6000 Dougherty RdDublin, CA 94568

  • Commercial real estate
  • 34,907 SF
For Sale
$16,500,000 View listing

Property Details for 6000 Dougherty Rd

Year built
1989
Construction
WOOD
Lot size
2.00 AC
Property size (Sq ft)
34,907 SF
Property type
Commercial real estate
APN
941-205-41
APU
94120541

Description

This exceptional investment opportunity presents a fully occupied, three-building shopping center totaling 41,329 square feet on a 2.79-acre lot in Dublin, California. The property boasts 10 tenants, a 6.18% cap rate, and a strong net operating income (NOI) of $1,020,000. Located at the hard corner of Dougherty Road and Sierra Lane, this prime location offers exceptional visibility and high traffic volume (ADT 28,000), with excellent access to I-580 and I-680 freeways. The property benefits from its proximity to Dublin BART station and a thriving community with a daytime population exceeding 58,000 within a 3-mile radius. Dublin's explosive population growth (19% in six years) makes this a highly desirable investment. The property features 138 parking spaces and is zoned Dublin PD. The three single-story buildings are situated on two separate parcels (APN 941-205-41 and 941-205-40) and offer a diverse mix of retail tenants. This stabilized investment offers a compelling opportunity for long-term growth and appreciation in a rapidly expanding market. The asking price is $16,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,453,738
    Hospitality
    $16,903,524
    Educational
    $14,063,534
    Medical
    $14,547,200
    Retail
    $21,876,608

Location Insight

City
Dublin
County
Alameda
State
California
Latitude
37.7073
Longitude
-121.911
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
$50,333
$1,365,124
$2,679,476
$4,044,600
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