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West Modesto, CA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in West Modesto, California Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For West Modesto CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For West Modesto CA

Common questions from investors exploring commercial real estate in West Modesto CA.

What's the overall investment potential of West Modesto, CA? +
The 29.4% poverty rate combined with 86.1% health insurance coverage suggests a working-class market with some employment stability, and the top industries in Transportation & Warehousing, Educational Services, and Health Care & Social Assistance indicate a diverse economy. The 34.9-minute average commute time and high rate of driving alone also suggest a need for convenient housing options. With a median property value of $87,500 and median property taxes of $846, West Modesto offers relatively affordable investment opportunities.
How does the demographic makeup of West Modesto impact rental demand? +
The city's diverse population, with 35.1% Hispanic, 30.6% White, and 12.2% White Non-Hispanic, suggests a strong demand for rental properties that cater to different ethnic and cultural groups. The median age of 32.4 and employed population of 1,652 also indicate a relatively young and working population, which can drive demand for affordable and convenient housing options, particularly in the Transportation & Warehousing and Educational Services sectors.
What are the key factors to consider when assessing market stability in West Modesto? +
The 44.0% homeownership rate and 29.4% poverty rate suggest a mix of stable and unstable households, while the 86.1% health insurance coverage rate indicates a relatively high level of employment stability. The average commute time of 34.9 minutes and top commute methods of driving alone or carpooling also suggest a need for convenient and accessible housing options, which can impact market stability and rental yields.
How does the local economy impact the real estate market in West Modesto? +
The top industries in Transportation & Warehousing, Educational Services, and Health Care & Social Assistance drive demand for housing and commercial properties, while the median household income of $30,333 and poverty rate of 29.4% suggest a need for affordable housing options. The GINI coefficient of 0.484 indicates a moderate level of income inequality, which can impact the local economy and real estate market, particularly in terms of rental yields and property appreciation.
What are the implications of the city's quality of life metrics for real estate investors? +
The 34.9-minute average commute time and high rate of health insurance coverage suggest a relatively high quality of life, which can drive demand for housing and commercial properties. The top commute methods of driving alone or carpooling also indicate a need for convenient and accessible transportation options, while the median property value of $87,500 and median property taxes of $846 offer relatively affordable investment opportunities, particularly in the context of the city's diverse economy and population.

West Modesto CA Real Estate & City Facts

Key facts and real estate information about West Modesto CA.

What are some of the best neighborhoods to live in West Modesto? +
Some of the best neighborhoods to live in West Modesto include Downtown Modesto, Del Rio, and Ripon. However, it's worth noting that West Modesto itself is a census-designated place outside the Modesto city limits and has its own unique character. As with any area, it's a good idea to research and visit different neighborhoods to find the one that best fits your needs and preferences.
What are some fun things to do in West Modesto? +
There are plenty of fun things to do in West Modesto and the surrounding Modesto area. You can visit the Gallo Center for the Arts, catch a game at John Thurman Field, or explore the many parks and trails in the area. The McHenry Mansion and McHenry Museum are also worth a visit. If you're looking for something more adventurous, you can try jet skiing or river rafting. And of course, there are plenty of great restaurants and cafes to check out, like Commonwealth and Galletto Ristorante.
What is the food scene like in West Modesto? +
The food scene in West Modesto is vibrant and diverse, with a mix of farm-to-table restaurants, unique eateries, and international cuisine. You can find everything from cozy cafes to family-owned eateries, and even some restaurants that have been featured on food TV shows. Some popular spots include Commonwealth, Galletto Ristorante, and Dewz Restaurant. There are also plenty of great food trucks and farmers' markets to explore.
What are the pros and cons of living in West Modesto? +
The pros of living in West Modesto include its unique character, affordable housing options, and access to outdoor recreation. However, some areas of West Modesto may have higher crime rates or less developed infrastructure. Additionally, the area is still growing and developing, which can be both a pro and a con. On the one hand, there are opportunities for new businesses and community development, but on the other hand, it can also mean more traffic and construction. Ultimately, the decision to live in West Modesto depends on your individual priorities and preferences.
Is West Modesto a good place to live? +
Whether or not West Modesto is a good place to live depends on your individual needs and priorities. If you're looking for an affordable place to live with a unique character and access to outdoor recreation, West Modesto might be a great fit. However, if you're looking for a more developed area with a wider range of amenities, you might want to consider other options. It's always a good idea to visit an area and get a feel for the community before making a decision. Overall, West Modesto has a lot to offer, but it's not for everyone.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For West Modesto CA Properties: 1.1400%

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For West Modesto CA Commercial Property: $30,333

⭐ Featured

Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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