3751 Lafayette StSanta Clara, CA 95054

Property Details for 3751 Lafayette St

Year built

1962

Lot size

0.43 AC

Property size (Sq ft)

1,653 SF

Zone code

C1

Property type

Retail properties

Property subtype

Gas stations

APN

101-21-001

APU

10121001

Description

This exceptional investment opportunity presents a 1,653 square foot Shell-branded gas station situated on a 0.43-acre lot at 3751 Lafayette St, Santa Clara, CA 95054. Built in 1962, this single-story building features four gas pumps and updated, double-walled fiberglass underground storage tanks (USTs). The property boasts impressive monthly fuel sales averaging $185,833 in 2022, presenting substantial upside potential. Its prime location at a signalized intersection on Lafayette Street and Montague Expressway sees 40,000 cars daily, benefiting from proximity to major attractions including Great America theme park (1.3 miles) and Levi's Stadium (1.4 miles). The property's configuration as a corner outparcel within a shopping center further enhances its visibility and accessibility. A significant opportunity exists to boost both fuel and convenience store sales by converting the existing repair shop into a full-fledged convenience store. The APN is 101-21-001. This is a rare chance to acquire a well-established, high-performing gas station with significant growth potential in a desirable Santa Clara location. The property is offered as an owner/user investment.

• CAP approach

  CAP return

  Valuation

  6%

  $901,231

  6.5%

  $831,905

  7%

  $772,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,161,816

  Geo Method

  $1,161,816

• Alternative Use

  Use

  Valuation

  Residential

  $701,743

  Hospitality

  $642,793

  Educational

  $534,796

  Medical

  $553,189

  Retail

  $831,905

Location Insight

City

Santa Clara

County

Santa Clara

State

California

Latitude

37.3877

Longitude

-121.953

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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