Property profile

508 11th St Tracy, CA 95376

OFF-MARKET
Retail space
Property ID
US09-1729541
5,861 SF 0.29 ac lot Built 1996
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction TILT-UP CONCRETE
Total area 5,861 SF
Lot 0.29 ac (12,849 SF)
Zoning code 47
APN 235-190-100-000
UPID US09-1729541

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
  • Restaurant
  • Loan Service
  • Electronics & Wireless Store Auto Parts Store

Location

508 11th St Tracy, CA 95376-4092
Tracy metro Census 5405 STOCKTON, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2022
Last sale
$215,000
6 recorded transactions
2022
Price N/A
2022
Price N/A
1995
$215,000
1993
$202,295
1992
$148,000
1983
Price N/A

Zoning & alternative use

47 · Tracy, CA

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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