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1104 Scenic Dr, Modesto, CA 95350

Lat/Long: 37.646619, -120.979757 Elevation: 14.83 meters

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Site Name

1104 Scenic Dr, Modesto, Ca 95350

Current Infrastructure

Cell Towers

SiteBid ID #

483606

Published Date

May 3, 2024

Modified Date

May 3, 2024

Data Accuracy

0.000

Site Description

1104 Scenic Dr, Modesto, Ca 95350 is a Retail property with a cell tower antenna structure. The site offers a 55757 sqft lot area and has a Stanislaus County APN # of 034-018-005-000. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name

1104 Scenic Dr, Modesto, Ca 95350

Address

1104 Scenic Dr

County of Record

Stanislaus County

City

State / Province

Zip Code

Latitude:

Longitude:

Country

United States

Parcel # (APN)

034-018-005-000

Metro Area (MSA)

Modesto, Ca

FIPS Code

6,099

Census Tract

6,099,001,002

Census Data

The property located at 1104 Scenic Dr is situated in Stanislaus County, California and has a block FIPS # of 060990010023009. Here is the most recent census data from the 2020 US Census report:

Block FIPS: 060990010023009

County FIPS: 06099

County Name: Stanislaus County

State FIPS: 06

State Name: California

Block Population (2020): 23

AMT: AMT006

BEA: BEA163
BTA: BTA303
CMA: CMA142
EAG: EAG706
IVM: IVM142
MEA: MEA043
MTA: MTA004
PEA: PEA004
REA: REA006
RPC: RPC005
VPC: VPC006

Lot Area

55,757.00sq. ft.

Lot Frontage

95ft.

# of Buildings

1

Building Area

2,280sq. ft.

Total Units

1

Stories

1

Year Built

1,967

Year Renovated

1,967

Technology & Infrastructure

All Sites, Antenna Structure, Verified

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Utility Lease Market Valuation Analysis

Cash Flow Analysis

Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.