3440 San Pablo Dam RdSan Pablo, CA 94803

  • Land
  • 2.46 AC
For Sale
$3,400,000 View listing

Property Details for 3440 San Pablo Dam Rd

Lot size
2.46 AC
Property type
Land
Property subtype
Commercial land
APN
420-130-025-0
APU
4201300250

Description

This exceptional 3.8-acre development site presents a unique investment opportunity in San Pablo, California. Located in Contra Costa County at 3440 San Pablo Dam Rd, zip code 94803, this fee simple property (APN: 420-130-025-0, 420-130-020-1, 420-130-020-3) is zoned R4, allowing for high-density residential development. The General Plan permits up to 65 units per acre, with potential for additional density bonuses, suggesting a total of 226 units are possible. This prime urban infill location offers significant upside for developers seeking to build townhomes, multi-family dwellings, a hotel, or commercial space. The site's strategic position off Interstate 80 and on San Pablo Dam Rd provides excellent visibility and accessibility. Furthermore, its adjacency to a thriving shopping center anchored by Raley's, along with Starbucks and McDonald's, enhances its desirability. The asking price is $3,400,000, translating to an attractive price per square foot of $21 and a low price per potential unit of $15,000. This presents a compelling opportunity to capitalize on the strong demand for housing and commercial space in the Inner East Bay of the San Francisco Bay Area. The property's location and zoning regulations make it an ideal candidate for a variety of development projects.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $33,718,460
    Hospitality
    $30,885,928
    Educational
    $25,696,728
    Medical
    $26,580,478
    Retail
    $39,972,688
3440 San Pablo Dam Rd, San Pablo, California
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Location Insight

City
San Pablo
County
Contra Costa
State
California
Latitude
37.9625
Longitude
-122.322
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,941
$640,159
-
$640,159
-
-
-
-

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