Mixed-Use Property with Highway
3608 Happy Valley Rd, Lafayette, CA 94549
For Sale
Contact for pricing
The Happy Valley Road property offers access to Highway 24 in Downtown Lafayette.
Property Size1,092 SF
Lot Size0.09 Acres
Price / SF$641.03
Days on Market24
Property Features for 3608 Happy Valley Rd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Listing Agency:
AiCRE Partners
Listed By:
Matt Hagar, SIOR, MSRE, CCIM · License #01896662
Source:
Crexi
Added: Oct 17
Changed: Nov 8
Last Checked: Nov 8 at 3:29PM
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 AiCRE Partners
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Investment Insights
Based on property information with market context.
This mixed-use commercial property contains approximately 1,092 SF of building area on a 4,130 SF lot. It is located at 3608 Happy Valley Rd in Downtown Lafayette, with access to Highway 24.
Key Highlights
- ±1,092 SF commercial building
- ±4,130 SF lot
- Happy Valley Road address in Downtown Lafayette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,925
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,500
$558.5K
Cap Rate 7%
$398,929
$398.9K
Cap Rate 9%
$310,278
$310.3K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$42.6K $39.00/SF
− Vacancy
−$2.7K −$2.47/SF
EGI
$39.9K $36.53/SF
− OpEx
−$12.0K −$10.96/SF
NOI
$27.9K $25.57/SF
Area
Contra Costa County, CA
Vacancy
6.33%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,500
Cap Rate 7%
$398,929
Cap Rate 9%
$310,278
Alternative Uses
Best Use
Retail
$398.9K
$349.1K – $465.4K
NOI $27,925 @ 7.0% cap · market cap 3.99%
Second Best
Mixed Use
$242.2K
$211.9K – $282.6K
NOI $16,953 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$412.8K
$361.2K – $481.6K
NOI $28,894 @ 7.0% cap · market cap 4.13%
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,154
Businesses Nearby
281k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 21%
Dining 20%
Electronics 2%
Safeway
Groceries
57,485 visits/mo
0.3 miles
Whole Foods Market
Groceries
48,526 visits/mo
0.5 miles
Trader Joe's
Groceries
38,139 visits/mo
0.2 miles
Noah's Bagels
Dining
10,632 visits/mo
0.4 miles
Peet's Coffee & Tea
Dining
10,625 visits/mo
0.4 miles
Demographics for 94549, CA
28,637
Population
10,781
Households
2.7
Avg Household Size
45
Median Age
77%
College-Educated
99%
High-School Grad
19.8 sq mi
ZIP Area
1,446
Density / Sq Mi
$231,195
Median Household Income
$118,465
Median Earnings
$2,902
Median Rent
$1,968,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Contra Costa County, CA
Properties on Market for Mixed-use properties in Contra Costa County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The Happy Valley Road property offers access to Highway 24 in Downtown Lafayette.
Where is this mixed-use property located?
The property is located at 3608 Happy Valley Rd Lafayette, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: ±1,092 SF commercial building; ±4,130 SF lot; Happy Valley Road address in Downtown Lafayette
