690 Crows Lndg Rd Modesto, CA 95351-3929
This exceptional investment opportunity presents a fully occupied, 49,000-square-foot industrial park situated in Modesto, California. The property consists of eleven buildings encompassing twenty-two units, strategically located off Crows Landing Road, providing convenient access to Interstate 99. The park features five multi-tenant warehouses, ideal for various industrial uses. Building sizes range from 6,500 to 12,000 square feet, each equipped with multiple roll-up doors and ample electrical service. Specific building features include high ceilings (ranging from 18' to 20'), multiple roll-up doors, and robust electrical service (ranging from 200 amps to 800 amps per building). The property also includes a 1,000-square-foot office space and four residential homes, all situated on a 3.85-acre site. This property is zoned for industrial use and benefits from its location near Highway 99, making it an attractive investment opportunity. The upcoming Lions Bridge project will further enhance accessibility to downtown Modesto. The property's 100% occupancy rate ensures immediate cash flow, making it a compelling investment in a thriving industrial area. The property's APN is 038-019-037-000. This is an institutional investment-grade property located in a designated Opportunity Zone.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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