Property profile

10252 San Pablo Ave El Cerrito, CA 94530

FOR SALE
Retail space
Property ID
US09-2261835
3,192 SF 0.16 ac lot Built 1950
Trust Owned 15-yr Hold Absentee Owner Free & Clear
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10252 San Pablo Ave, El Cerrito, CA 94530 For Sale
Contact for pricing 3,192 SF
10252 San Pablo Ave, El Cerrito, CA 94530
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Property summary

AI-generated overview

This exceptional 22,215 sq ft lot at 10252-10280 San Pablo Ave, El Cerrito, CA 94530 presents a unique redevelopment opportunity. Currently vacant, this property offers significant potential for various retail uses, including restaurant and storefront options. The asking price is $2,100,000. Located in downtown El Cerrito, the property benefits from convenient access to nearby freeways and public transportation, ensuring high visibility and accessibility. The surrounding area boasts a vibrant mix of businesses, including grocery stores, coffee shops, convenience stores, and other retailers, creating a strong commercial environment. Three preliminary redevelopment options are available, with one opportunity aligning with SB 330 guidelines and two additional options for consideration. This property is ideal for investors seeking a prime location with significant upside potential in a thriving California market. The property's size and location make it an attractive proposition for a variety of retail concepts. This is a chance to acquire a substantial property in a desirable area with the flexibility to create a tailored retail space. Don't miss this chance to capitalize on this exciting redevelopment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 3,192 SF
Lot 0.16 ac (7,000 SF)
APN 503-394-014-8
UPID US09-2261835

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10252 San Pablo Ave El Cerrito, CA 94530
El Cerrito metro Census 388000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
1965
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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