1934 1St StLivermore, CA 94551

Property Details for 1934 1St St

Year built

2023

Construction

WOOD

Lot size

4.04 AC

Property size (Sq ft)

212,048 SF

Property type

Apartment buildings

APN

98-413-1

APU

984131

Description

This exceptional mixed-use property, Legacy at Livermore, presents a prime retail leasing opportunity in the heart of downtown Livermore. Built in 2021, this 11,385 square foot building sits on a generous 4.04-acre lot and offers multiple tenancy options. Currently, there is 11,679 square feet of vacant space available, perfect for a variety of retail businesses. Units range in size from a minimum of 730 square feet to a maximum contiguous space of 2,115 square feet, providing flexibility for businesses of different scales. The property's strategic location in downtown Livermore ensures high visibility and accessibility to a thriving community. This new development offers a unique chance to establish a presence in a vibrant and growing area. The building's modern design and ample space make it an ideal location for businesses seeking a prominent and attractive storefront. With its multiple tenancy options and substantial vacant space, Legacy at Livermore is poised to become a bustling hub of activity. Alameda County location adds to its appeal. Contact us today to explore the possibilities and secure your space in this exciting development.

• CAP approach

  CAP return

  Valuation

  6%

  $66,821,020

  6.5%

  $61,680,940

  7%

  $57,275,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $91,670,576

  Geo Method

  $91,670,576

• Alternative Use

  Use

  Valuation

  Residential

  $61,680,940

  Hospitality

  $56,499,412

  Educational

  $47,006,848

  Medical

  $48,623,484

  Retail

  $73,121,760

Location Insight

City

Livermore

County

Alameda

State

California

Latitude

37.6815

Longitude

-121.772

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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