226 N 1st St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
226 N 1st St
4,750 SF Retail Building Turlock, CA 95380 $899,000 ($189.26/SF) 6.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term lease
- Great Visibility
- Downtown Core Zone
EXECUTIVE SUMMARY
Welcome to a prime downtown retail property offering exceptional investment potential and versatile use possibilities, including assembly purposes. Located in the heart of a bustling commercial district, this property benefits from high foot traffic, excellent public transport links, and proximity to major attractions. Featuring a spacious layout, modern amenities, and high visibility with prominent signage opportunities, it’s ideal for various businesses such as boutiques, galleries, or event spaces. Enjoy steady income from a reliable long-term tenant while benefiting from strong rental demand and appreciation potential in a continuously developing area. Don’t miss this unique opportunity to own a valuable addition to your real estate portfolio. Contact us today for more information or to schedule a viewing!
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$72,144
|
$15.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,144
|
$15.19
|
| Taxes |
$7,000
|
$1.47
|
| Operating Expenses |
$7,000
|
$1.47
|
| Total Expenses |
$14,000
|
$2.95
|
| Net Operating Income |
$58,144
|
$12.24
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $72,144 |
| Annual Per SF | $15.19 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,144 |
| Annual Per SF | $15.19 |
| Taxes | |
|---|---|
| Annual | $7,000 |
| Annual Per SF | $1.47 |
| Operating Expenses | |
|---|---|
| Annual | $7,000 |
| Annual Per SF | $1.47 |
| Total Expenses | |
|---|---|
| Annual | $14,000 |
| Annual Per SF | $2.95 |
| Net Operating Income | |
|---|---|
| Annual | $58,144 |
| Annual Per SF | $12.24 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,750 SF
Building Class
B
Year Built
1980
Price
$899,000
Price Per SF
$189.26
Cap Rate
6.87%
NOI
$61,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.84
Lot Size
0.13 AC
Zoning
Downtown Core - Downtown Core
Parking
10 Spaces (1.1 Spaces per 1,000 SF Leased)
Frontage
134’ on 1st St
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 061-11-59 | Total Assessment | $556,311 (2024) |
| Land Assessment | $113,781 (2024) | Annual Taxes | $7,000 ($1.47/SF) |
| Improvements Assessment | $442,530 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
061-11-59
Land Assessment
$113,781 (2024)
Improvements Assessment
$442,530 (2024)
Total Assessment
$556,311 (2024)
Annual Taxes
$7,000 ($1.47/SF)
Tax Year
2023
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
226 N 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.