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    2211 Rockefeller Dr Ceres, CA 95307-7202
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    Property profile & analytics

    2211 Rockefeller Dr Ceres, CA 95307-7202


    • Warehouses
    • 6,000 SF
    • 0.53 lot acres
    Off-Market
    Last Sale Apr 8, 2024
    Property ID
    US09-1571767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gerber Collision & Glass / Auto Repair Shop

    Property Details for 2211 Rockefeller Dr

    Year built
    2002
    Construction
    STEEL FRAME
    Lot size
    0.53 lot acres
    Property size
    6,000 SF
    Property type
    Warehouses
    APN
    040-089-011-000
    APU
    40089011000

    Description

    This 7,500 square foot auto shop in Ceres, CA, presents a compelling investment opportunity. Located on Rockefeller Drive, adjacent to the heavily trafficked Highway 99 (approx. 104,700 vehicles daily), this property benefits from high visibility and accessibility. The building, constructed in 2002, is currently leased to Gerber Collision & Glass, the nation's second-largest MSO, under a new 5-year lease with 20 years of options. Gerber's significant capital expenditures upgrading the facility underscore their long-term commitment. The property boasts a strong 6.75% cap rate and a net operating income (NOI) of $102,000, with an asking price of $1,511,111 ($201/sq ft). Situated in a thriving area with a population exceeding 180,000 and an average household income of $93,182 within a 5-mile radius, this location offers exceptional stability and growth potential. The previous owner successfully operated the business for 22 years before selling to Gerber, further demonstrating the site's proven success. This investment offers a blend of strong current income and significant long-term upside potential, anchored by a national, publicly traded tenant. The property is approximately 4 miles from Downtown Modesto, providing easy access to a larger urban center.


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    Location Insight

    • Map
    • Local Demand
    City
    Ceres
    County
    Stanislaus
    State
    California
    Longitude
    -120.971
    Latitude
    37.5976
    CBSA code
    33700
    CBSA name
    MODESTO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,342
    $127,767
    $528,180
    $655,947
    -
    $0.00
    $0.00
    $0.00
    More about this property
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