20757 Lake Chabot RdCastro Valley, CA 94546

  • Retail properties
  • 2,100 SF
For Sale
$500,000 View listing

Property Details for 20757 Lake Chabot Rd

Year built
1978
Construction
WOOD
Lot size
0.25 AC
Property size (Sq ft)
2,100 SF
Property type
Retail properties
Property subtype
Retail space
APN
84A-181-56-2
APU
84A181562

Description

This exceptional opportunity presents the acquisition of a well-established convenience store and gas station franchise in the thriving Castro Valley, California market. Located at 20757 Lake Chabot Rd, 94546, this business enjoys a prime location with high traffic counts, surrounded by a mix of commercial, industrial, and retail businesses. The current operation is structured as a percentage sub-lease, generating revenue streams from various sources. These include a percentage of gas sales (averaging 90,000 gallons per month), a share of lottery ticket sales, and substantial income derived from a full off-site ABC license for the sale of beer, wine, and liquor. The franchisee's responsibilities are limited to store inventory management; all gas station equipment is owned and maintained by the parent company, eliminating environmental compliance and equipment maintenance burdens. The property owner is open to offers for the purchase of the underlying real estate in addition to the business itself. This turnkey operation offers a compelling investment opportunity with significant potential for growth and profitability in a desirable location. The business is ready for immediate operation and presents a rare chance to acquire a profitable, established enterprise.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,425,768
    6.5%
    $1,316,094
    7%
    $1,222,087
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,747,913
    Geo Method
    $1,475,992
  • Alternative Use

    Use
    Valuation
    Residential
    $1,110,174
    Hospitality
    $1,016,914
    Educational
    $846,060
    Medical
    $875,157
    Retail
    $1,316,094
20757 Lake Chabot Rd, Castro Valley, California

Location Insight

City
Castro Valley
County
Alameda
State
California
Latitude
37.6947
Longitude
-122.087
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
2023
$22,766
$1,020,000
$484,500
$1,504,500
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].