581 Minaret Ave Turlock, CA 95380
This exceptional mixed-use property at 581 N Minaret Avenue, Turlock, CA, presents a unique investment opportunity. Boasting 4,000 square feet on a 0.19-acre lot, this versatile property is zoned office-residential, offering significant flexibility. The building potentially houses four, or possibly six, individual units, ideal for rental income. Alternatively, the space could be configured as a professional office with adjacent living quarters, providing a convenient and attractive work-life balance. Each unit is described as charming and functional, reflecting the character of the downtown area. The property's prime downtown location offers unparalleled access to Main Street's vibrant amenities, including a variety of restaurants, the farmer's market, the local library, and boutique shopping. Adding to its appeal is a back studio featuring a one-car garage, accessible from a convenient side alley. This property represents a rare combination of income potential, prime location, and versatile space, making it an exceptional investment in the heart of Turlock's thriving downtown. The asking price is $949,000.
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
CO · Turlock, CATurlock. 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.