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Property profile & analytics
OFF-MARKET Estimated value $1,610,000
Investment properties

2881 Castro Vly Blvd Castro Valley, CA 94546-5566

12,063 SF 0.35 ac lot Built 1979
Individually Owned 22-yr Hold Free & Clear
Property ID
US09-9181148
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1979
Construction WOOD
Total area 12,063 SF
Lot 0.35 ac (15,392 SF)
APN 84A-17-6-1
UPID US09-9181148
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.61M
Owner & transaction history
Kuzni,tr · 22 yrs held
Kuzni,tr
since 2004
4 recorded transactions
2004
Price N/A
1994
$416,000
1994
$632,434
1993
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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