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321 E Weber Ave - Stockton Collegiate International School

23,336 SF Specialty Building Offered at $3,345,000 at a 9% Cap Rate in Stockton, CA 95202

Schools California Stockton 321 E Weber Ave, Stockton, CA 95202

Investment Highlights

  • Heavy downtown foot traffic.
  • Ideal for retail, medical, or office usage.
  • Centrally located directly across from San Joaquin County offices.

Executive Summary

Charter School Tenant! Tax incentives. This opportunity is a turnkey Net leased Investment Property, perfect for a 1031 Exchange. The building interior was remodeled in 2010 with updated lighting, fire sprinklers, seismic specs, elevator, and ADA classroom compliance. Financials have strong cash flow with a strong tenant.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts In Escrow

Price $3,345,000 Building Class C
Price Per SF $143 Lot Size 0.11 AC
Sale Type Investment or Owner User Building Size 23,336 SF
Cap Rate 9% No. Stories 4
Sale Conditions
1031 Exchange
  • Sale Leaseback
 Year Built/Renovated 1945/2010
Property Type Specialty Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype
Schools
  • General Retail Daycare Center
  • General Retail Storefront Retail/Office
  • Office Medical
Price $3,345,000
Price Per SF $143
Sale Type Investment or Owner User
Cap Rate 9%
Sale Conditions
1031 Exchange
  • Sale Leaseback
Property Type Specialty
Property Subtype
Schools
  • General Retail Daycare Center
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class C
Lot Size 0.11 AC
Building Size 23,336 SF
No. Stories 4
Year Built/Renovated 1945/2010
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 139-120-14 Total Assessment $3,234,486 (2023)
Land Assessment $271,463 (2023) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $2,963,023 (2023) Tax Year 2022

PROPERTY TAXES

Parcel Number
139-120-14
Land Assessment
$271,463 (2023)
Improvements Assessment
$2,963,023 (2023)
Total Assessment
$3,234,486 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022

zoning

Zoning Code CD, Stockton
CD, Stockton
  • Onyx Pike
    Onyx Pike
  • Ocean Pacific Realty Group
(831) 241-7926 x700

  • Listing ID: 30616892

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 321 E Weber Ave, Stockton, CA 95202

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321 E Weber Ave, Stockton, CA for sale Building Photo- Image 1 of 5
321EWeber
321 E Weber Ave, Stockton, CA for sale Building Photo- Image 2 of 5
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321 E Weber Ave, Stockton, CA for sale Plat Map- Image 4 of 5
Plat Map

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321 E Weber Ave - Stockton Collegiate International School
(831) 241-7926 x 700

321 E Weber Ave - Stockton Collegiate International School

Onyx Pike

(831) 241-7926

x700

(831) 241-7926 x700

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