1625 Buchanan RdPittsburg, CA 94565

Property Details for 1625 Buchanan Rd

Year built

1970

Lot size

5.00 AC

Property size (Sq ft)

1,152 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

088-030-021-5

APU

880300215

Description

This exceptional 5-acre commercial land parcel, totaling 217,800 square feet, is strategically located at 1625 Buchanan Road in Pittsburg, California (zip code 94565), within Contra Costa County. The property boasts significant frontage on Buchanan Road, offering unparalleled visibility and accessibility. Approximately 3.5 acres are flat and ready for development. The lot features RS-6 and NC (Neighborhood Commercial) zoning, permitting a wide range of commercial uses, including but not limited to quick-service restaurants (QSRs), gas stations, hotels, restaurants, equipment rentals, and more. Previous uses include two 1000 sq ft retail showrooms, formerly occupied by Highland Rock City & Garden Center. This prime location benefits from proximity to major retail centers, Highland Square, numerous restaurants, and shopping amenities, ensuring high traffic and visibility. The property's large size and versatile zoning make it an ideal investment opportunity for developers seeking to capitalize on the area's strong daytime and nighttime population and the significant number of business professionals traveling through the area. The APN is 088-030-021-5. The asking price is $2,290,000.

• CAP approach

  CAP return

  Valuation

  6%

  $532,065

  6.5%

  $491,137

  7%

  $456,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $380,498

  Geo Method

  $321,304

• Alternative Use

  Use

  Valuation

  Residential

  $609,010

  Hospitality

  $557,850

  Educational

  $464,124

  Medical

  $480,086

  Retail

  $721,971

Location Insight

City

Pittsburg

County

Contra Costa

State

California

Latitude

37.9984

Longitude

-121.866

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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