338 Main St Ripon, CA 95366-2902
Property Lookup
Property profile & analytics
338 Main St Ripon, CA 95366-2902
- Drive through restaurants
- 3,914 SF
- 0.29 lot acres
Property ID
US09-1239962
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.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 338 Main St
- Lot size
- 0.29 lot acres
- Property size
- 3,914 SF
- Property type
- Drive through restaurants
- APN
- 261-150-520-000
- APU
- 261150520000
Description
This exceptional investment opportunity presents a 1,550-square-foot Starbucks drive-thru located at 338 E Main Street, Ripon, CA. Built in 2018, this property sits on a 0.36-acre lot and boasts a highly desirable location, fronting State Highway 99 with an average daily traffic count exceeding 119,000 vehicles. Easy freeway access ensures high visibility and convenient customer access. The property features a prominent 65-foot pylon sign and ample parking for ten cars. The current tenant, Starbucks, enjoys a strong financial position, with a robust lease in place. This lease includes a ten-year initial term plus four five-year options, each with a 10% rent increase upon exercise. The surrounding area demonstrates affluent demographics, with an average annual household income exceeding $115,000 within a three-mile radius. Furthermore, the property benefits from its proximity to various amenities, including private and public schools, government offices, Mistlin Sports Park, and Spring Creek Golf and Country Club. Ripon's strategic location provides easy access to major California freeways, with the San Francisco Bay Area 80 miles west and Sacramento 60 miles north. Stockton, home to the University of the Pacific, Stockton Metropolitan Airport, and the Port of Stockton, is conveniently located just 10 miles to the north. This property offers a compelling combination of a strong tenant, prime location, and a lucrative lease structure, making it an ideal addition to any investment portfolio. The asking price is $2,870,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,445,000
- ML approach
- $2,380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,813,000
Market price range: $380k - $1.81M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ripon
- County
- San Joaquin
- State
- California
- Longitude
- -121.119
- Latitude
- 37.7391
- 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
$30,634
$420,548
$2,454,139
$2,874,687
-
$0.00
$0.00
$0.00
