Flex Suite with
New
For Sale
$695,000
1043 Serpentine Ln, Pleasanton, CA 94566
A dedicated reception area, three private offices, and warehouse space combine administrative and operational areas.
Property Size1,840 SF
Price / SF$377.72
Days on Market3
Property Features for 1043 Serpentine Ln
General Information
Standard status
Active
Size
1,840 SF
Total Parking Spaces
4
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,859
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Bonnie King · License #00970355
(925) 200-4931
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 8:33AM
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 Compass
Investment Insights
Based on property information with market context.
This 1840 sq ft industrial/flex condominium includes a reception area, three private offices, a bathroom, warehouse space, and a mezzanine. A large roll-up truck door serves the warehouse, and a new roof is noted for 2026.
The suite has four assigned parking spaces, with additional parking available in the business park’s shared common area. The property is approximately 10 minutes from the I-580-680 interchange.
The suite has four assigned parking spaces, with additional parking available in the business park’s shared common area. The property is approximately 10 minutes from the I-580-680 interchange.
Key Highlights
- 1840 sq ft industrial/flex condominium
- Reception area, three private offices, bathroom, warehouse, and mezzanine
- Large roll‑up truck door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,077
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,540
$561.5K
Cap Rate 7%
$401,100
$401.1K
Cap Rate 9%
$311,967
$312.0K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$35.3K $19.20/SF
− Vacancy
−$2.3K −$1.25/SF
EGI
$33.0K $17.95/SF
− OpEx
−$5.0K −$2.69/SF
NOI
$28.1K $15.26/SF
Area
Alameda County, CA
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,540
Cap Rate 7%
$401,100
Cap Rate 9%
$311,967
Alternative Uses
Best Use
Warehouse
$401.1K
$351.0K – $468.0K
NOI $28,077 @ 7.0% cap · market cap 4.04%
Second Best
Flex RnD
$369.1K
$322.9K – $430.6K
NOI $25,834 @ 7.0% cap · market cap 3.72%
Theoretical Best
Retail
$8.39M
$7.34M – $9.79M
NOI $587,193 @ 7.0% cap · market cap 84.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94566, CA
45,055
Population
16,698
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
20.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$187,721
Median Household Income
$104,642
Median Earnings
$2,639
Median Rent
$1,592,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pleasanton Catering Company — 915 Main St, Pleasanton, CA 94566
- New Thai Bistro — 4301 D, Valley Ave, Pleasanton, CA 94566
Frequently Asked Questions
What type of property is this?
Flex space - A dedicated reception area, three private offices, and warehouse space combine administrative and operational areas.
Where is this flex space located?
The property is located at 1043 Serpentine Ln Pleasanton, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1840 sq ft industrial/flex condominium; Reception area, three private offices, bathroom, warehouse, and mezzanine; Large roll‑up truck door
