Property profile

998 Rush Creek Pl Novato, CA 94945

OFF-MARKET
Office Spaces
22,000 SF
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Property summary

AI-generated overview

This exceptional Novato, CA commercial property at 998 Rush Creek Pl, offers a unique blend of office and outdoor space, totaling 22,000 square feet. The property features a well-appointed, 22,000-square-foot office building with ADA access and sprinklers, divisible into spaces as small as 256 square feet. A substantial, fully fenced yard encompassing 22,889 square feet provides ample outdoor storage or operational space. Currently vacant, this versatile property includes paved parking and a bonus feature: a ventilated storage container with an attached shed. The property's CI zoning in Marin County allows for diverse uses, including contractor storage, vehicle sales/parking, and various outdoor storage options (subject to City of Novato Use Permits for most outdoor applications). Located in Novato, CA 94945, this one-of-a-kind opportunity is ideal for businesses seeking a combination of office and expansive outdoor space. The property's flexible layout and convenient location make it a highly desirable asset. The entire 22,000 square feet is currently available for lease.

Property profile

Verified
Property type Office Spaces
Total area 22,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

998 Rush Creek Pl Novato, CA 94945
Novato metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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