482 Manor PlzPacifica, CA 94044

Property Details for 482 Manor Plz

Lot size

0.18 AC

Zone code

CL00C1

Property type

Office buildings

APN

009-134-390

APU

9134390

Description

This exceptional 6,049 square foot commercial property is located in Pacifica's vibrant Manor Plaza, a high-visibility, high-traffic area. Situated on a 0.18-acre lot, this versatile building presents a significant investment opportunity for entrepreneurs and business owners. The space is adaptable to a variety of uses, including retail or office, and its prime location within a bustling retail and dining hub guarantees excellent exposure to potential customers. Ample parking ensures convenient access for both tenants and patrons. The property benefits from strong foot traffic and consistent demand, surrounded by established businesses, residential areas, and popular coastal attractions. The interior features two updated bathrooms and a recently updated HVAC system. The property currently generates $15,840 in annual income from a Wells Fargo ATM lease, secured through 2028 with two additional five-year renewal options available to the tenant. The large space can be easily subdivided to accommodate multiple tenants, maximizing rental income potential. This presents a rare opportunity to acquire a valuable asset in Pacifica's thriving commercial market, capitalizing on the city's increasing demand for commercial properties. The asking price is $2,399,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,426,387

  6.5%

  $2,239,742

  7%

  $2,079,761

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,725,192

  Geo Method

  $2,203,389

• Alternative Use

  Use

  Valuation

  Residential

  $2,777,280

  Hospitality

  $2,543,974

  Educational

  $2,116,556

  Medical

  $2,189,348

  Retail

  $3,292,421

Location Insight

City

Pacifica

County

San Mateo

State

California

Latitude

37.6499

Longitude

-122.492

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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