Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Loan Service
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Electronics & Wireless Store Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
47 · Tracy, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 47 in Tracy, CA.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning