Property profile

340 Olive Ave Turlock, CA 95380

OFF-MARKET
Office Spaces
Property ID
US09-3771487
1,744 SF 0.13 ac lot Built 1948
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,681 square foot freestanding commercial office building is located in a highly desirable downtown Turlock location, providing excellent visibility and accessibility. The property features a welcoming reception area, perfect for creating a strong first impression. Multiple spacious, private offices offer a productive work environment for employees. A well-equipped kitchen area provides ample space for a comfortable breakroom. Two ADA-compliant restrooms ensure accessibility for all. The building sits on a 0.13-acre lot and includes a dedicated parking lot behind the building, offering convenience for staff and clients. Parking consists of one handicapped-accessible space and five standard parking spaces. This turnkey property is ideal for businesses seeking to establish a professional presence in a thriving downtown area. Its versatile layout and convenient amenities make it suitable for a variety of commercial uses, representing a strong investment opportunity for expansion or a new venture. The property is priced at $499,950 and offers a unique blend of functionality and prime location. This is a rare opportunity to acquire a well-maintained, move-in ready office building in the heart of Turlock.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1948
Construction TILT-UP CONCRETE
Total area 1,744 SF
Lot 0.13 ac (5,690 SF)
APN 061-025-001-000
UPID US09-3771487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center

Location

340 Olive Ave Turlock, CA 95380-4009
Turlock metro Census 3904 MODESTO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2025
Last sale
$480,000
6 recorded transactions
2025
$480,000
2015
Price N/A
2007
Price N/A
2006
$450,000
2001
Price N/A
1994
$70,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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