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930 15th St 3,264 SF Office Building Modesto, CA 95354 $749,900 ($229.75/SF) 3.49% Cap Rate
Investment Highlights
- LOCATION: great location for those that want a prime downtown Modesto.
- IDEAL for: Attorney, CPA, Architect/Engineering, Insurance, Mortgage, Real Estate, Therapy, Chiropractor... even a Nightclub/Bar.
- OWNER USER OR INVESTMENT: lease ends in March 2027 so buyer can occupy or keep tenant.
Executive Summary
Clean, well-maintained professional office building ideally suited for an attorney, CPA, architect/engineering, insurance, consulting, mortgage, real estate, training, therapy/wellness, chiropractic, other professional office user. The property is currently occupied as office space and leased until March 1, 2027. This makes it an excellent owner-user opportunity for those that can waiti to move in until March 2027 while collecting rents from existing tenant. The existing tenant has expressed interest in extending their lease if the buyer prefers a tenant for a longer timeperiod. A few parking spaces on the property and lots of public parking on street. 2 new HVAC units in 2024.
Move-in ready with several updates and newer A/C units, this building offers a professional presence in a desirable Modesto location surrounded by established businesses.
Key location surrounded by established office, service businesses, city/county offices and the courthouse.
o 1 block from Dews Restaurant, McHenry Mansion, Bank of America, attorney and other professional offices.
o 2 blocks from the State Theater, McHenry Museum, and several restaurants.
o 3-4 blocks from Galletto Ristorante, several banks and credit unions.
o 4-5 blocks from Gallo Center for Arts, Stanislaus Co and City of Modesto offices
Move-in ready with several updates and newer A/C units, this building offers a professional presence in a desirable Modesto location surrounded by established businesses.
Key location surrounded by established office, service businesses, city/county offices and the courthouse.
o 1 block from Dews Restaurant, McHenry Mansion, Bank of America, attorney and other professional offices.
o 2 blocks from the State Theater, McHenry Museum, and several restaurants.
o 3-4 blocks from Galletto Ristorante, several banks and credit unions.
o 4-5 blocks from Gallo Center for Arts, Stanislaus Co and City of Modesto offices
Financial Summary (Actual - 2025) 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 |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,264 SF
Building Class
B
Year Built
1955
Price
$749,900
Price Per SF
$229.75
Cap Rate
3.49%
NOI
$26,169
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.68
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
Commercial - UGD: Urban General Downtown. This allows many uses commonly seen in downtown Modesto related to office, retail and others.
Parking
4 Spaces (1.23 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Reception
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Stanislaus County Children & Family Commission
- Public Administration
- -
- -
-
Lorem Ipsum
-
Jan 0000
Who We Are Following voter approval of Proposition 10 in November 1998, the Stanislaus County Children & Families Commission was established by the Stanislaus County Board of Supervisors on December 8, 1998. The Commission operates as an independent County agency. What We Do The Commission is dedicated to promoting children’s development and well-being by supporting programs that make a difference in the emotional, physical, and intellectual experiences in a child’s first 5 years. What We Offer Every year, the Commission invests millions of dollars in vital services for children 0 through 5 and their families in the areas of health, safety, family support, and child development.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Stanislaus County Children & Family Commission | Public Administration | - | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (95)
Property Taxes
| Parcel Number | 105-07-10 | Total Assessment | $191,265 |
| Land Assessment | $55,141 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $136,124 | Tax Year | 2025 |
Property Taxes
Parcel Number
105-07-10
Land Assessment
$55,141
Improvements Assessment
$136,124
Total Assessment
$191,265
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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930 15th St
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