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5254 Jerusalem Ct 42,750 SF Industrial Building Modesto, CA 95356 $4,200,000 ($98.25/SF) 6.80% Cap Rate



Investment Highlights
- Prime Industrial Warehouse in North Modesto - 42,750 SF Industrial Warehouse / Distribution Facility.
- Turnkey warehouse in Modesto's desirable north side industrial pocket
- Spacious clear-span warehouse ideal for storage, distribution, assembly, or logistics. High ceilings and open layout suitable for racking.
Executive Summary
Prime Industrial Warehouse in North Modesto - 42,750 SF Industrial Warehouse / Distribution Facility. Strategically situated in the heart of North Modesto's industrial corridor, this warehouse offers excellent accessibility to major highways including Highway 99 and I-5 for efficient distribution throughout Central California and beyond. The area is a hub for logistics, furniture distribution, and light industrial operations, with proximity to retail, commercial zones, and residential areas. Key Features: Spacious clear-span warehouse ideal for storage, distribution, assembly, or logistics High ceilings and open layout suitable for racking, shelving, or bulk storage Ample loading access (dock-high or grade-level doors - buyer to verify specifics) Concrete slab flooring for heavy loads Office space integrated or available for administrative functions Secured site with potential fenced yard area Zoned for industrial use, supporting a variety of business operations Current/Recent Use: The property has served as a furniture warehouse and distribution center, demonstrating its proven functionality for large-scale inventory management and trucking access. Ideal For: Furniture, appliance, or retail goods distribution E-commerce fulfillment center Manufacturing or light assembly Third-party logistics (3PL) provider General industrial or commercial storage This well-maintained facility in a growing Central Valley market presents a rare opportunity for owner-users or investors seeking a turnkey warehouse in Modesto's desirable north side industrial pocket. Easy access to labor pool, transportation routes, and local amenities. Buyer/broker to conduct due diligence on exact specifications, zoning, utilities, and any tenant details. Don't miss this prime 42,750 SF warehouse opportunity in the heart of Modesto! Tenant is 3 years into a 5 year lease with 2 additional 5 year options. Rents increase 3% each year.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$288,480
|
$6.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$288,480
|
$6.75
|
| Taxes |
-
|
-
|
| Operating Expenses |
$1,200
|
$0.03
|
| Total Expenses |
$1,200
|
$0.03
|
| Net Operating Income |
$287,280
|
$6.72
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $288,480 |
| Annual Per SF | $6.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $288,480 |
| Annual Per SF | $6.75 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.03 |
| Total Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.03 |
| Net Operating Income | |
|---|---|
| Annual | $287,280 |
| Annual Per SF | $6.72 |
Property Facts
| Price | $4,200,000 | Lot Size | 2.00 AC |
| Price Per SF | $98.25 | Rentable Building Area | 42,750 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.80% | Year Built | 2001 |
| Sale Condition | Building in Shell Condition | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.47/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | PDI | ||
| Price | $4,200,000 |
| Price Per SF | $98.25 |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| Sale Condition | Building in Shell Condition |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 42,750 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Tenancy | Single |
| Parking Ratio | 0.47/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | PDI |
Amenities
- 24 Hour Access
- Security System
- Breakroom
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 004-65-16 | Total Assessment | $3,229,914 |
| Land Assessment | $563,065 | Annual Taxes | $0 ($0.00/SF) |
| Improvements Assessment | $2,666,849 | Tax Year | 2025 |
Property Taxes
Parcel Number
004-65-16
Land Assessment
$563,065
Improvements Assessment
$2,666,849
Total Assessment
$3,229,914
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
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5254 Jerusalem Ct
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