982 Dolores Ave Los Altos, CA 94024-6010
This exceptional 825-square-foot retail property, situated on a 0.12-acre lot in Los Altos, California (APN 189-15-041), presents a compelling investment opportunity. Currently zoned CN-Commercial Neighborhood Loyola Corners Specific Plan (LCSP), the property is ideally suited for owner-occupancy or redevelopment. The single-story building previously housed a catering kitchen. Its prime location offers unparalleled access to a thriving commercial district, boasting proximity to major employers such as Google, Intuit, and Stanford University, as well as popular retail destinations including Whole Foods, Safeway, and Target. The property's adjacency to Foothill Expressway ensures convenient access for commuters and residents. The asking price is $2,000,000. This high-traffic area, with its established businesses and strong consumer base, makes this property an attractive prospect for a variety of retail ventures. The property's location near the Loyola Corners Postal Office further enhances its visibility and accessibility. The surrounding area also features numerous casual dining and fast-food restaurants, creating a vibrant and bustling commercial environment. This presents a unique opportunity to capitalize on the high demand for retail space in this desirable Los Altos location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Los Altos, CALos Altos. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.