3824 Mchenry Ave Modesto, CA 95356-1509
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.
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Cozy Mosy Meals Restaurant
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Legacy Auto Sales, LLC Car Dealership
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Metric Motors-Modesto Car Dealership
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City Auto Auction Car Dealership
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Filipino Corner by JrAilaM’s Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.