3121 Benjamin Holt Dr Stockton, CA 95219
- Turn key restaurants
- 9,250 SF
- 1.04 lot acres
Current Use by Public Records
- Alder Market & Catering / Restaurant Supply Store
- Yogi korean bbq / Korean Restaurant
Property Details for 3121 Benjamin Holt Dr
- Year built
- 1980
- Lot size
- 1.04 lot acres
- Property size
- 9,250 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- 100-170-080-000
- APU
- 100170080000
Description
This thriving, 11,300 square foot Korean BBQ restaurant in Stockton, CA, is for sale for $3,600,000 ($318.58/sq ft). Built in 1980 and recently remodeled, the property boasts a beautiful ambiance and diverse menu, contributing to its popularity. The interior features two separate kitchens and a 40-foot retractable Korean BBQ tube hood, reflecting recent upgrades to the equipment. The sale includes a Type 47 hard liquor license, ensuring a comprehensive operational setup. Accessibility is ensured with an ADA-compliant restroom. The building's prime location on W Benjamin Holt Dr in San Joaquin County (zip code 95219) offers excellent visibility from Interstate 5 and ample parking for patrons. Pylon sign rights are also available, enhancing marketing opportunities. This represents a unique opportunity to acquire an established and successful restaurant in a growing market segment. The property's strong performance and desirable features make it an attractive investment for owner-users seeking a turnkey operation within a rapidly expanding niche of the US restaurant industry.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $985,000
- 6.5%
- $920,000
- 7%
- $950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,030,000
- Geo Method
- $1,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $860,000
- Retail
- $950,000
- Mixed-Use
- $925,000
- Hospitality
- $1,000,000
- Educational
- $940,000
- Residential Income
- $790,000
- Energy
- $935,000
- Income-Based Land
- $930,000
- Food Service
- $1,000,000
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.353
- Latitude
- 38.0057
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA