You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $565,000
Retail space

514 2nd St Patterson, CA 95363-2102

1,097 SF 0.48 ac lot Built 1995
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0026112
Property summary
AI-generated overview

This exceptional 0.48-acre commercial lot, located at 514 N 2nd Street in Patterson, CA, presents a unique investment opportunity. The property boasts 20,751 square feet of land with Highway 33 frontage, ensuring high visibility and significant daily traffic. According to CalTrans data, the Average Daily Traffic Count is 6,900 vehicles. The existing 1,304 square foot building suffered a recent fire and requires significant attention or demolition. This presents a blank canvas for a new development, tailored to the needs of a wide range of businesses. The property's location within an Opportunity Zone offers substantial tax advantages and incentive programs for investors. The surrounding area is experiencing rapid growth, with a planned annexation adding over 5,000 new homes, creating a strong potential customer base. The general commercial zoning allows for diverse uses, including restaurants and professional offices. This prime location near medical offices and the downtown area guarantees high foot traffic and visibility, making it an ideal site for businesses seeking to thrive in a dynamic and expanding market. The combination of high traffic, Opportunity Zone status, and Patterson's growth trajectory makes this a truly exceptional investment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction WOOD
Total area 1,097 SF
Lot 0.48 ac (20,751 SF)
Zoning code PC
APN 131-011-027-000
UPID US09-0026112
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
$395k
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Nardeep Sandhu · 5 yrs held
Nardeep Sandhu
since 2020
Last sale
$630,000
7 recorded transactions
2020
$630,000
2018
$59,000
2008
Price N/A
2006
$460,000
2005
Price N/A
1998
$159,000
1998
$154,000
Zoning & alternative use
PC · Patterson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $410,000 +179.8%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 514 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message