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    1615 Hill Rd Novato, CA 94947

    Sponsored
    For Sale
    $569,000

    Prime Office Space, Hillside Views, $569,000

    Property size:
    3,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,234 square foot executive office building, located at 1615 Hill Rd in Novato, CA 94947, presents a compelling investment opportunity. Situated within the Novato Professional Center, this Class C property boasts a desirable hillside location offering scenic views. Built in 1965, the building is conveniently located less than a mile from the Novato Fair Shopping Center, providing employees and clients with easy access to amenities. Commuting is also a breeze, with Highway 101 just 1.5 miles away and Highway 37 a short 3-mile drive. Grant Avenue is only a 5-minute drive, offering additional convenience. The property features ample onsite parking, a significant advantage in this area. The asking price is $569,000, translating to a price per square foot of $175.94. The property's Assessed Parcel Numbers (APN) are 140-490-24

    Property Features for 1615 Hill Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,234 SF
    Class
    C

    Building Details

    Year Built
    1965

    HighLights

    • Located in the Novato Professional Center.
    • Hillside location with scenic views.
    • Ample onsite parking.
    • Less than one mile to Novato Fair Shopping Center.
    • 1.5 miles to Highway 101.
    • 3 miles to Highway 37.
    Property Profile Location Intelligence

    Current Use by Public Records

    Menasco Matthew DMD Dentist CB Labs Novato Laboratory Marin Reconstructive Periodontics Dental Implants Periodontist Endoart Endodontist Hickle Dallas H ... Oral Surgeon

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novato
    County
    Marin
    State
    California
    Longitude
    -122.5784365
    Latitude
    38.0973957

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Hillside Views, $569,000
    Where is this office property / space located?
    The property is located at 1615 Hill Rd Novato, CA.
    What is the asking price?
    The asking price for this property is $569,000.
    What are key features of this property?
    This property features: Located in the Novato Professional Center.; Hillside location with scenic views.; Ample onsite parking.
    (415) 451-2434
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    1615 Hill Rd Novato, CA 94947
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1615 Hill Rd Novato, CA 94947
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