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Property profile & analytics
OFF-MARKET
Automotive properties

3824 Mchenry Ave Modesto, CA 95356-1509

1,012 SF 1.71 ac lot Built 1978
Trust Owned 14-yr Hold Free & Clear
Property ID
US09-1747197
Property summary
AI-generated overview

This 1.71-acre commercial land parcel in Modesto, California (APN 052-060-010) is zoned for Highway Commercial use and presents a unique investment opportunity. Situated along McHenry Avenue, Modesto's major retail corridor, this Walmart outparcel benefits from exceptional visibility and high traffic counts. The property is currently improved with an existing car lot, offering potential for redevelopment or continued use as such. The location boasts strong co-tenancy with established businesses including Walmart, Cricket Wireless, Round Table Pizza, UPS Store, Perko's Café, and several other local businesses. Furthermore, its position within Modesto's "Auto Row" places it within one mile of eighteen major car dealerships, creating a synergistic environment for automotive-related businesses. This prime location offers significant potential for retail development or continued use as a thriving car lot, capitalizing on the high traffic volume and established commercial presence. The property's Highway Commercial zoning allows for a wide range of uses, making it an attractive option for various business ventures. This is a rare opportunity to acquire a highly visible and strategically located property in a thriving Modesto market.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1978
Construction WOOD
Total area 1,012 SF
Lot 1.71 ac (74,487 SF)
APN 052-060-010-000
UPID US09-1747197
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cozy Mosy Meals Restaurant
  • Legacy Auto Sales, LLC Car Dealership
  • Metric Motors-Modesto Car Dealership
  • City Auto Auction Car Dealership
  • Filipino Corner by JrAilaM’s Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Koenig Walter 2005 Trust · 14 yrs held
Koenig Walter 2005 Trust
since 2011
1 recorded transaction
2011
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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