508 11th St Tracy, CA 95376-4092
This exceptional investment opportunity presents a fully occupied, multi-tenant retail building ideally situated at 508 E 11th St, Tracy, CA 95376. The property boasts 5,861 square feet of rentable space across two units, situated on a substantial 12,632-square-foot lot. Built in 1996 and renovated in 1996, the building is currently 100% occupied, generating strong rental income. The asking price is $1,650,000, translating to a price per square foot of $282. The property benefits from its General Highway Commercial (GHC) zoning, allowing for a variety of uses. Its location in Tracy, CA offers excellent visibility and accessibility, with strong traffic flow. This strategic location between the Bay Area, Sacramento, and the Central Valley provides significant potential for future growth and appreciation. The property's APN is 235-190-100-000. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving market. The property's size and location make it an attractive investment for both seasoned and new investors seeking strong returns. The current occupancy rate ensures immediate cash flow, while the strategic location and zoning provide significant upside potential for future development or expansion.
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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
47 · Tracy, CATracy. Always verify with local authorities before improvements.
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.