2572 Kiernan Ave | Modesto, CA 95356
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2572 Kiernan Ave
Modesto, CA 95356
KBP East - Future Development · Land For Sale · 9.81 AC
Investment Highlights
- Income generating property with development potential
- Adjacent users within the park include the following; Kaiser Hospital, Memory Care, Independent Living, Marriott Residence Inn & Surgery Center.
- 100% occupied
Executive Summary
2572 Kiernan Ave is an +/-9.81 acre parcel fronting on Kiernan Ave. Located within the Kiernan Business Park Specific Plan, this parcel can be developed to support of variety of Business Park (BP) related uses.
PROPERTY FACTS
1 Lot Available
Lot
| Price | $2,199,000 | Lot Size | 9.81 AC |
| Price Per AC | $224,159 |
| Price | $2,199,000 |
| Price Per AC | $224,159 |
| Lot Size | 9.81 AC |
Description
** Major Price Reduction ** The Subject Property contains a +/- 2,600 SF single family residential home, a +/- 6,000 SF metal warehouse, and +/- 7.8 acres of row crops. The SFR, warehouse and land are all currently under lease. The current income stream allows an astute developer to collect revenue while they masterplan the future development of the parcel. ** Warehouse Shipping Container and Modular Office are being sold separately, contact LA for details **
PROPERTY TAXES
| Parcel Number | 078-15-05 | Improvements Assessment | $374,168 |
| Land Assessment | $375,889 | Total Assessment | $750,057 |
PROPERTY TAXES
Parcel Number
078-15-05
Land Assessment
$375,889
Improvements Assessment
$374,168
Total Assessment
$750,057
zoning
| Zoning Code | Urban Transition |
| Urban Transition |
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