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1624 E Alpine Ave 55,300 SF 100% Leased Industrial Building Stockton, CA 95205 $6,590,000 ($119.17/SF)
Investment Highlights
- A ±12.63-acre Industrial Truck Repair & Parking Facility Featuring Seven (7) Buildings Totaling ±55,300 Square Feet.
- Immediate Cash Flow From Existing Month-to-month Tenants, Plus Strong Upside Through Leasing Vacant Space or Redevelopment.
- Strategically Located Near Highway 99, Adjacent to West Lane, and Directly on an Approved Truck Route Providing Excellent Access and Visibility.
- Seller Financing Available to Qualified Buyers.
Executive Summary
Marcus & Millichap has been retained to exclusively market for sale 1624 E. Alpine Avenue #A, Stockton, CA. The offering is a ±12.63-acre industrial truck repair and parking facility improved with four (4) warehouses and three (3) office buildings totaling ±55,300 square feet. The property also features substantial excess yard space capable of accommodating ±120 truck parking stalls.
Strategically positioned just minutes from Highway 99, adjacent to West Lane, and directly along an approved truck route, the property provides excellent accessibility and high visibility. The property is zoned I-L (Light Industrial) by the City of Stockton, which accommodates a broad array of permitted uses including truck parking and repair, transportation and logistics, wholesaling, distribution, light manufacturing, and outdoor storage.
In summary, this offering represents a rare investment opportunity to acquire a large, well-situated industrial asset in the Stockton market, complete with existing in-place income and considerable value-add potential. Both owner-users and investors stand to benefit immediately through strategies such as leasing unused truck parking stalls and available building space to generate additional revenue, redeveloping select portions of the site for higher and better uses, or renovating existing structures to generate premium market rental rates.
Strategically positioned just minutes from Highway 99, adjacent to West Lane, and directly along an approved truck route, the property provides excellent accessibility and high visibility. The property is zoned I-L (Light Industrial) by the City of Stockton, which accommodates a broad array of permitted uses including truck parking and repair, transportation and logistics, wholesaling, distribution, light manufacturing, and outdoor storage.
In summary, this offering represents a rare investment opportunity to acquire a large, well-situated industrial asset in the Stockton market, complete with existing in-place income and considerable value-add potential. Both owner-users and investors stand to benefit immediately through strategies such as leasing unused truck parking stalls and available building space to generate additional revenue, redeveloping select portions of the site for higher and better uses, or renovating existing structures to generate premium market rental rates.
Property Facts
Amenities
- Skylights
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Property Taxes
| Parcel Number | 117-080-06 | Improvements Assessment | $1,795,492 |
| Land Assessment | $1,219,749 | Total Assessment | $3,015,241 |
Property Taxes
Parcel Number
117-080-06
Land Assessment
$1,219,749
Improvements Assessment
$1,795,492
Total Assessment
$3,015,241
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1624 E Alpine Ave
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