432 E Glenwood Ave, Turlock, CA 95380, Turlock, 95380 - 2 bed, 1 bath
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432 E Glenwood Ave
Turlock, CA 95380
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,200Sq Ft
348,480Lot Size
Property Price
LIST PRICE$2,500,000
EST. MARKET VALUE
$2,498,801
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,500,000—positioned well below the $2,498,802 Fair Market Value (effectively at market). Featuring a Fair Condition Rating (4/10), the site offers significant upside through its unique Morgan Ranch Master Plan zoning (HDR, CC, O, PUB) and massive 348,480 SF lot. With existing infrastructure including a 1,200 SF home, apartment unit, and shop, this asset provides immediate utility while awaiting development. This is an ideal acquisition for Commercial Developers or Buy-and-Hold Investors targeting long-term growth.
Estimated Market Value
$2,498,801
Based on Realkey algorithm analyzing recent comparable sales in Turlock.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 E Glenwood Ave Subject 2 bd · 1 ba · 1,200 sqft · $2,082 | $2,500,000* List Price | 2 | 1 | 1,200 | $2,082 | - |
A 432 E Glenwood Avenue Active 2 bd · 1 ba · 1,200 sqft · $2,083 · 0.1 mi | $2,500,000 List Price | 2 | 1 | 1,200 | $2,083 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1946, the home is functional but highly dated. The kitchen features older oak cabinetry and vinyl flooring from a past renovation (>20 years ago). The presence of window/wall AC units indicates a lack of modern central HVAC systems. While clean and livable, the property requires comprehensive cosmetic updates and system modernizations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 348480, living area = 1200.
- High-Yield Development Potential
As the only parcel in the Morgan Ranch Master Plan featuring three distinct zones (HDR, CC, O, PUB), this property offers unparalleled investment upside and diverse development opportunities.
- Strategic Highway Exposure
The property's significant exposure to Highway 99 provides exceptional visibility, making it a prime location for future commercial, office, or high-density residential projects.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =348480, other record lot size in square feet = 359805.
- Extended Market Duration
With over 430 days on the market, the property may face perception challenges regarding its pricing or the complexity of the development timeline.
- Infrastructure Dependency
The ultimate return on investment is heavily reliant on the City of Turlock's execution of the Morgan Ranch infrastructure plans and final zoning approvals.
About 432 E Glenwood Ave
New zoning on the way! Contact Robin for more information. Welcome to the future Morgan Ranch development! Infrastructure plans are in play through the city of Turlock! Purchase today and enjoy the property then join in the investment side of things for a great return on your investment in a few years! Morgan Master Plan is attached. Exposure to HWY 99 gives this a rare opportunity for the future zoning. This parcel is the only one zoned with three profit opportunities, HDR,CC,O,PUB See attached Morgan Ranch Master Plan for details Enjoy the spacious land with a charming 1200 SF home including a full size basement. A separate garage for RV's or toys and a two car garage attached to a sweet apartment style unit. A good size shop and acres to lease for agriculture. Your investment could be rewarded immensely as this property is the only parcel in the Morgan Ranch master plan with THREE zones for the maximum return on investment.This property can be approved to split the lot. Buyer responsible to investigate all terms.DONT MISS THE MATTERPORT 3D PHOTOS AND THE VIDEO ATTACHED!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 348,480 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,200 | 1,702.221 |
| Lot Size | 348,480 | 6,940.035 |
| Price | $2.50M | $536.4K |
| Price per sq ft | $2.1K | $303 |
| Built year | 1946 | 1989 |
| HOA | $0 | $246 |
| Days on market | 463 | 45 |
Pricing History
Listed for Sale
Jul 18, 2025
$2,500,000
Initial Listing