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Medical Office Space Available
For Sale
$750,000

San Ramon, CA 94583, San Ramon, CA 94583

Medical office suites for sale in San Ramon, California.

Property Size1,704 SF
Price / SF$440.14
Days on Market253

Property Features

General Information

Standard status Active
Size 1,704 SF
Property subtype Office
Listing Agency: Newmark | Walnut Creek
Listed By: Rick Steffens · License #00466002
Source: Nmrk
Added: Jan 27 Changed: Oct 4 Last Checked: Oct 5 at 4:24PM

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 | Walnut Creek

Investment Insights

Based on property information with market context.

Medical office space is available for purchase within the San Ramon Regional Medical Center. Suite 320 offers 857 square feet of space. Suite 240 features 1704 square feet.

Key Highlights

  • Located in San Ramon Regional Medical Center
  • Medical Office Space
  • Suite 240 - 1704 SF ($5,00,000)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,810
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,200 $616.2K
Cap Rate 7%
$440,143 $440.1K
Cap Rate 9%
$342,333 $342.3K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$50.1K $29.40/SF
− Vacancy
−$9.0K −$5.29/SF
EGI
$41.1K $24.11/SF
− OpEx
−$10.3K −$6.03/SF
NOI
$30.8K $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%
$616,200
Cap Rate 7%
$440,143
Cap Rate 9%
$342,333

Alternative Uses

Best Use
Office B
$440.1K
$385.1K – $513.5K (±1% cap)
NOI $30,810 @ 7.0% cap · market cap 4.11%
Second Best
Healthcare Medical
$360.8K
$315.7K – $421.0K (±1% cap)
NOI $25,258 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K (±1% cap)
NOI $45,088 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

1,822
Businesses Nearby
Well-served
Demand for This Use

Demographics for 94583, CA

38,444
Population
14,208
Households
2.7
Avg Household Size
41
Median Age
64%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$184,033
Median Household Income
$97,697
Median Earnings
$2,973
Median Rent
$1,234,400
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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suites for sale in San Ramon, California.
Where is this medical office space located?
The property is located at San Ramon, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Located in San Ramon Regional Medical Center; Medical Office Space; Suite 240 - 1704 SF ($5,00,000)
More about this property
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