Single-Story Office
For Sale
Contact for pricing
56 Mayhew Way, Walnut Creek, CA 94597
Single-story office building with dedicated 10-stall parking lot and easy access to BART and Interstate 680.
Property Size2,704 SF
Lot Size0.30 Acres
Price / SF$536.24
Days on Market189
Property Features for 56 Mayhew Way
General Information
Standard status
Active
Size
2,704 SF
Total Parking Spaces
10
Lot size
0.30 Acres
Property subtype
Office
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Stories
1
Listing Agency:
Newmark
Listed By:
Forrest Gherlone · License #CA 01376723
(925) 974-0100
Source:
Crexi
Added: Apr 16
Changed: Oct 3
Last Checked: Oct 20 at 7:49PM
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
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Investment Insights
Based on property information with market context.
Approximately 2,704 square foot single-story office building available for an owner/user. The property offers a functional design and attractive interior architecture, supported by a dedicated parking lot with 10 stalls.
56 Mayhew Way is situated on about 0.3 acres and provides easy access to BART (about 0.5 miles), as well as Interstate 680. The area also offers proximate retail and restaurant amenities.
The building’s layout and dedicated parking support straightforward day-to-day office operations for an owner or tenant-user.
56 Mayhew Way is situated on about 0.3 acres and provides easy access to BART (about 0.5 miles), as well as Interstate 680. The area also offers proximate retail and restaurant amenities.
The building’s layout and dedicated parking support straightforward day-to-day office operations for an owner or tenant-user.
Key Highlights
- Approximately 2,704 SF single‑story office building available for an owner/user
- Dedicated parking lot with 10 stalls
- On approximately 0.3 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,891
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,820
$977.8K
Cap Rate 7%
$698,443
$698.4K
Cap Rate 9%
$543,233
$543.2K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$79.5K $29.40/SF
− Vacancy
−$14.3K −$5.29/SF
EGI
$65.2K $24.11/SF
− OpEx
−$16.3K −$6.03/SF
NOI
$48.9K $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 Rate 5%
$977,820
Cap Rate 7%
$698,443
Cap Rate 9%
$543,233
Alternative Uses
Best Use
Office B
$698.4K
$611.1K – $814.9K
NOI $48,891 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$894.4K – $1.19M
NOI $71,548 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
Business Placement
Demographics for 94597, CA
23,661
Population
11,262
Households
2.1
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
5,771
Density / Sq Mi
$142,685
Median Household Income
$79,278
Median Earnings
$2,557
Median Rent
$986,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with dedicated 10-stall parking lot and easy access to BART and Interstate 680.
Where is this office building located?
The property is located at 56 Mayhew Way Walnut Creek, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Approximately 2,704 SF single‑story office building available for an owner/user; Dedicated parking lot with 10 stalls; On approximately 0.3 acres
