628 2Nd StRodeo, CA 94572

Property Details for 628 2Nd St

Year built

1950

Lot size

0.09 AC

Property size (Sq ft)

1,218 SF

Zone code

P-1

Property type

Retail space

APN

357-171-003-1

APU

3571710031

Description

This exceptional commercial property, located at 628 2nd St in Rodeo, CA, presents a unique redevelopment opportunity. Situated on a substantial 3750 square foot lot, the property previously housed two retail spaces, including a barber shop. While damaged by fire, the building's frame remains intact, offering a solid foundation for a complete restoration. The existing structure provides a significant head start on the rebuilding process, minimizing some of the initial construction challenges. The expansive lot offers ample space for parking, outdoor storage, or potential expansion of the building footprint. This presents a versatile canvas for a variety of commercial ventures. The property's location in Rodeo offers excellent visibility and accessibility, making it an ideal site for a range of businesses. This is a chance to acquire a large lot in a desirable location and create a thriving commercial space. Buyers are encouraged to conduct their own due diligence and consult with contractors to assess the scope of the restoration project and determine the feasibility of their vision. The property is being sold as-is. Don't miss this chance to capitalize on this prime Rodeo location and create a remarkable commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $541,290

  6.5%

  $499,652

  7%

  $463,962

• Comparable approach

  Method

  Valuation

  Relative Method

  $645,148

  Geo Method

  $856,075

• Alternative Use

  Use

  Valuation

  Residential

  $421,475

  Hospitality

  $386,069

  Educational

  $321,205

  Medical

  $332,252

  Retail

  $499,652

Location Insight

City

Rodeo

County

Contra Costa

State

California

Latitude

38.0364

Longitude

-122.267

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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