Medical Office Suite with Treatment
22179 Redwood Rd Castro Valley, CA 94546
22179 Redwood Rd, Castro Valley, CA, 94546
$599,000
For Sale
$599,000
Highly visible suite with multiple sink-equipped treatment rooms, waiting/reception areas, and ramp access plus rear parking.
Property Size1,344 SF
Price / SF$445.68
Days on Market92
Property Features for 22179 Redwood Rd
General Information
- Standard status
- Active
- Size
- 1,344 SF
Listing agency
Berkshire Hathaway Home Services
(510) 537-9800
Listed by
Tannis Kristjanson
(510) 537-9800
Source
Exprealty
Added: Apr 21 Updated: Jul 21 at 3:00AM Checked: Jul 21 at 3:00AM
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 Berkshire Hathaway Home Services
Investment Insights
Based on property information with market context.
This for-sale medical office suite is configured for healthcare, wellness, or personal service use and features multiple treatment rooms, each equipped with a sink. The interior layout also includes a generous waiting area and a reception area with built-in cabinetry, along with a private office suitable for administration or a break room.
The property is positioned for visibility in a centrally located setting, directly across from Trader Joe’s, and near dining and retail options.
Access is supported by a ramp to the front door. Parking includes three rear spaces, plus ample street parking.
The property is positioned for visibility in a centrally located setting, directly across from Trader Joe’s, and near dining and retail options.
Access is supported by a ramp to the front door. Parking includes three rear spaces, plus ample street parking.
Key Highlights
- ±1,344 sq ft commercial property configured for healthcare, wellness, or personal service use.
- Layout includes multiple treatment rooms, each with a sink.
- Features a generous waiting area, reception area with built‑in cabinetry, and a private office.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.5k | $36.12 |
| − Vacancy | −$12.3k | −$9.17 |
| EGI | $36.2k | $26.95 |
| − OpEx | −$9.1k | −$6.74 |
| NOI | $27.2k | $20.21 |
1,344 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$388.0K
$339.5K – $452.7K
NOI $27,161 @ 7.0% cap · market cap 4.53%
Second Best
Healthcare Medical
$328.9K
$287.8K – $383.7K
NOI $23,021 @ 7.0% cap · market cap 3.84%
Theoretical Best
Retail
$6.13M
$5.36M – $7.15M
NOI $428,906 @ 7.0% cap · market cap 71.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Groveway Pet Hospital — 22163 Redwood Rd, Castro Valley, CA 94546
- Hill's Veterinary Hospital — 22163 Redwood Rd, Castro Valley, CA 94546
- Castro Valley Companion Animal Hospital — 2509 Lessley Ave, Castro Valley, CA 94546
- Eden Pet Hospital — 1920 Knox St, Castro Valley, CA 94546
- Bercovitz Kimberly DVM — 2509 Lessley Ave, Castro Valley, CA 94546
FAQs
What type of property is this?
Medical Office Space - Highly visible suite with multiple sink-equipped treatment rooms, waiting/reception areas, and ramp access plus rear parking.
Where is this medical office space located?
The property is located at 22179 Redwood Rd Castro Valley, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: ±1,344 sq ft commercial property configured for healthcare, wellness, or personal service use.; Layout includes multiple treatment rooms, each with a sink.; Features a generous waiting area, reception area with built‑in cabinetry, and a private office.
