Medical Office Suite with Dental
For Sale
$375,000
2250 Gladstone Dr #4, Pittsburg, CA 94565
Commercial Sale, Pittsburg, CA
Property Size1,500 SF
Lot Size0.03 Acres
Price / SF$250
Days on Market419
Property Features for 2250 Gladstone Dr #4
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RS
Parking features
Parking Lot
Directions
Leland to Gladstone
Subdivision
Listing
Standard status
Active
APN
088550004
Size
1,500 SF
Lot size
0.03 Acres
Building Details
Year built
1981
Roof type
Tile
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Robert Burton · License #01009170
(702) 810-0465
Added: Jul 8, 2025
Changed: Aug 29
Last Checked: Aug 30 at 11:06AM
MLS# 41104001
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,500-square-foot medical office suite is configured for dental practice use and is offered as a real estate asset. The building dates to 1981 and features a tile roof, with parking available in an on-site lot.
The property is located at 2250 Gladstone Dr #4 in Pittsburg, California, within a building that also accommodates other medical practices. The site encompasses 0.0344 acres and carries RS zoning, providing key physical and regulatory details for evaluating the office property.
The property is located at 2250 Gladstone Dr #4 in Pittsburg, California, within a building that also accommodates other medical practices. The site encompasses 0.0344 acres and carries RS zoning, providing key physical and regulatory details for evaluating the office property.
Key Highlights
- 1,500‑square‑foot medical office suite configured for dental practice use
- RS zoning
- On‑site parking lot
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
$27,122
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
7.23%
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%
$542,440
$542.4K
Cap Rate 7%
$387,457
$387.5K
Cap Rate 9%
$301,356
$301.4K
Market Conditions
NOI Build-Up for 1,500 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
$44.1K $29.40/SF
− Vacancy
−$7.9K −$5.29/SF
EGI
$36.2K $24.11/SF
− OpEx
−$9.0K −$6.03/SF
NOI
$27.1K $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%
$542,440
Cap Rate 7%
$387,457
Cap Rate 9%
$301,356
Alternative Uses
Best Use
Office B
$387.5K
$339.0K – $452.0K
NOI $27,122 @ 7.0% cap · market cap 7.23%
Second Best
Healthcare Medical
$317.6K
$277.9K – $370.6K
NOI $22,235 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$567.0K
$496.1K – $661.5K
NOI $39,690 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94565, CA
100,341
Population
31,173
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
45.3 sq mi
ZIP Area
2,215
Density / Sq Mi
$95,035
Median Household Income
$44,149
Median Earnings
$2,145
Median Rent
$563,300
Median Home Value
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?
Medical Office Space - Dental-oriented professional space with on-site lot parking.
Where is this medical office space located?
The property is located at 2250 Gladstone Dr #4 Pittsburg, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,500‑square‑foot medical office suite configured for dental practice use; RS zoning; On‑site parking lot
