Medical Office Condo in San
111 Deerwood Rd 360, San Ramon, CA 94583
For Sale
$299,888
Pending
671 SF medical/professional office condo in Deerwood Office Park.
Property Size671 SF
Days on Market201
Property Features for 111 Deerwood Rd 360
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Stories
Listing Agency:
eXp Realty of California Inc
Listed By:
Khalid Mahmud · License CA #01812087
(408) 464-6442
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 6:51AM
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 eXp Realty of California Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 671 square foot medical/professional office condo is located in Deerwood Office Park II. Suite 360 is suitable for medical practices, therapy, or professional services. The layout includes a lobby area, three offices, and a kitchenette. The suite is situated in a 3-story mirrored glass building overlooking a garden atrium with a water fountain. The interior features 11-foot unfinished ceilings. Building amenities include a tenant conference center, ADA-compliant elevators, and common restrooms on each floor. The association completed over $175,000 in ADA infrastructure and parking lot upgrades in 2025. Unit owners have non-exclusive parking rights at 1 space per 250 square feet. The property is located less than 1 mile from I-680 and Crow Canyon Road, and is close to San Ramon Regional Medical Center. The $5 billion Bishop Ranch Orchards project, which will bring 2,510 new residential units and mixed-use amenities, is located nearby. This property is suitable for owner-users or investors seeking a high-utility asset.
Key Highlights
- Prime location in Deerwood Office Park II, less than 1 mile to I‑680 and Crow Canyon Rd, near San Ramon Regional Medical Center.
- Flexible 671 SF layout with a welcoming lobby, three spacious offices, and a kitchenette, suitable for various medical or professional uses.
- Located in a prestigious, professionally managed building with a tenant conference center, ADA‑compliant elevators, and common restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,132
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,640
$242.6K
Cap Rate 7%
$173,314
$173.3K
Cap Rate 9%
$134,800
$134.8K
Market Conditions
NOI Build-Up for 671 SF
Gross rent
$19.7K $29.40/SF
− Vacancy
−$3.6K −$5.29/SF
EGI
$16.2K $24.11/SF
− OpEx
−$4.0K −$6.03/SF
NOI
$12.1K $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%
$242,640
Cap Rate 7%
$173,314
Cap Rate 9%
$134,800
Alternative Uses
Best Use
Office B
$173.3K
$151.7K – $202.2K
NOI $12,132 @ 7.0% cap · market cap 4.05%
Second Best
Healthcare Medical
$142.1K
$124.3K – $165.8K
NOI $9,946 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$253.6K
$221.9K – $295.9K
NOI $17,755 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94583, CA
38,444
Population
14,208
Households
2.7
Avg Household Size
41
Median Age
64%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$184,033
Median Household Income
$97,697
Median Earnings
$2,973
Median Rent
$1,234,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Medical Office Space in Contra Costa County, CA
Properties on Market for Medical Office Space in Contra Costa County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Custom Care Compounding — 2551 San Ramon Valley Blvd UNIT 112, San Ramon, CA 94583
- Veterinary Emergency Group — 2431 San Ramon Valley Blvd, San Ramon, CA 94583
- Laurie Lisa DVM — 2415 San Ramon Valley Blvd # 4247, San Ramon, CA 94583
- San Ramon Veterinary Hospital — 2480 San Ramon Valley Blvd, San Ramon, CA 94583
- veterinarian san ramon — 2480 San Ramon Valley Blvd, San Ramon, CA 94583
Frequently Asked Questions
What type of property is this?
Medical Office Space - 671 SF medical/professional office condo in Deerwood Office Park.
Where is this medical office space located?
The property is located at 111 Deerwood Rd 360 San Ramon, CA.
What is the asking price?
The asking price for this property is $299,888.
What are key features of this property?
This property features: Prime location in Deerwood Office Park II, less than 1 mile to I‑680 and Crow Canyon Rd, near San Ramon Regional Medical Center.; Flexible 671 SF layout with a welcoming lobby, three spacious offices, and a kitchenette, suitable for various medical or professional uses.; Located in a prestigious, professionally managed building with a tenant conference center, ADA‑compliant elevators, and common restrooms.
