$675,000
●
Land -
Off Market
2301 Concannon Blvd
Livermore, CA 94550
Studio
0 Bath
$3,560
Est. Monthly
About This Property
This could be your new fantastic business location! Nestled at the
corner of Marina Ave x Concannon Blvd and along the Arroyo Bike
Trail, this lot gets plenty of visibility for your Dream Restaurant
or Tasting Room! With these views, I'm thinking a
farm-to-Table where locals ride their bikes to come see what the
freshest ingredients Livermore has mixed up for a deliciously tasty
meal coupled with some award wining local wines or coffees & Teas.
Have your guests sit back and Enjoy views of the vineyards,
Livermore hills and Sun rises & sets. This lot is perfect for
a creative, new South Livermore business. South Livermore
could use a creative new business that Livermore would enjoy.
All information and images should be independently reviewed
and verified for accuracy.
Unit Size
-
Days on Market
194 days
Land Size
2.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #41071608)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $725,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Livermore
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Listed by: Carla Winter, Re/Max Accord
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41071608
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41071608
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