408 O StAntioch, CA 94509

  • Retail properties
  • 7,108 SF
For Sale
$1,050,000 View listing

Property Details for 408 O St

Year built
1947
Lot size
0.52 AC
Property size (Sq ft)
7,108 SF
Property type
Retail properties
Property subtype
Retail space
APN
074-130-012-3
APU
741300123

Description

This exceptional commercial property, located at 408 O Street, Suite 416 in Antioch, California, presents a unique investment opportunity. Priced at $1,050,000, this free-standing building offers a versatile space ideal for a variety of commercial uses. The property sits on a 0.52-acre lot and is zoned for the Downtown Specific Plan, providing flexibility for potential business ventures. The building itself features multiple separate rooms and bathrooms, catering to diverse operational needs. A significant advantage is the gated parking area, capable of accommodating over 30 vehicles, ensuring ample space for employees, customers, or inventory. Its convenient location offers easy access to major transportation arteries, including freeway connections, placing the property within close proximity to key commercial hubs. The property's proximity to established businesses like Costco and the Somerville shopping center further enhances its appeal and potential for high visibility and customer traffic. The property is being sold "as is." This presents a chance to acquire a well-situated commercial building with significant potential for immediate occupancy or redevelopment. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,825,885
    6.5%
    $4,454,664
    7%
    $4,136,473
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,916,268
    Geo Method
    $2,557,498
  • Alternative Use

    Use
    Valuation
    Residential
    $3,757,675
    Hospitality
    $3,442,010
    Educational
    $2,863,712
    Medical
    $2,962,200
    Retail
    $4,454,664
408 O St, Antioch, California

Location Insight

City
Antioch
County
Contra Costa
State
California
Latitude
38.0149
Longitude
-121.824
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,276
$477,543
$424,483
$902,026
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FAQs

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