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Medical Office Building
For Sale
$1,349,000

1210 Alhambra Ave, Martinez, CA 94553

Commercial zoning and central air support a professional medical office setting.

Property Size4,424 SF
Price / SF$304.93
Days on Market10

Property Features for 1210 Alhambra Ave

General Information

Standard status Active
Size 4,424 SF
Zoning commercial

Amenities

Central Air
Forced Air
Common

Building Details

Building Size 4,424 SF
Year Built 1948
Stories 1
Listing Agency: Dudum Real Estate Group
Listed By: Angela Lotman
Source: Evrealestate
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 5 at 6:13PM

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 Dudum Real Estate Group

Investment Insights

Based on property information with market context.

This 4,424-square-foot medical office property was built in 1948 and has central air and forced-air heating. The building also includes common exterior features.

The property is at 1210 Alhambra Ave in Martinez, Contra Costa County, near Alhambra Avenue and Henrietta. It is zoned commercial.

Key Highlights

  • 4,424 square feet of medical office space
  • Built in 1948
  • Central air and forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,990
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,800 $1.6M
Cap Rate 7%
$1,142,714 $1.1M
Cap Rate 9%
$888,778 $888.8K
Market Conditions
NOI Build-Up for 4,424 SF
Gross rent
$130.1K $29.40/SF
− Vacancy
−$23.4K −$5.29/SF
EGI
$106.7K $24.11/SF
− OpEx
−$26.7K −$6.03/SF
NOI
$80.0K $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%
$1,599,800
Cap Rate 7%
$1,142,714
Cap Rate 9%
$888,778

Alternative Uses

Best Use
Office B
$1.14M
$999.9K – $1.33M (±1% cap)
NOI $79,990 @ 7.0% cap · market cap 5.93%
Second Best
Healthcare Medical
$936.8K
$819.7K – $1.09M (±1% cap)
NOI $65,577 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $117,059 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94553, CA

49,756
Population
19,626
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
61.6 sq mi
ZIP Area
808
Density / Sq Mi
$121,023
Median Household Income
$70,337
Median Earnings
$2,247
Median Rent
$781,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Dr. Michael S. Martinez, MD — 2500 Alhambra Ave, Martinez, CA 94553

Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial zoning and central air support a professional medical office setting.
Where is this medical office space located?
The property is located at 1210 Alhambra Ave Martinez, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 4,424 square feet of medical office space; Built in 1948; Central air and forced‑air heating
More about this property
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