Retail Space with Walk-In
For Sale
Contact for pricing
3223 Castro Valley Blvd, Castro Valley, CA 94546
Street-level premises include fire sprinklers, a walk-in freezer, and rear parking.
Property Size3,500 SF
Price / SF$4
Days on Market59
Property Features for 3223 Castro Valley Blvd
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Comm Ind For Lease
Additional Details
Floor
Ground
Sprinkler System
Yes
Property Use
Office
Amenities
walk-in cooler
walk-in freezer
Building Details
Year Built
1949
Listing Agency:
Michael James Real Estate
Listed By:
Yinghui Qiang
(510) 999-6313
Source:
Jpnrealty
Added: Sep 3
Changed: Oct 28
Last Checked: Oct 28 at 3:43PM
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 Michael James Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500-square-foot retail space was built in 1949 and occupies a street-level position. Building features include a fire sprinkler system, walk-in cooler, and walk-in freezer, with parking available behind the property and along the street.
At 3223 Castro Valley Blvd in Castro Valley, the property is within the downtown business district, near retail, restaurants, services, and major transportation routes. The layout is described as suitable for retail, office, or other business uses.
At 3223 Castro Valley Blvd in Castro Valley, the property is within the downtown business district, near retail, restaurants, services, and major transportation routes. The layout is described as suitable for retail, office, or other business uses.
Key Highlights
- 3,500‑square‑foot street‑level retail space
- Walk‑in cooler and walk‑in freezer
- Fire sprinkler system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,116,943
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,338,860
$22.3M
Cap Rate 7%
$15,956,329
$16.0M
Cap Rate 9%
$12,410,478
$12.4M
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$1.73M $495.00/SF
− Vacancy
−$136.9K −$39.11/SF
EGI
$1.60M $455.90/SF
− OpEx
−$478.7K −$136.77/SF
NOI
$1.12M $319.13/SF
Area
Alameda County, CA
Vacancy
7.90%
Lease Rate
$495.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,338,860
Cap Rate 7%
$15,956,329
Cap Rate 9%
$12,410,478
Alternative Uses
Best Use
Retail
$15.96M
$13.96M – $18.62M
NOI $1,116,943 @ 7.0% cap · market cap 7,978.16%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,523
Businesses Nearby
Explore this area
Business Placement
Demographics for 94546, CA
46,687
Population
16,398
Households
2.8
Avg Household Size
40
Median Age
41%
College-Educated
90%
High-School Grad
16.0 sq mi
ZIP Area
2,918
Density / Sq Mi
$125,780
Median Household Income
$66,737
Median Earnings
$2,506
Median Rent
$976,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Street-level premises include fire sprinklers, a walk-in freezer, and rear parking.
Where is this retail space located?
The property is located at 3223 Castro Valley Blvd Castro Valley, CA.
What are key features of this property?
This property features: 3,500‑square‑foot street‑level retail space; Walk‑in cooler and walk‑in freezer; Fire sprinkler system
