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    802 El Camino Real Qsr 1 Greenfield, CA 93927

    Sponsored
    For Lease
    $84 SF/Yr ($11,250 /Mo)

    1,600 sq ft Restaurant Pad, Drive-Thru, High Visibility

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,600 square foot quick-service restaurant pad, situated on a 0.75-acre lot in Greenfield, California, presents a unique investment opportunity. Located at 802 El Camino Real, this fully entitled property boasts a prime location with high visibility from Highway 101, experiencing approximately 35,000 vehicles per day. The ground lease offers an 180-month term at an annual rate of $135,000. The property is designed for a single tenant and includes a drive-thru. The developer will complete both on-site and off-site improvements, ensuring a ready-to-build condition with utilities already in place. Conditional use permits will be secured for designated uses, including drive-thrus. This development is strategically co-located with a new gas station, market, car wash, and truck fueling center, creating a synergistic retail environment and maximizing exposure to the high traffic volume on Highway 101. This turnkey opportunity is ideal for a quick-service restaurant seeking a high-traffic location in a growing market within Monterey County, zip code 93927.

    Property Features for 802 El Camino Real Qsr 1

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF
    Total Rate
    11250.67

    Unit(s) available at that property

    Space
    Size
    1,600 SF
    Rate per SF
    $84
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenfield
    County
    Monterey
    State
    California
    Longitude
    -121.254654
    Latitude
    36.337209

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    FAQs

    What type of property is this?
    Restaurant - 1,600 sq ft Restaurant Pad, Drive-Thru, High Visibility
    Where is this restaurant located?
    The property is located at 802 El Camino Real Qsr 1 Greenfield, CA.
    What is the lease rate?
    The lease rate is $84 SF/Yr.
    Request Owner's contact information
    802 El Camino Real Qsr 1 Greenfield, CA 93927
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    Greenfield, CA 93927
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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
    802 El Camino Real Qsr 1 Greenfield, CA 93927
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