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1448 A St 6,732 SF Vacant Retail Building Castro Valley, CA 94546 $2,504,384 CAD ($372.01 CAD/SF) 7.09% Cap Rate
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- 1448 Street presents an opportunity to invest in a well-maintained commercial property in shell condition, in the heart of Castro Valley.
- Ideally zoned PD (Planned Development), aligning with the C-N (Neighborhood Commercial) uses, this site is ready for retail transformation.
- At the three-way corner of A, N Fifth, and Ruby Streets, experience unbeatable visibility to over 30,000 vehicles passing daily.
- Many retailers such as Starbucks, IHOP, Safeway, Trader Joe's, Big Five Sporting Goods, Craft Eatery, FedEx Office, and more are a short drive away.
- Choose from a myriad of transportation options, including the 580 and 238 Freeways and the Castro Valley BART, a mile away.
EXECUTIVE SUMMARY
1448 A Street presents a highly visible commercial property in the heart of Castro Valley, offering exceptional frontage along A Street with traffic counts exceeding 30,000 vehicles per day. The 6,732-square-foot building sits on a 0.35-acre lot and features 26 on-site parking spaces, providing excellent accessibility for both tenants and customers.
The property has recently undergone exterior improvements, including fresh paint, enhanced weatherproofing, and new windows. The interior is delivered in shell condition, allowing the next owner/user or investor the flexibility to design and customize a build-out to suit their specific needs. Zoned PD (Planned Development), which aligns with C-N (Neighborhood Commercial) uses, the property accommodates a wide range of potential uses, including retail, community facilities, and daycare.
Strategically located, this site offers easy access to Interstate 580 and the 238 Freeway, a major route in Northern California that connects the Central Valley to the Bay Area. The Castro Valley BART Station is a mile away and serves the Blueline, which travels east to Dublin/Pleasanton. Many major shopping, dining, and service amenities lie less than a five-minute drive away. 1448 A Street is adjacent to the 72-unit Ruby Street apartment development, bringing many new residents to this corner of the Castro Valley.
With its strong visibility, flexible zoning, and proximity to Castro Valley BART and major highways, 1448 A Street offers an outstanding opportunity for both immediate activation and long-term value growth in a prominent commercial corridor.
The property has recently undergone exterior improvements, including fresh paint, enhanced weatherproofing, and new windows. The interior is delivered in shell condition, allowing the next owner/user or investor the flexibility to design and customize a build-out to suit their specific needs. Zoned PD (Planned Development), which aligns with C-N (Neighborhood Commercial) uses, the property accommodates a wide range of potential uses, including retail, community facilities, and daycare.
Strategically located, this site offers easy access to Interstate 580 and the 238 Freeway, a major route in Northern California that connects the Central Valley to the Bay Area. The Castro Valley BART Station is a mile away and serves the Blueline, which travels east to Dublin/Pleasanton. Many major shopping, dining, and service amenities lie less than a five-minute drive away. 1448 A Street is adjacent to the 72-unit Ruby Street apartment development, bringing many new residents to this corner of the Castro Valley.
With its strong visibility, flexible zoning, and proximity to Castro Valley BART and major highways, 1448 A Street offers an outstanding opportunity for both immediate activation and long-term value growth in a prominent commercial corridor.
MATTERPORT 3D TOUR
3D Exterior
SALE FLYER
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,732 SF
Building Class
C
Year Built
1939
Price
$2,504,384 CAD
Price Per SF
$372.01 CAD
Cap Rate
7.09%
NOI
$177,518 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.44
Lot Size
0.35 AC
Zoning
PD-CN
AMENITIES
- Signage
- Skylights
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
6,732 square foot retail space with a mostly open floor plan available.
| Space | Size | Space Use | Position | Available |
| 1448 | 6,732 SF | Retail | Outparcel | Now |
1448
| Size |
| 6,732 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1448
| Size | 6,732 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
6,732 square foot retail space with a mostly open floor plan available.
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (71)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
28,349
201,558
339,029
504,945
2029 Population
27,624
194,868
327,740
486,959
2024-2029 Projected Population Growth
-2.6%
-3.3%
-3.3%
-3.6%
Median Age
40.1
39.4
40.4
40.5
College Degree + Higher
33%
29%
30%
21%
Daytime Employees
10,430
46,362
102,250
238,999
Total Businesses
1,780
7,219
13,212
22,726
Average Household Income
$113,284
$123,414
$125,401
$126,206
Median Household Income
$91,582
$97,913
$97,660
$97,624
Total Consumer Spending
$372.1M
$2.5B
$4.3B
$6.3B
2024 Households
10,839
65,300
109,596
160,804
Average Home Value
$725,139
$781,682
$757,059
$763,848
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Pizza Express | - | - | 8 min walk |
| China Garden | Chinese | $ | 9 min walk |
| Castro Valley Donuts | Donuts | $ | 11 min walk |
| Eden's Liquor & Deli | Deli | $ | 12 min walk |
| Haha Ramen Sushi | Sushi | $$ | 12 min walk |
| Bubble Crab Restaurant | Seafood | $$ | 12 min walk |
| Fusion Wok | - | - | 14 min walk |
| Starbucks | Cafe | $ | 14 min walk |
| Round Table Pizza | - | - | 13 min walk |
| The Habit Burger Grill | Fast Food | $ | 15 min walk |
RETAIL |
||
|---|---|---|
| 7- Eleven | Convenience Market | 8 min walk |
| Trader Joe's | Supermarket | 10 min walk |
| Supercuts | Salon/Barber/Spa | 10 min walk |
| Health Mart Pharmacy | Drug Store | 11 min walk |
| Big 5 Sporting Goods | Sporting Goods | 10 min walk |
| Chase Bank | Bank | 13 min walk |
| FedEx Office | Business/Copy/Postal Services | 14 min walk |
| Cinemark | Cinema | 14 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 13 min walk |
| The UPS Store | Business/Copy/Postal Services | 16 min walk |
HOTELS |
|
|---|---|
| Hampton by Hilton |
70 rooms
4 min drive
|
| Holiday Inn Express |
54 rooms
5 min drive
|
| Best Western Plus |
91 rooms
6 min drive
|
| Home2 Suites by Hilton |
131 rooms
9 min drive
|
| Hilton Garden Inn |
119 rooms
8 min drive
|
PROPERTY TAXES
| Parcel Number | 415-0230-020-00 | Improvements Assessment | $895,725 CAD |
| Land Assessment | $546,545 CAD | Total Assessment | $1,442,270 CAD |
PROPERTY TAXES
Parcel Number
415-0230-020-00
Land Assessment
$546,545 CAD
Improvements Assessment
$895,725 CAD
Total Assessment
$1,442,270 CAD
SALE ADVISORS
SALE ADVISORS
Seth Hubbert, Investment Advisor
Seth is an Investment Advisor at NAI Northern California, specializing in transacting multifamily assets in the Bay Area. Seth has a strong leadership, analytical, and service background, providing the highest-level value to clients.
Seth has grown and led several successful businesses, including Five Iron Financial, a real estate investment firm renovating distressed property and operating housing in high-growth regions in the United States. He also previously served as the CEO of Tech Exchange, providing 45,000 computers to students and families during the height of the pandemic.
Holding degrees in Physics and Education, Seth masterfully blends quantitative analysis with client guidance and support. When not immersed in real estate, you’ll find Seth coaching youth sports, serving on community boards, and volunteering at his children’s school.
Seth has grown and led several successful businesses, including Five Iron Financial, a real estate investment firm renovating distressed property and operating housing in high-growth regions in the United States. He also previously served as the CEO of Tech Exchange, providing 45,000 computers to students and families during the height of the pandemic.
Holding degrees in Physics and Education, Seth masterfully blends quantitative analysis with client guidance and support. When not immersed in real estate, you’ll find Seth coaching youth sports, serving on community boards, and volunteering at his children’s school.
James Kilpatrick, President, Chief Operating Officer
James Kilpatrick is the President of NAI Northern California. His career began in 1998 with a major national firm specializing in investment property brokerage where he received numerous achievement awards. He has been involved in investment transactions exceeding $1 Billion across most product categories and oversees the day to day operations, strategic expansion of the firm and large account management.
Mr. Kilpatrick is a San Francisco Bay Area native with ownership, management, syndication and debt structuring experience across most product types. He has had various positions from board of directors appointments to President of various real estate organizations. He has also been a regular contributing writer for newsletters and trade journals of organizations such as the Berkeley Property Owners Association (BPOA) and RHA (Rental Housing Association of northern Alameda county). He is a member of the Rental Housing Owners Group (RHO), the Investment Marketing Forum (IMF) and Investment Property Marketing Group (IPMG). In addition to the above, Mr. Kilpatrick has experience in distressed asset sales, expert witness work, portfolio valuations, condominium and subdivision work, bankruptcy and trustee’s sales, sale leasebacks and other more complicated transactions.
Mr. Kilpatrick is a San Francisco Bay Area native with ownership, management, syndication and debt structuring experience across most product types. He has had various positions from board of directors appointments to President of various real estate organizations. He has also been a regular contributing writer for newsletters and trade journals of organizations such as the Berkeley Property Owners Association (BPOA) and RHA (Rental Housing Association of northern Alameda county). He is a member of the Rental Housing Owners Group (RHO), the Investment Marketing Forum (IMF) and Investment Property Marketing Group (IPMG). In addition to the above, Mr. Kilpatrick has experience in distressed asset sales, expert witness work, portfolio valuations, condominium and subdivision work, bankruptcy and trustee’s sales, sale leasebacks and other more complicated transactions.
Damon Gerstein, Investment Advisor
Damon Gerstein specializes in office, multifamily, and industrial real estate across the Bay Area. Born and raised in Marin County, CA, Damon has spent his life immersed in the region’s unique communities and dynamic market. His local knowledge, combined with his academic background, provides clients with both insight and strategy in navigating complex transactions. Damon earned his Bachelor of Science in Urban and Regional Development with a minor in Real Estate Development from the University of Arizona. This foundation equips him with a deep understanding of market analysis, urban planning, and investment strategy—tools he leverages to deliver value to his clients. At NAI NorCal, Damon is committed to learning from industry leaders while actively contributing to the team’s success. Outside of real estate, he is passionate about traveling and sports, enjoying everything from working out and snowboarding to hiking and exploring the outdoors.
Tim Marshall, Investment Advisory
Investment Advisor with a background in property management, operations, and client service. As founder of Marpensio LLC, Tim oversaw all aspects of property management including asset performance, tenant relations, leasing, and vendor coordination. Previous roles in operations and customer experience strengthened his leadership, process improvement, and client service skills.
Tim now applies this combined expertise to advising clients on commercial real estate investments. By leveraging market research and data-driven insights, he helps clients evaluate opportunities, maximize asset performance, and achieve long-term investment success with a client-first approach.
Tim now applies this combined expertise to advising clients on commercial real estate investments. By leveraging market research and data-driven insights, he helps clients evaluate opportunities, maximize asset performance, and achieve long-term investment success with a client-first approach.
CONTACTS
-
Seth Hubbert -
James Kilpatrick -
Damon Gerstein -
Tim Marshall -
Ian Cruda -
NAI Northern California
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1448 A St
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