Deerwood Office Park
For Sale
Contact for pricing
Pending
111 Deerwood Road Suite 360, San Ramon, CA 94583
671 SF medical/professional office condo in San Ramon.
Property Size671 SF
Days on Market213
Property Features for 111 Deerwood Road Suite 360
General Information
Standard status
Pending
Size
671 SF
Class
B
Property subtype
Office
Zoning
A-O/S-2
Building Details
Year Built
1984
Buildings
1
Stories
3
Listing Agency:
eXp Realty of California Inc
Listed By:
Khalid Mahmud · License #01812087
(408) 464-6442
Source:
Crexi
Added: Mar 8
Changed: Aug 8
Last Checked: Aug 8 at 6:32AM
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
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 located 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. The HOA fee for building amenities is $698.61 per month. Unit owners receive 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 close to San Ramon Regional Medical Center. The nearby $5 billion Bishop Ranch Orchards project is bringing 2,510 new residential units and mixed-use amenities. This property is suitable for owner-users or investors.
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 featuring a welcoming lobby, three spacious offices, and a kitchenette.
- Located in a premier building overlooking a serene garden atrium with a water fountain.
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.
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 671 SF medical/professional office condo in San Ramon.
Where is this medical office space located?
The property is located at 111 Deerwood Road Suite 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 featuring a welcoming lobby, three spacious offices, and a kitchenette.; Located in a premier building overlooking a serene garden atrium with a water fountain.
