Property profile

450 Grant Line Rd Tracy, CA 95376

OFF-MARKET
Warehouses
Property ID
US09-1407698
12,000 SF 7.91 ac lot Built 1958
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 450 E Grant Line Rd, Tracy, CA 95376, offers a significant opportunity for businesses seeking manufacturing or distribution space in San Joaquin County. The property boasts a total building area of 101,101 square feet, with 77,341 square feet currently vacant and available for lease. The building features high ceilings ranging from 22 to 26 feet, providing ample vertical space for various operational needs. Seven loading docks ensure efficient loading and unloading of goods. The property is zoned M-1, Light Industrial, allowing for a wide range of industrial uses. Power is robust, with a 3,000 Amps, 277/480 V, 3-Phase service. The expansive lot size of 7.91 acres provides ample room for expansion, maneuvering, and potential future development. Two spaces are immediately available, ranging in size from 24,480 to 52,861 square feet, offering flexibility for businesses of varying scales. The property is conveniently located near East St, providing easy access to major transportation routes. This is a rare opportunity to secure substantial industrial space in a prime location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Total area 12,000 SF
Lot 7.91 ac (344,559 SF)
Zoning code 61
APN 233-460-120-000
UPID US09-1407698

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
  • Factory Production Facility
  • Car Dealership
  • Car Rental Facility

Location

450 Grant Line Rd Tracy, CA 95376-2811
Tracy metro Census 5309 STOCKTON, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.03M

Owner & transaction history

since 2021
Last sale
$9.0M
7 recorded transactions
2021
$9.0M
2021
Price N/A
2016
$3.6M
2005
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

61 · Tracy, CA
Top alternative use upside
Commercial (general) $7.1M +524.2%

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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