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    29 E March Ln Stockton, CA 95207

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    29 E March Ln Stockton, CA 95207


    • Parking lots & garages
    • 0.83 lot acres
    Vacant Retail Building on Corner For Sale
    $4,845,000
    13,905 SF

    Vacant Retail Building on Corner

    13,900 SF vacant building on highly trafficked corner.

    29 E March Ln, Stockton, CA 95207
    View Listing
    Property ID
    US09-1496884
    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

    • Maria Jocelyn G. Gayagoy, BS / Pharmacy
    • CSL PLASMA / Medical Clinic
    • Christine Chan / Pharmacy

    Property Details for 29 E March Ln

    Lot size
    0.83 lot acres
    Zone code
    C2
    Property type
    Parking lots & garages
    APN
    102-130-150-000
    APU
    102130150000

    Description

    This exceptional investment opportunity presents a 13,903 square foot, single-tenant net-leased retail property located at 29 E March Ln, Stockton, CA 95207. The property, built in 1998 and extensively renovated in 2021, is currently 100% occupied by CSL Plasma, a subsidiary of CSL Behring, under a corporate-guaranteed lease with 11.5 years remaining until the initial term expires on January 1st, 2036. The lease features two 5-year renewal options and includes 10% rent increases every five years throughout the initial term, followed by increases to fair market value at the start of each option period. The current asking price is $5,305,376, representing a 6.25% cap rate and a price per square foot of $381.60. The property boasts a strong NOI of $331,586. Landlord responsibilities are limited to roof, structure, exterior utilities, and parking lot maintenance. The 1.56-acre lot includes 65 parking spaces and is situated on a signalized, hard corner intersection with excellent visibility and high traffic counts (61,900 vehicles daily). The property benefits from its location in a dense retail corridor near major shopping centers and universities, providing a substantial consumer base and strong demographics within a 5-mile radius. The 2021 renovation included a new TPO membrane roof with a 20-year manufacturer's warranty and replacement of all HVAC units. The tenant has invested over $2 million in build-out, minimizing future expense leakage for the investor. The property is zoned GC - General Commercial and features a large monument sign. This is an ideal, low-management investment opportunity with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,585,000
      ML approach
      $4,185,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.305
    Latitude
    37.9971
    CBSA code
    44700
    CBSA name
    STOCKTON, 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
    $12,548
    $814,559
    $204,405
    $1,018,964
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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