Property profile

2901 Las Positas Rd Livermore, CA 94551

FOR SALE
Commercial land
Property ID
US09-7889797
0.93 ac lot
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.93-acre commercial property presents a unique investment opportunity in the desirable city of Livermore, California. Located at 2901 Las Positas, the site boasts a highly visible location within an attractive and well-maintained urban environment. The property's zoning designation, Neighborhood Business Commercial (CNB), offers considerable flexibility for a diverse range of commercial ventures. Permitted uses include, but are not limited to, restaurants, retail establishments, pharmacies, supermarkets, banking facilities, catering businesses, medical offices, and childcare centers. This versatility makes it an ideal site for entrepreneurs seeking a strategic location with significant development potential. The expansive 0.93-acre lot provides ample space for construction or expansion, catering to a variety of business needs and scales. The property's location within Livermore ensures access to a thriving community with a strong local economy and a robust consumer base. This presents a compelling opportunity for investors and developers seeking a prime commercial site in a highly sought-after area. The asking price of $2,500,000 reflects the property's significant potential and strategic location within the Livermore commercial landscape. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.93 ac (40,407 SF)
APN 99-15-67
UPID US09-7889797

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center

Location

2901 Las Positas Rd Livermore, CA 94551
Livermore metro Census 451401 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
5 recorded transactions
2016
Price N/A
2016
$725,000
2016
Price N/A
1969
Price N/A
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message