4047 1St StLivermore, CA 94551

Property Details for 4047 1St St

Year built

1982

Construction

TILT-UP CONCRETE

Lot size

0.98 AC

Property size (Sq ft)

33,900 SF

Property type

Office properties

Property subtype

Office buildings

APN

99-40-30

APU

994030

Description

The Crown Building, located at 4047 First St, Livermore, CA 94551, presents a fantastic opportunity for businesses seeking office space in a desirable location. This two-story, 33,321 square foot building, constructed in 1982 and renovated in 2020, offers a blend of classic charm and modern functionality. Currently, 5,000 square feet of space is available, divisible into units as small as 200 square feet, with a maximum contiguous space of 3,500 square feet. The building features a total of four suites, providing flexibility for various business needs. Amenities include ample parking with 80 spaces, and convenient access to downtown Livermore and major freeways via N Mines Cross Street. The building boasts a 9-foot ceiling height throughout, and includes multiple bathrooms and breakrooms. The property sits on a 0.98-acre lot and is zoned for light industrial mixed use. This move-in ready space is perfect for businesses seeking a well-maintained, conveniently located office in a thriving California community. The building's location offers easy access to both downtown Livermore and major transportation arteries.

• CAP approach

  CAP return

  Valuation

  6%

  $8,615,033

  6.5%

  $7,952,338

  7%

  $7,384,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,455,049

  Geo Method

  $9,455,049

• Alternative Use

  Use

  Valuation

  Residential

  $9,860,899

  Hospitality

  $9,032,531

  Educational

  $7,514,960

  Medical

  $7,773,410

  Retail

  $11,689,937

Location Insight

City

Livermore

County

Alameda

State

California

Latitude

37.6932

Longitude

-121.748

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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