811 March Ln Stockton, CA 95207-6081
- Retail space
- 4,550 SF
- 0.52 lot acres
Sep 27, 2024
Current Use by Public Records
- CHOPZ BARBERSHOP / Barber Shop
- Patys Flowers / Florist
- True Tattoo / Tattoo Shop
- NICKTHEBARBER / Barber Shop
- stockton smoke shop & vape / Vaporizer Store
Property Details for 811 March Ln
- Year built
- 1994
- Lot size
- 0.52 lot acres
- Property size
- 4,550 SF
- Property type
- Retail space
- APN
- 104-090-190-000
- APU
- 104090190000
Description
This exceptional investment opportunity presents a fully occupied, four-tenant retail building totaling 4,500 square feet on a 0.52-acre lot in Stockton, California. Located at 811 E March Ln, this single-story, 1989-built property boasts a strong 7.03% cap rate and a substantial net operating income (NOI) of $87,838. The property features 18 parking spaces and is situated on a main thoroughfare with excellent visibility. Currently 100% occupied with a diverse mix of tenants under NNN leases, this stabilized investment offers predictable cash flow and potential for future growth through varied rent bumps. The property benefits from recent improvements including a new roof, ADA-compliant walkway, and fresh paint. The asking price is $1,250,000, translating to $277.78 per square foot. Zoned for general commercial use, this fee-simple ownership offers a secure and lucrative investment opportunity in a prime Stockton location. The property's APN is 104-090-190. This is a rare chance to acquire a well-maintained, high-performing retail property with a proven track record of success. The property is ideally suited for investors seeking stable income and long-term appreciation.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.297
- Latitude
- 38.0011
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA