Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    701 20th Century Blvd Turlock, CA 95380-2387
    Back to Search
    Property profile & analytics

    701 20th Century Blvd, Turlock, CA 95380-2387

    View on Map
    • Hotels
    • 8,058 SF
    • 1.29 lot acres
    Off-Market
    Last Sale Apr 10, 2023
    Property ID
    US09-1922463
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turlock Inn / Hotel & Motel
    • Americas Best Value Inn Turlock / Hotel & Motel

    Property Details for 701 20th Century Blvd

    Year built
    1946
    Construction
    TILT-UP CONCRETE
    Lot size
    1.29 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    042-010-020-000
    APU
    42010020000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 18, 2023 — Naresh Patel — Deed · related $1.2M · Bay Commercial Bank
    Apr 10, 2023 — Naresh Patel Naresh Patel Intrafamily Transfer · related —
    Nov 22, 2022 — Naresh Patel Naresh Patel Intrafamily Transfer · related $1.2M · Bay Commercial Bank
    Mar 22, 2005 — Record Owner Owner,record Quit Claim Deed —
    — — Amita N Patel — Deed Of Trust · related $400k · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Turlock
    County
    Stanislaus
    State
    California
    Longitude
    -120.857
    Latitude
    37.5061
    CBSA code
    33700
    CBSA name
    MODESTO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,629
    $202,560
    $228,091
    $430,651
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $700,000
      47,197 SF

      1821 Lander Ave

      HOTEL/MOTEL
      1821 Lander Ave, Turlock, CA 95380-6240
      View Details
    • Value Estimation
      $2,925,000
      57,788 SF

      1831 Lander Ave

      HOTEL/MOTEL
      1831 Lander Ave, Turlock, CA 95380-6240
      View Details
    • Value Estimation by Request
      4,192 SF

      700 20th Century Blvd

      HOTEL/MOTEL
      700 20th Century Blvd, Turlock, CA 95380-2319
      View Details
    • Value Estimation by Request
      6,277 SF

      1350 Golden State Blvd

      HOTEL/MOTEL
      1350 Golden State Blvd, Turlock, CA 95380-2312
      View Details
    • Value Estimation
      $2,355,000
      41,673 SF

      3001 Hotel Dr

      HOTEL/MOTEL
      3001 Hotel Dr, Turlock, CA 95380-8428
      View Details
    • Value Estimation
      $2,495,000
      46,704 SF

      1000 Powers Ct

      HOTEL/MOTEL
      1000 Powers Ct, Turlock, CA 95380-8455
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      21.44 Acres Investment Opportunity

      21.44 acres leased for seasonal activities on Turlock's eastern edge.
      Turlock, CA 95380
      View Details
    • Contact for pricing

      Commercial Lot in Turlock Center

      14,363 SF lot in a commercial center.
      2175 W Main St, Turlock, CA 95380
      View Details
    • Contact for pricing

      Turlock Almond Farm with Home

      48.42 acre almond farm with fixer home.
      Youngstown Rd, Turlock, CA 95380
      View Details
    • $3,999,998

      Commercial Land in Turlock

      Commercial land available in Turlock, California.
      501 Dianne Dr, Turlock, CA 95380
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      4,000 SF

      Land for Parking in Turlock

      Land available for parking purposes in Turlock, California.
      D St, Turlock, CA 95380
      View Details
    • Contact for pricing
      234 SF

      Turlock Office Space for Lease

      Office space for lease with approximately 234 square feet.
      200 W Main St, Turlock, CA 95380
      View Details
    • Contact for pricing

      Turlock Property with Large Yard

      Specialty property for rent with a ±20,000 SF yard.
      4625 N Golden State Blvd, Turlock, CA 95380
      View Details
    • Contact for pricing
      26,960 SF

      Retail Space in Turlock Center

      26,960 SF retail space in busy shopping center.
      503-783 N Golden State Blvd, Turlock, CA 95380
      View Details
    • Contact for pricing

      Turlock Retail Space For Lease

      Retail space and commercial land available for lease in Turlock.
      2801 Countryside Dr, Turlock, CA 95380
      View Details
    • Contact for pricing

      Freeway Visible Power Center

      Power center with freeway visibility and quick access.
      2801 Countryside Dr, Turlock, CA 95380
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 20th Century Blvd
    Turlock, CA 95380-2387
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    701 20th Century Blvd, Turlock, CA, 95380
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!