Office Condo with Reception
For Sale
$249,000
101 Gregory Lane #41, Pleasant Hill, CA 94523
The suite includes two private offices, a kitchenette, and access to shared exterior restrooms.
Property Size556 SF
Price / SF$447.84
Days on Market262
Property Features for 101 Gregory Lane #41
General Information
Standard status
Active
Size
556 SF
Property subtype
Commercial
Zoning
PUD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Turnkey
Amenities
pool
spa
Building Details
Building Size
556 SF
Year Built
1982
Listing Agency:
Vanguard Properties
(925) 465-0610
Listed By:
Kelly Crawford · License #01327015
(925) 998-5599
Source:
Equityfirstre
Added: Feb 6
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vanguard Properties
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Investment Insights
Based on property information with market context.
This 556-square-foot office condo, built in 1982, has a reception area, two offices, and a kitchenette/lunch room. The unit faces Gregory Lane and is zoned PUD. Exterior restrooms and parking within the complex and along Cleveland Avenue serve the property.
The property is near freeway access and a short drive from downtown Pleasant Hill shops and restaurants. HOA amenities include pool and spa use, trash removal, and maintenance of common areas.
The property is near freeway access and a short drive from downtown Pleasant Hill shops and restaurants. HOA amenities include pool and spa use, trash removal, and maintenance of common areas.
Key Highlights
- 556‑square‑foot office condo built in 1982
- Reception area, two offices, and kitchenette/lunch room
- Faces Gregory Lane; zoned PUD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,053
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,060
$201.1K
Cap Rate 7%
$143,614
$143.6K
Cap Rate 9%
$111,700
$111.7K
Market Conditions
NOI Build-Up for 556 SF
Gross rent
$16.3K $29.40/SF
− Vacancy
−$2.9K −$5.29/SF
EGI
$13.4K $24.11/SF
− OpEx
−$3.4K −$6.03/SF
NOI
$10.1K $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,060
Cap Rate 7%
$143,614
Cap Rate 9%
$111,700
Alternative Uses
Best Use
Office B
$143.6K
$125.7K – $167.6K
NOI $10,053 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.2K
$183.9K – $245.2K
NOI $14,712 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,551
Businesses Nearby
Explore this area
Business Placement
Demographics for 94523, CA
35,272
Population
14,585
Households
2.4
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$142,622
Median Household Income
$74,832
Median Earnings
$2,479
Median Rent
$1,038,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes two private offices, a kitchenette, and access to shared exterior restrooms.
Where is this office unit located?
The property is located at 101 Gregory Lane #41 Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 556‑square‑foot office condo built in 1982; Reception area, two offices, and kitchenette/lunch room; Faces Gregory Lane; zoned PUD
