3090 Castro Vly Blvd Castro Valley, CA 94546-5510
- Strip malls
- 22,109 SF
- 2.00 lot acres
Current Use by Public Records
- Strip malls
Property Details for 3090 Castro Vly Blvd
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 2.00 lot acres
- Property size
- 22,109 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 84A-128-2-9
- APU
- 84A12829
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,785,000
- 6.5%
- $6,265,000
- 7%
- $5,815,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $8,740,000
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Location Insight
- Map
- Local Demand
- City
- Castro Valley
- County
- Alameda
- State
- California
- Longitude
- -122.082
- Latitude
- 37.696
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA