4223 1St StPleasanton, CA 94566

  • Retail properties
  • 12,960 SF
For Sale
$395,000 View listing

Property Details for 4223 1St St

Year built
1963
Construction
WOOD
Lot size
1.10 AC
Property size (Sq ft)
12,960 SF
Property type
Retail properties
Property subtype
Retail space
APN
94-110-14-11
APU
941101411

Description

Own a piece of Pleasanton history with this exceptional business opportunity: Bob's Giant Burgers. Established in 1971, this independent fast-food restaurant boasts a loyal customer following and a reputation for quality food within the Tri-Valley area. Strategically located as a main anchor tenant in the Pleasant Plaza Shopping Center on busy First Street, this property benefits from high visibility and ample customer parking. The restaurant's prime location offers easy access for patrons and is within walking distance of Pleasanton's historic downtown. This turnkey operation presents a unique chance to acquire a well-established, profitable business with significant brand recognition and a strong local presence. The sale includes the established business, its existing equipment, and its prime location within the shopping center. This is an ideal opportunity for an experienced restaurateur or a savvy investor looking for a proven, successful business model in a thriving community. The property's long-standing history and loyal customer base provide a solid foundation for continued growth and success. Don't miss this chance to own a piece of Pleasanton's culinary heritage. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,684,700
    6.5%
    $6,170,493
    7%
    $5,729,744
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,108,977
    Geo Method
    $9,108,977
  • Alternative Use

    Use
    Valuation
    Residential
    $5,205,042
    Hospitality
    $4,767,790
    Educational
    $3,966,745
    Medical
    $4,103,168
    Retail
    $6,170,493
4223 1St St, Pleasanton, California

Location Insight

City
Pleasanton
County
Alameda
State
California
Latitude
37.6626
Longitude
-121.871
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
$29,874
$1,157,433
$1,405,017
$2,562,450
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