6113 Bridgehead RdOakley, CA 94561

Property Details for 6113 Bridgehead Rd

Year built

1961

Construction

WOOD FRAME

Lot size

0.45 AC

Property size (Sq ft)

812 SF

Zone code

HI

Property type

Office properties

Property subtype

Office buildings

APN

051-040-064-1

APU

510400641

Description

This exceptional 812-square-foot commercial office building presents a compelling investment opportunity in Oakley, CA. Situated on a sizable 0.45-acre lot, the property boasts a prime location within a designated Opportunity Zone, offering significant tax advantages for qualified buyers. The building has undergone recent renovations, including fresh paint and a remodeled bathroom, enhancing its appeal and functionality. The interior comprises three private offices, providing ample space for various business needs. Additional features include abundant parking and a dedicated storage area, catering to the diverse requirements of modern businesses. The property's zoning allows for a mix of light industrial uses and some retail support, making it suitable for a wide range of commercial ventures. Its strategic location within a high-traffic area, adjacent to a large light industrial neighbor, ensures excellent visibility and accessibility. The fully fenced lot provides security and privacy. This property is ideally positioned to capitalize on the ongoing development in the area, presenting a unique chance to establish or expand a thriving business. The combination of its renovated interior, generous lot size, flexible zoning, and prime location makes this an exceptional investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $375,032

  6.5%

  $346,183

  7%

  $321,456

• Comparable approach

  Method

  Valuation

  Relative Method

  $268,198

  Geo Method

  $115,937

• Alternative Use

  Use

  Valuation

  Residential

  $429,267

  Hospitality

  $393,207

  Educational

  $327,143

  Medical

  $338,394

  Retail

  $508,890

Location Insight

City

Oakley

County

Contra Costa

State

California

Latitude

38.0131

Longitude

-121.751

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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