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Property profile & analytics
OFF-MARKET Estimated value $5,375,000
Strip malls

3090 Castro Vly Blvd Castro Valley, CA 94546-5510

22,109 SF 2 ac lot Built 1990
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US09-9332184
Property summary
AI-generated overview

This exceptional corner retail property, located at 3090 Castro Valley Boulevard in Castro Valley, California, presents a compelling investment opportunity. The 4,940 square foot building sits on a 2-acre lot and features two suites, offering flexibility for various retail uses. Built in 1990, the single-story structure boasts ample parking with 20 spaces, ensuring convenient access for customers. The property benefits from its high-visibility location at the signaled intersection of Castro Valley Boulevard and San Miguel Avenue, ensuring significant foot and vehicle traffic. Currently, one suite is available, presenting a chance to secure a space in a thriving retail center. The property's zoning is Commercial (CO), allowing for a wide range of retail businesses. The co-tenant is Nations Hamburgers, and the center includes other national and local businesses. This property is situated in Alameda County, CA, with the APN 084A-0128-002-09. The property's former occupant was Kelly Moore Paints, highlighting its prime location and visibility. With its strategic location, ample parking, and existing tenant base, this property offers a strong foundation for future growth and profitability. The property's single-story design and convenient access make it an attractive option for a variety of retail businesses. This is a rare opportunity to acquire a well-located, established retail property in a desirable market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction WOOD
Total area 22,109 SF
Lot 2 ac (87,120 SF)
APN 84A-128-2-9
UPID US09-9332184
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
$6.27M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.38M
Owner & transaction history
Gabriel H Chiu · 9 yrs held
Gabriel H Chiu
since 2016
6 recorded transactions
2023
Price N/A
2016
Price N/A
2007
$10.6M
2004
Price N/A
2002
$4.2M
1999
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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