SOLD 06/09/2023
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Commercial sold for $650,000 in 144 days
1017 Herndon Rd Modesto, CA, 95351
Off the market Other
Pro forma cap rate of 8.86%. All units have been recently remodeled so there is minimal deferred maintenance and low annual repair costs. This includes interior and exterior paint, flooring, roofs, cabinets, granite counters, fixtures and appliances. Property is two separate parcels, with three and two units each, so both qualify for conventional financing. 1019 Herndon Rd is zoned C-1: Neighborhood Commercial. Potential for future development. Great location for commuters, near CA-99 and CA-132, shopping centers and schools. Excellent rental market in Modesto, CA. Landlord pays water, trash and septic for 1017 Herndon and only trash and septic for 1019 Herndon. Sale includes two parcels: 1017 Herndon Rd - APN 038-041-041 - Residential Zoning and 1019 Herndon Rd - APN 038-041-042 - Commercial Zoning.
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Property details
3,248 sqft interior area
Land area
7,500 sqft (0.17 acres)
Address
1017 Herndon Rd, Modesto, CA, 95351
City of California
Modesto
County
Stanislaus
Previous price
$719,900
Year Built
1944
District
Not Defined
Nearby major retailers
Walmart Neighborhood Market
Walmart
Supermarket: 2
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Interior Features
—
Garage & Parking
Other
Utilities Included
Other Water/Sewer
Listed by
Ricardo Gil, Gil's Real Estate
Name
Ricardo Gil
License number
01800755
Brokerage company
Gil's Real Estate
MLS #
CRFR23009112
Buyer agent
Name
Ricardo Gil
Brokerage company
Gil's Real Estate
Payment calculator
Calculate your monthly payments
Mortgage
$1,996
Taxes
$0
HOA dues
$0
Mortgage
$130,000 / 20%
2.28%
30 years
Your amount
$1,996 / month
Lot details
TMK #038041041000
Lot Description
Other, Front Yard
Parcel nr.
038041041000
95351 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95351
53%
Families with children
National average: 39%
23%
Non family households
264,181
Population
$67,724
Average Income
Age & gender
Median age 30 years
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Commute types
92% commute by car
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Education level
32% have high school education
More info
Number of employees
3% work in education and healthcare
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Vehicles available
35% have 2 vehicle
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Vehicles by gender
35% have 2 vehicle
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Housing market insights for
$355.1k
Neighborhood average
sales price*
sales price*
$365k
Neighborhood median
sales price*
sales price*
29
Number
of sales*
of sales*
Housing type
77% are single detacheds
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Rooms
48% of the houses have 4 or 5 rooms
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Bedrooms
72% have 2 or 3 bedrooms
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Owners vs Renters
51% are owners
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16.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jun 9, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 9, 2023 | Sold | $650,000 | 0 | Public Record |
| Jun 9, 2023 | Price Decrease | $650,000 -16.66% | 0 | MLS #CRFR23009112 |
| Mar 16, 2023 | Under contract | $779,900 | 0 | MLS #CRFR23009112 |
| Jan 17, 2023 | New Listing | $779,900 | 0 | MLS #CRFR23009112 |
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Frequently Asked Questions about 1017 Herndon Rd
What is 1017 Herndon Rd?
1017 Herndon Rd is a Commercial/Industrial propertywith 3,248 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1017 Herndon Rd, Modesto, CA, 95351.
What comparable properties are nearby?
Comparable nearby commercial properties include 421 Maze Blvd, 1400 W Glenwood Ave, 159 W Yosemite Ave, 392 W Larch Rd, 1795 S Airport Way, 1448 S Center St.
Based on information from the bridgeMLS as of 05-08-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jun 12, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Super Mercado, 1.05 miles away and Walmart, 2.17 miles away.
The 95351 zip area has a population of 264,181, and 53% of the families have children. The median age is 30.95 years and 92% commute by car. The most popular housing type is "single detached" and 51% is owner.
