Multi-User Office
For Sale
Contact for pricing
1150 Moraga Way, Moraga, CA 94556
Office building positioned for strong visibility with ample parking in a high-traffic setting.
Property Size9,516 SF
Price / SF$399.33
Days on Market780
Property Features for 1150 Moraga Way
General Information
Standard status
Active
Size
9,516 SF
Property subtype
OFFICE
Listing Agency:
Newmark | Walnut Creek
(925) 974-0100
Listed By:
Forrest Gherlone · License #01376723
(925) 974-0237
Source:
Moodyscre
Added: Jul 29, 2024
Changed: Sep 6
Last Checked: Sep 15 at 11:31AM
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 Newmark | Walnut Creek
Investment Insights
Based on property information with market context.
This well-configured office building is designed for one or two users, offering an adaptable setup for smaller professional operations. The property includes ample parking to support tenant and visitor access.
Situated on highly trafficked Moraga Way, the building benefits from visibility and clear street identity. It is near Moraga Country Club and close to retail amenities.
The offering is located in Moraga and is described as having flexible zoning, supporting a range of potential office uses within the allowed framework.
Situated on highly trafficked Moraga Way, the building benefits from visibility and clear street identity. It is near Moraga Country Club and close to retail amenities.
The offering is located in Moraga and is described as having flexible zoning, supporting a range of potential office uses within the allowed framework.
Key Highlights
- Office building configured for 1 or 2 users
- High‑traffic Moraga Way location with visibility and identity
- Ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$172,059
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,441,180
$3.4M
Cap Rate 7%
$2,457,986
$2.5M
Cap Rate 9%
$1,911,767
$1.9M
Market Conditions
NOI Build-Up for 9,516 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$279.8K $29.40/SF
− Vacancy
−$50.4K −$5.29/SF
EGI
$229.4K $24.11/SF
− OpEx
−$57.4K −$6.03/SF
NOI
$172.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,441,180
Cap Rate 7%
$2,457,986
Cap Rate 9%
$1,911,767
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $172,059 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,793 @ 7.0% cap · market cap 6.63%
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
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 94556, CA
16,134
Population
5,830
Households
2.8
Avg Household Size
45
Median Age
81%
College-Educated
99%
High-School Grad
19.3 sq mi
ZIP Area
836
Density / Sq Mi
$199,300
Median Household Income
$97,188
Median Earnings
$3,119
Median Rent
$1,594,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building positioned for strong visibility with ample parking in a high-traffic setting.
Where is this office building located?
The property is located at 1150 Moraga Way Moraga, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Office building configured for 1 or 2 users; High‑traffic Moraga Way location with visibility and identity; Ample parking
