651 Hamilton AveCampbell, CA 95008

  • Residential income properties
  • 0.37 AC
For Lease

Property Details for 651 Hamilton Ave

Lot size
0.37 AC
Zone code
P-D
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
307-38-070
APU
30738070

Description

This exceptional 1,496 square foot retail space, a former yogurt shop, presents a unique opportunity in Campbell, California. Situated at 651 W Hamilton Ave, 95008, this single-tenant property is part of a thriving 10,915 square foot retail center nestled within a luxurious mixed-use community. The property boasts a highly desirable location at the Northwest corner of San Tomas Expressway and Hamilton Avenue, benefiting from exceptional visibility and high traffic counts. Strong demographics further enhance the appeal of this location. The retail center itself features high-quality architecture, inviting gathering areas, and outdoor dining patios, creating a vibrant and attractive environment for both shoppers and residents. Convenient surface parking is readily available for customers and residents alike. This space is shadow-anchored by a Starbucks, ensuring consistent foot traffic and brand recognition. The property is classified as a second-generation space within Santa Clara County, offering immediate potential for a variety of retail businesses. This is an unparalleled opportunity to establish a presence in a thriving and affluent community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,839,856
    6.5%
    $6,313,714
    7%
    $5,862,734
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,993,054
    Geo Method
    $6,993,054
  • Alternative Use

    Use
    Valuation
    Residential
    $6,313,714
    Hospitality
    $5,783,328
    Educational
    $4,811,660
    Medical
    $4,977,141
    Retail
    $7,484,806
651 Hamilton Ave, Campbell, California

Location Insight

City
Campbell
County
Santa Clara
State
California
Latitude
37.2947
Longitude
-121.962
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, 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
2024
$225,963
$2,741,218
$13,776,827
$16,518,045
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FAQs

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