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    111 Parker Ave Rodeo, CA 94572

    For Sale
    $2,500,000

    Five parcels with retail, parking, and housing potential.

    Lot size:
    1.06 Acres

    Property Features for 111 Parker Ave

    General Information

    Lot size
    1.06 Acres

    Building Details

    Year built
    1956

    Source: Security Pacific Real Estate Agent Pat Prendiville

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rodeo Mixed-Use Development Opportunity

    This offering comprises five separate parcels. The parcel at 111 Parker Avenue features an 18,750-square-foot lot currently rented for $3,400. The property at 133-135 Parker Avenue, situated on a 10,312-square-foot lot, includes a liquor store rented for $5,450 and an apartment rented for $3,000. An additional 10,312-square-foot parking lot is also included. The parcel at 185 Parker Avenue, used for car sales, includes a 250-square-foot office on 5,000-square-foot and 1,875-square-foot lots, rented for $2,100. The properties offer potential for housing, retail, and mixed-use development, with high-density possibilities. The existing leases provide cash flow while development plans are underway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rodeo
    County
    Contra Costa
    State
    California
    Longitude
    -122.2676178
    Latitude
    38.0372371

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    FAQs

    What type of property is this?
    Retail space - Five parcels with retail, parking, and housing potential.
    Where is this retail space located?
    The property is located at 111 Parker Ave Rodeo, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High cash flow from existing rentals totaling $13,950 per month.; - Five separate parcels offer diverse development opportunities.; - Potential for housing, retail, or mixed-use development.
    (510) 851-4663
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    111 Parker Ave Rodeo, CA 94572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Parker Ave Rodeo, CA 94572
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