Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4340 Redwood Hwy San Rafael, CA 94903
    Back to Search
    Property profile & analytics

    4340 Redwood Hwy, San Rafael, CA 94903

    View on Map
    • Office Spaces
    • 76,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Darya G. Ghafourpour, DDS Inc / Dental Office
    • O'Mahony & Myer Electrical / Engineer
    • Meredith Simpson, LMFT / Marriage Or Relationship Counselor
    • San Francisco Health Insurance Marketing / Insurance Agency
    • Bates Huffman Insurance Services / Insurance Agency

    Property Details for 4340 Redwood Hwy

    Year built
    1972
    Property type
    Office Spaces

    Description

    La Plaza offers exceptional executive office suites in San Rafael, California. This five-building complex, constructed in 1972, boasts a total of 76,000 square feet of office space and ample parking for 343 vehicles. Currently, 2,196 square feet of single-tenant office space is available, ranging in size from 197 to 2,196 square feet. The property is zoned for office use and is conveniently located at 4340 Redwood Highway, San Rafael, CA 94903, in Marin County. Amenities include a shared conference room with 9 hours of complimentary monthly use. Select suites feature desirable upgrades such as private restrooms, kitchenettes, or additional storage. All parking is for standard-sized vehicles (9'x19') and is allocated on a first-come, first-served, non-exclusive basis, according to the ratio of the tenant's rentable square footage to the building's total rentable square footage. Overnight and fleet parking are not permitted. This presents a unique opportunity to secure high-quality office space in a desirable Marin County location. The campus-style setting provides a professional and convenient work environment. Inquire today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Rafael
    County
    Marin
    State
    California
    Longitude
    -122.529
    Latitude
    37.9953

    Comparable in this City

    • Value Estimation by Request

      1 Saint Vincents Drive

      Educational/Office Space for Lease
      1 Saint Vincents Drive San Rafael, CA 94903, San Rafael, CA 94903
      View Details
    • Value Estimation by Request
      38,428 SF

      55 Mitchell Blvd

      Office Spaces
      55 Mitchell Blvd, San Rafael, CA 94903
      View Details
    • Value Estimation by Request
      93,296 SF

      3900-3950 Civic Center Dr

      Office Units
      3900-3950 Civic Center Dr, San Rafael, CA 94903
      View Details
    • Value Estimation by Request
      28,480 SF

      35 Mitchell Blvd

      Office Spaces
      35 Mitchell Blvd, San Rafael, CA 94903
      View Details
    • Value Estimation by Request
      1,715 SF

      4320 Redwood Hwy

      Industrial properties
      4320 Redwood Hwy, San Rafael, CA 94903
      View Details
    • Value Estimation by Request
      0.00 Acres

      San Rafael, CA 94903

      VACANT COMMERCIAL LAND
      San Rafael, CA 94903
      View Details

    Similar Nearby for Sale

    • $2,000,000

      San Rafael Office Condominium Opportunity

      Spectacularly improved office condominium in the Vineyard Business Center.
      4304 Redwood Hwy, San Rafael, CA 94903
      View Details
    • $2,400,000
      14,876 SF

      San Rafael Two-Story Office Building

      Two-story office building in North San Rafael's professional corridor.
      24 Professional Center Pkwy, San Rafael, CA 94903
      View Details
    • Contact for pricing
      4,605 SF

      Freeway Facing Office Condominium

      Spectacularly improved office condominium in the prestigious Vineyard project.
      4304 Redwood Hwy, San Rafael, CA 94903
      View Details
    • Contact for pricing
      3,440 SF

      Renovated Office Building in San Rafael

      Fully renovated 3,440 SF office building in Northgate Industrial Park.
      54 Mark Dr, San Rafael, CA 94903
      View Details
    • $2,400,000
      14,876 SF

      San Rafael Professional Office Building

      Two-story office building in North San Rafael's professional corridor.
      24 Professional Center Pkwy, San Rafael, CA 94903
      View Details
    • Contact for pricing

      Medical Office Building Leased to Kaiser

      27,200 SF medical office building 100% leased to Kaiser Permanente.
      111 Smith Ranch Rd, San Rafael, CA 94903
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Creekside Location

      Office space for lease in San Rafael/Larkspur with ample parking.
      7 Mount Lassen Dr, San Rafael, CA 94903
      View Details
    • Contact for pricing
      1,586 SF

      Office Space with Fifth Floor Views

      Office space featuring private offices, conference room, and reception area.
      1050 Northgate Dr, San Rafael, CA 94903
      View Details
    • Contact for pricing
      20,925 SF

      First Floor Office Space Available

      First floor office space available for lease.
      1 Saint Vincents Dr, San Rafael, CA 94903
      View Details
    • Contact for pricing
      4,738 SF

      North San Rafael Office Space

      Office space in Northgate Industrial Park with easy highway access.
      65 Mitchell Blvd, San Rafael, CA 94903
      View Details
    • Contact for pricing

      Northgate Drive Office Spaces Available

      Office spaces for rent near Northgate Mall and Highway 101.
      950 Northgate Dr, San Rafael, CA 94903
      View Details
    • Contact for pricing

      Office Space Near Transportation Hubs

      Office space for lease near airports and commuter rail.
      4040 Civic Center Dr, San Rafael, CA 94903
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4340 Redwood Hwy
    San Rafael, CA 94903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4340 Redwood Hwy, San Rafael, CA, 94903
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!