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    14280 San Pablo Ave San Pablo, CA 94806-3328
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    Property profile & analytics

    14280 San Pablo Ave, San Pablo, CA 94806-3328

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    • Retail space
    • 14,820 SF
    • 1.37 lot acres
    Off-Market
    Last Sale Dec 1, 2023
    $5,255,500
    Property ID
    US09-3303299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,105,000
    Show details
    Cap Rate Potential
    4.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 14280 San Pablo Ave

    Year built
    2010
    Lot size
    1.37 lot acres
    Property type
    Retail space
    APN
    416-160-056-6
    APU
    4161600566

    Description

    This exceptional investment opportunity presents a 14,740-square-foot Walgreens located in San Pablo, California, within the San Francisco MSA. The property sits on a 1.37-acre lot at 14280 San Pablo Avenue, boasting excellent visibility and access with high daily traffic counts on San Pablo Avenue (20,490 VPD) and proximity to El Portal Drive (14,421 VPD) and Interstate 80 (172,000 VPD). The Walgreens enjoys a prominent position in a primary retail and commercial corridor, surrounded by complementary businesses including AutoZone, Starbucks, and AT&T. The location benefits from its proximity to a significant student population, including Contra Costa College, Helms Middle School, and Middle College High School. Within a 3-mile radius, the area offers a robust mix of retail (6.9 MSF), office (1.9 MSF), industrial (10.4 MSF), and multifamily (12,404 units). The property features a NNN lease with a remaining term of approximately 14 years, expiring November 30, 2038. The lease includes twelve 5-year renewal options with a 5% rent increase every 5 years and in each option period. The current asking price is $6,443,478, representing a price per square foot of $437.14 and a 5.75% cap rate with a Net Operating Income (NOI) of $370,500. This presents a compelling investment opportunity in a thriving market with a strong, established tenant and significant long-term growth potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,905,000
      ML approach
      $5,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,320,000
      6.5%
      $3,065,000
      7%
      $2,850,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,032,000
      Market price range: $1.45M - $4.03M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,480,000
      MEDICAL BUILDING
      $5,385,000
      COMMERCIAL (GENERAL)
      $4,190,000
      AUTO REPAIR, GARAGE
      $3,825,000
      OFFICE BUILDING
      $3,665,000
      APARTMENT HOUSE (5+ UNITS)
      $3,405,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Pablo
    County
    Contra Costa
    State
    California
    Longitude
    -122.345
    Latitude
    37.9647
    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
    $73,077
    $2,000,000
    $3,255,300
    $5,255,300
    -
    $0.00
    $0.00
    $0.00
    More about this property
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