 per square foot. This property is ideally suited for 1031 exchange transactions. This is a rare opportunity to acquire a strategically located parcel in a rapidly expanding city, offering significant returns for discerning investors.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.9 ac (82,764 SF)
Zoning code PAT LI
APN 021-094-002-000
UPID US09-3865919
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
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Owner & transaction history
SUBODH PATEL
SUBODH PATEL
Zoning & alternative use
PAT LI · Patterson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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