Medical Office Suite with
For Sale
Contact for pricing
15845 Channel, San Lorenzo, CA 94580
Three private rooms, a reception area, and a gated outdoor space shape this compact professional suite.
Property Size700 SF
Price / SF$2.86
Days on Market109
Property Features for 15845 Channel
General Information
Standard status
Active
Size
700 SF
Property subtype
Comm Ind For Lease
Building Details
Year Built
1942
Listing Agency:
Village Properties & Assoc.
Listed By:
Samuel Medina · License #02024982
(510) 512-5873
Source:
Jpnrealty
Added: Jul 16
Changed: Nov 1
Last Checked: Nov 1 at 2:54AM
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 Village Properties & Assoc.
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Investment Insights
Based on property information with market context.
This 700-square-foot medical office suite at 15845 Channel in San Lorenzo is ready for a new interior build-out. The layout includes three private rooms, a waiting area, reception space with a front window, a utility room, and one bathroom. A gated patio fronts the suite. The building dates to 1942, and the space previously served as a dental practice.
Nearby businesses include Brewja Café, a laundromat, Asian restaurants and markets, and other neighborhood retailers. Arroyo High School is a few minutes away. The available layout may suit a dental or medical practice, professional office, wellness business, or neighborhood-serving service business.
Nearby businesses include Brewja Café, a laundromat, Asian restaurants and markets, and other neighborhood retailers. Arroyo High School is a few minutes away. The available layout may suit a dental or medical practice, professional office, wellness business, or neighborhood-serving service business.
Key Highlights
- 700‑square‑foot medical office suite
- Three private rooms, waiting area, reception space, utility room, and one bathroom
- Gated front patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,990
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,800
$239.8K
Cap Rate 7%
$171,286
$171.3K
Cap Rate 9%
$133,222
$133.2K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$21.8K $31.20/SF
− Vacancy
−$1.9K −$2.65/SF
EGI
$20.0K $28.55/SF
− OpEx
−$8.0K −$11.42/SF
NOI
$12.0K $17.13/SF
Area
Alameda County, CA
Vacancy
8.50%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,800
Cap Rate 7%
$171,286
Cap Rate 9%
$133,222
Alternative Uses
Best Use
Office B
$202.1K
$176.8K – $235.8K
NOI $14,146 @ 7.0% cap · market cap 707.30%
Second Best
Healthcare Medical
$171.3K
$149.9K – $199.8K
NOI $11,990 @ 7.0% cap · market cap 599.50%
Theoretical Best
Retail
$3.19M
$2.79M – $3.72M
NOI $223,389 @ 7.0% cap · market cap 11,169.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 94580, CA
29,590
Population
9,067
Households
3.3
Avg Household Size
39
Median Age
26%
College-Educated
83%
High-School Grad
3.3 sq mi
ZIP Area
8,967
Density / Sq Mi
$110,106
Median Household Income
$52,790
Median Earnings
$2,164
Median Rent
$820,100
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
Similar Off Market Nearby
- Arroyo Veterinary Clinic — 15775 Washington Ave, San Lorenzo, CA 94580
- Pavneet Mavi — 15775 Washington Ave, San Lorenzo, CA 945801430
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three private rooms, a reception area, and a gated outdoor space shape this compact professional suite.
Where is this medical office space located?
The property is located at 15845 Channel San Lorenzo, CA.
What are key features of this property?
This property features: 700‑square‑foot medical office suite; Three private rooms, waiting area, reception space, utility room, and one bathroom; Gated front patio
