309 18Th StAntioch, CA 94509

Property Details for 309 18Th St

Year built

2009

Lot size

0.33 AC

Property size (Sq ft)

1,920 SF

Property type

Office buildings

APN

065-152-050-4

APU

651520504

Description

This exceptional executive office building, located at 309 E 18th Street in Antioch, California (zip code 94509), presents a compelling investment opportunity. The property boasts a total of 2,600 square feet situated on a 0.33-acre lot. The building features approximately 2,000 square feet of office space and approximately 600 square feet of warehouse space, ideal for a variety of business needs. The office area includes four executive offices, a reception area, and a dedicated conference room, providing ample space for both individual work and collaborative efforts. Additional storage is available in a large shed located on the property. The property also benefits from a significant amount of yard space surrounding the building. Convenient highway access via Highway 4 ensures easy commuting and accessibility. The building is currently vacant with a 30-day notice period, offering immediate occupancy. Financing options are available, with up to 90% financing potentially attainable. This property is a rare find in Antioch, combining prime location, versatile space, and significant potential for return on investment. Do not disturb the tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,005,010

  6.5%

  $927,703

  7%

  $861,439

• Comparable approach

  Method

  Valuation

  Relative Method

  $634,163

  Geo Method

  $274,138

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,821,790

  Retail / Commercial

  $935,112

  Mixed-Use / Specialty

  $932,496

  Hospitality / Lodging

  $685,076

  Institutional / Educational

  $969,676

  Residential Income

  $1,134,520

  Multifamily

  $1,356,710

  Automotive / Energy

  $831,151

  Parking / Income-Based Land

  $286,112

  Restaurant / Food Service

  $486,529

  Healthcare / Senior Housing

  $955,522

Location Insight

City

Antioch

County

Contra Costa

State

California

Latitude

38.0053

Longitude

-121.799

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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