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Corner Flex Condominium
For Sale
$999,000

405 Boulder Ct Unit 100, Pleasanton, CA 94566

Fully built-out commercial suite with private offices, collaborative space, storage, kitchenette, and two restrooms.

Property Size2,300 SF
Price / SF$434.35
Days on Market105

Property Features for 405 Boulder Ct Unit 100

General Information

Standard status Active
Size 2,300 SF
Zoning B

Building Details

Building Size 2,300 SF
Year Built 2009
Listing Agency: RE/MAX Accord ArtisTree Real Estate
Listed By: Ruhi Alikhan
Source: Evrealestate
Added: Jul 2 Changed: Oct 7 Last Checked: Oct 12 at 6:41PM

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 RE/MAX Accord ArtisTree Real Estate

Investment Insights

Based on property information with market context.

This corner-unit flex condominium is located within a Class B building constructed in 2009. The fully built-out interior includes a reception and waiting area, two private offices, an open collaborative workspace, designated storage, a kitchenette, and two private restrooms. Corner exposure and abundant natural light add to the functional workplace layout, while the existing improvements support immediate occupancy.

The property is at 405 Boulder Ct Unit 100 in Pleasanton, California, with convenient freeway access for employees and visitors. The location records a bike score of 73, a walk score of 56, and a transit score of 33. The configuration provides a combination of private rooms, open work area, support space, and client-facing entry areas within one commercial condominium unit.

Key Highlights

  • Corner unit in a Class B flex/R&D condominium building
  • Fully built‑out interior with immediate occupancy
  • Two private offices plus an open collaborative workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,481
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,620 $929.6K
Cap Rate 7%
$664,014 $664.0K
Cap Rate 9%
$516,456 $516.5K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$83.1K $36.12/SF
− Vacancy
−$21.1K −$9.17/SF
EGI
$62.0K $26.95/SF
− OpEx
−$15.5K −$6.74/SF
NOI
$46.5K $20.21/SF
Area
Alameda County, CA
Vacancy
25.40%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,620
Cap Rate 7%
$664,014
Cap Rate 9%
$516,456

Alternative Uses

Best Use
Office B
$664.0K
$581.0K – $774.7K (±1% cap)
NOI $46,481 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$562.8K
$492.5K – $656.6K (±1% cap)
NOI $39,396 @ 7.0% cap · market cap 3.94%
Theoretical Best
Retail
$10.49M
$9.17M – $12.23M (±1% cap)
NOI $733,991 @ 7.0% cap · market cap 73.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Southern Alameda County ... Dental Office Innolia Energy Solar Energy Company Despain Tax Services Consultant Bay Limousine Service Freight Service Redwoods AI Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Auto Parts Store Big Box & Wholesale Store Pharmacy Garden Center Parking Lot & Garage

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

979
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94566, CA

45,055
Population
16,698
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
20.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$187,721
Median Household Income
$104,642
Median Earnings
$2,639
Median Rent
$1,592,200
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
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Similar Off Market Nearby

  • Pleasanton Catering Company — 915 Main St, Pleasanton, CA 94566
  • New Thai Bistro — 4301 D, Valley Ave, Pleasanton, CA 94566

Frequently Asked Questions

What type of property is this?
Flex space - Fully built-out commercial suite with private offices, collaborative space, storage, kitchenette, and two restrooms.
Where is this flex space located?
The property is located at 405 Boulder Ct Unit 100 Pleasanton, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Corner unit in a Class B flex/R&D condominium building; Fully built‑out interior with immediate occupancy; Two private offices plus an open collaborative workspace
More about this property
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