2881 Castro Vly Blvd Castro Valley, CA 94546-5566
This exceptional 6,000 square foot retail strip center, located at 2881 Castro Valley Boulevard in Castro Valley, California (zip code 94546), presents a unique investment opportunity. The entire 6,000 square feet is currently vacant, offering flexibility for a single large tenant or the potential to be divided into smaller spaces, with a minimum divisible unit of 1,179 square feet. The property is classified as Class B and is situated in Alameda County, benefiting from its location on a signalized intersection within Castro Valley's primary retail corridor. This high-traffic location ensures significant visibility and accessibility for businesses. The property's strategic position near major roadways and a dense residential and commercial area guarantees consistent foot traffic throughout the day and evening. Hayward/Castro Valley's recent growth as a highly sought-after retail submarket in the East Bay further enhances the property's investment potential. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving community. The property offers a rare chance to establish a presence in a dynamic and rapidly developing retail area. The address is 2881 Castro Valley Blvd, Castro Valley, CA 94546.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.