Freestanding Building with Aftercare
For Sale
Contact for pricing
1942 Linda Dr, Pleasant Hill, CA 94523
Freestanding mixed-use building with an active conditional use permit for aftercare services for up to 30 students.
Property Size2,500 SF
Price / SF$480
Days on Market188
Property Features for 1942 Linda Dr
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail, Mixed Use
Zoning
MX
Investment Type
Owner/User
Building Details
Year Renovated
2005
Listing Agency:
Colliers International Walnut Creek
Listed By:
Eric Erickson · License #CA 01177336
(925) 200-1643
Source:
Crexi
Added: Apr 18
Changed: Oct 13
Last Checked: Oct 20 at 8:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers International Walnut Creek
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Investment Insights
Based on property information with market context.
Offered for sale (or lease), this freestanding commercial building provides approximately 2,500 square feet of space and operates under an active conditional use permit for aftercare services for up to 30 students. The property is zoned mixed use (MX), supporting a broad range of commercial, residential, office, and live/work uses, including higher-density residential and neighborhood-serving retail consistent with the City of Pleasant Hill’s mixed-use framework.
The asset is located just behind Casper’s off Contra Costa Boulevard in the heart of Pleasant Hill, with access to major retail corridors and neighborhood amenities.
For buyers or owner-users, the existing permitted aftercare use provides an established operating framework while the MX zoning supports flexibility for future redevelopment or alternative allowed uses.
The asset is located just behind Casper’s off Contra Costa Boulevard in the heart of Pleasant Hill, with access to major retail corridors and neighborhood amenities.
For buyers or owner-users, the existing permitted aftercare use provides an established operating framework while the MX zoning supports flexibility for future redevelopment or alternative allowed uses.
Key Highlights
- 2,500 SF freestanding commercial building in Pleasant Hill, CA
- Zoned mixed use (MX), allowing commercial, residential, office, and live/work uses
- Active conditional use permit for aftercare services for up to 30 students
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,813
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,260
$776.3K
Cap Rate 7%
$554,471
$554.5K
Cap Rate 9%
$431,256
$431.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$67.5K $27.00/SF
− Vacancy
−$5.4K −$2.16/SF
EGI
$62.1K $24.84/SF
− OpEx
−$23.3K −$9.32/SF
NOI
$38.8K $15.53/SF
Area
Contra Costa County, CA
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,260
Cap Rate 7%
$554,471
Cap Rate 9%
$431,256
Alternative Uses
Best Use
Mixed Use
$554.5K
$485.2K – $646.9K
NOI $38,813 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$945.0K
$826.9K – $1.10M
NOI $66,150 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,498
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 94523, CA
35,272
Population
14,585
Households
2.4
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$142,622
Median Household Income
$74,832
Median Earnings
$2,479
Median Rent
$1,038,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Day care center - Freestanding mixed-use building with an active conditional use permit for aftercare services for up to 30 students.
Where is this day care center located?
The property is located at 1942 Linda Dr Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,500 SF freestanding commercial building in Pleasant Hill, CA; Zoned mixed use (MX), allowing commercial, residential, office, and live/work uses; Active conditional use permit for aftercare services for up to 30 students
