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Property profile & analytics
OFF-MARKET Estimated value $2,320,000
Retail space

1175 Homestead Rd Sunnyvale, CA 94087-5156

4,414 SF 0.43 ac lot Built 1979
Individually Owned 4-yr Hold Free & Clear
Property ID
US09-2425126
Property summary
AI-generated overview

This exceptional business opportunity presents a rare chance to acquire a well-established liquor store in Sunnyvale, CA, situated on a 0.42-acre lot at 1175 Homestead Road. The property boasts a prime location within a high-traffic area, ensuring consistent customer flow. The core business is a thriving liquor store, complemented by an already-operational Indian food truck with a dedicated dining area designed to enhance the customer experience and maximize revenue. This integrated setup offers a unique and synergistic business model. Further potential for increased profitability exists through the activation of currently unused, but fully equipped, deli sandwich station and Western Union services. The sale includes all necessary tools and equipment for the food truck, providing a turnkey solution for immediate operation and expansion. This versatile investment offers multiple income streams and significant growth potential in a desirable location. The property is priced at $800,000 and presents a compelling opportunity for a savvy investor seeking a diverse and established business with immediate revenue generation and significant upside. The property's size and location make it an ideal investment for those seeking a strong return on investment in a thriving California market. The existing infrastructure and multiple revenue streams minimize start-up costs and maximize immediate profitability.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction WOOD
Total area 4,414 SF
Lot 0.43 ac (18,730 SF)
Zoning code C1
APN 313-42-062
UPID US09-2425126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Astrologer & Psychic in California, USA Astrologer
  • Sneha's Gifts and Wine (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • New Delhi Chaat Restaurant
  • Western Union Bank Credit Union
  • Margarita’s Taqueria - Mobile Mexican Food Truck Service Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.18M
Blend (final) Blend
$2.32M
Owner & transaction history
Deborah A Yerman · 4 yrs held
Deborah A Yerman
since 2022
Last sale
$2.4M
4 recorded transactions
2022
$2.4M
2005
Price N/A
1992
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.8M +11.7%
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