1837 Gibson RdWoodland, CA 95776

Property Details for 1837 Gibson Rd

Year built

2006

Construction

WOOD

Lot size

2.57 AC

Property size (Sq ft)

15,338 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Community centers

APN

027-800-002-000

APU

27800002000

Description

Gibson Plaza, located at the northeast corner of Gibson Road and Pioneer Avenue in Woodland, CA, offers exceptional retail space within a thriving ±88,200 square foot neighborhood shopping center. This Class A property boasts a strong anchor tenant, Bel Air Supermarket, ensuring consistent foot traffic and a vibrant atmosphere. Two spaces are currently available, ranging from 1,306 to 2,100 contiguous square feet, with a total of 3,406 square feet currently vacant. The minimum divisible space is 1,306 square feet, providing flexibility for various retail concepts. The center's newer construction features high-quality finishes and benefits from excellent visibility and high traffic counts due to its strategic location. Gibson Plaza is ideally situated in the Woodland trade area, serving a dense residential population and enjoying proximity to Pioneer High School and Woodland Community College, creating a robust customer base. This prime retail location offers a unique opportunity to establish or expand a business within a well-established and successful shopping center, benefiting from the strong demographics of the southern Woodland area and the established draw of the Bel Air anchor tenant. The property's recent leasing activity further underscores its desirability and potential for continued growth.

• CAP approach

  CAP return

  Valuation

  6%

  $4,063,443

  6.5%

  $3,750,870

  7%

  $3,482,951

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,518,698

  Geo Method

  $5,518,698

• Alternative Use

  Use

  Valuation

  Residential

  $3,164,000

  Hospitality

  $2,898,206

  Educational

  $2,411,274

  Medical

  $2,494,201

  Retail

  $3,750,870

Location Insight

City

Woodland

County

Yolo

State

California

Latitude

38.664

Longitude

-121.742

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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