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Property profile & analytics
OFF-MARKET Estimated value $23,790,000
Manufacturing properties

400 Gandy Dancer Dr Tracy, CA 95377-8917

143,280 SF 20 ac lot Built 1981
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0447655
Property summary
AI-generated overview

This expansive industrial property, located at 400 Gandy Dancer Dr, Tracy, CA 95377, presents a significant opportunity for a single tenant. The 159,040 square foot building sits on a substantial 26.33-acre lot and is zoned M-1, Light Industrial City of Tracy within San Joaquin County. Constructed in 1980, the property boasts impressive features including high ceilings ranging from 21'4" to 26'10", providing ample vertical space for various industrial operations. The building offers convenient access with 5 loading docks and 5 dock-high doors, ensuring efficient loading and unloading of goods. Ample parking is available with 103 spaces. Power is robust, supported by a 12,000 KVA transformer located on-site. The property's strategic location near Tracy Blvd provides excellent accessibility and visibility. The entire building is currently vacant, offering immediate occupancy for a qualified tenant. This is a rare opportunity to secure a large, well-equipped industrial space in a prime location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1981
Total area 143,280 SF
Lot 20 ac (871,200 SF)
Zoning code 61
APN 248-030-020-000
UPID US09-0447655
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
  • First Class Services Trucking Co Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$23.77M
Comparable Approach Comparable
$21.45M
Blend (final) Blend
$23.79M
Owner & transaction history
Cref3 Gandy Dancer Owner LLC · 4 yrs held
Cref3 Gandy Dancer Owner LLC
since 2021
Last sale
$25.5M
7 recorded transactions
2021
Price N/A
2021
$25.5M
2018
Price N/A
2016
Price N/A
2010
Price N/A
2001
$4.4M
1989
$4.7M
Zoning & alternative use
61 · Tracy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $36.2M +8.6%
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