19550 Stevens Creek BlvdCupertino, CA 95014

  • Retail properties
  • 1,334 SF
For Sale

Property Details for 19550 Stevens Creek Blvd

Year built
1962
Lot size
0.58 AC
Property size (Sq ft)
1,334 SF
Zone code
C1H
Property type
Retail properties
Property subtype
Gas stations
APN
369-06-007
APU
36906007

Description

This exceptional redevelopment opportunity encompasses a 3.38-acre site in Cupertino, California, featuring a 148,235 square foot, single-story retail shopping center. The property consists of four parcels, three contiguous parcels forming the existing shopping center, and one adjacent parcel currently improved as a service station. The three contiguous parcels, with APNs 369-06-002, 369-06-003, and 369-06-004, total approximately 2.74 acres and comprise the existing retail structure. Parcel 369-06-002 measures 0.92 acres (approximately 40,075 square feet), parcel 369-06-003 is 0.53 acres (approximately 23,040 square feet), and parcel 369-06-004 covers 1.29 acres (approximately 56,246 square feet). The adjacent parcel, APN 369-06-007, is 0.64 acres (approximately 28,874 square feet) and houses a service station. The entire property is zoned for Planned Development, presenting significant potential for a variety of uses. Located at 10065-10075 East Estates Drive and 19550 Stevens Creek Boulevard, Cupertino, CA 95014, this property offers unparalleled access to a thriving market in Santa Clara County. This is a rare chance to acquire a substantial land holding in a highly desirable location, ideal for redevelopment and significant return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,184,997
    6.5%
    $1,093,843
    7%
    $1,015,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $937,606
    Geo Method
    $937,606
  • Alternative Use

    Use
    Valuation
    Residential
    $922,698
    Hospitality
    $845,186
    Educational
    $703,185
    Medical
    $727,369
    Retail
    $1,093,843
19550 Stevens Creek Blvd, Cupertino, California

Location Insight

City
Cupertino
County
Santa Clara
State
California
Latitude
37.3226
Longitude
-122.015
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
$37,470
$2,647,173
$461,438
$3,108,611
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