Mixed-Use Landmark in Castro
3137 Castro Valley Blvd Castro Valley, CA 94546
3137 Castro Valley Blvd, Castro Valley, CA, 94546
$4,000,000
For Sale
$4,000,000
Classic mixed-use building with retail, office, and residential spaces.
Property Size20,232 SF
Price / SF$197.71
Days on Market158
Property Features for 3137 Castro Valley Blvd
General Information
- Standard status
- Active
- Size
- 20,232 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1951
Listing Agency
COLDWELL BANKER REALTY
(925) 837-4100
Listed by
MIKE AHERN
Source
Corcoran
Added: Feb 12 Checked: Jul 20 at 4:15 am
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This classic mixed-use building is located in the heart of the valley and has been a landmark for many years. The building has a total size of 20232 square feet and features ground floor retail space, a second-floor office, and a third-story residential area.
Key Highlights
- Landmark building with established presence.
- Mixed‑use property (retail, office, residential).
- Located in the heart of the valley.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $565.7k | $27.96 |
| − Vacancy | −$32.8k | −$1.62 |
| EGI | $532.9k | $26.34 |
| − OpEx | −$239.8k | −$11.85 |
| NOI | $293.1k | $14.49 |
20,232 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Retail
$92.24M
$80.71M – $107.61M
NOI $6,456,567 @ 7.0% cap · market cap 161.41%
Second Best
Mixed Use
$5.85M
$5.12M – $6.83M
NOI $409,698 @ 7.0% cap · market cap 10.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Classic mixed-use building with retail, office, and residential spaces.
Where is this mixed-use property located?
The property is located at 3137 Castro Valley Blvd Castro Valley, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Landmark building with established presence.; Mixed‑use property (retail, office, residential).; Located in the heart of the valley.
