7720 Lorraine Ave Stockton, CA 95210
- Industrial properties
- 1,200 SF
Current Use by Public Records
- Kirby of Stockton / Electronics Repair Shop / Vacuum Cleaner Store
- HughesNet / Corporate Office
- KT Fashion / Wholesaler / Service Establishment
- Sign Shop / Sign Shop
- Jump Into Reading Tutoring Services / Tutoring Service
Property Details for 7720 Lorraine Ave
- Year built
- 1983
- Property size
- 1,200 SF
- Zone code
- M
- Property type
- Industrial properties
- APN
- 094-250-150-000
- APU
- 94250150000
Description
This exceptional 1,959 square foot light industrial condo in Stockton, CA, presents a unique opportunity for business owners seeking a prime location and functional space. Situated on a 0.03-acre lot at 7720 E Lorraine Avenue, Unit 107, this property boasts unparalleled visibility and accessibility, benefiting from daily traffic counts ranging from 31,000 to 40,000 vehicles, according to geographic information systems. The unit's layout is designed for optimal efficiency, featuring four private offices, a spacious reception area with copier and printer space, and a convenient meeting/break room with a private bathroom. The versatile upstairs loft area offers significant potential for customization, allowing for the creation of a private media room, additional storage, or a larger conference room, catering to a variety of business needs. This turnkey property eliminates the ongoing expense of rent, offering a compelling investment opportunity for a growing business or professional services firm seeking to expand its operations or establish a strong presence in a high-traffic area. The strategic location provides easy access to major roadways, including Highway 99 and I-5, ensuring convenient commutes for employees and clients alike. This is an ideal blend of investment and operational space, ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $305,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $305,000
- Mixed-Use
- $340,000
- Hospitality
- $285,000
- Educational
- $340,000
- Residential Income
- $300,000
- Energy
- $370,000
- Income-Based Land
- $295,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.283
- Latitude
- 38.0205
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
