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Property profile & analytics
OFF-MARKET
Industrial properties

998 Rush Creek Pl Novato, CA 94945

22,889 SF
Property ID
Property summary
AI-generated overview

This exceptional Novato industrial property, located at 998 Rush Creek Pl, 94945, offers a unique blend of functionality and convenience. The property encompasses a total of 22,889 square feet, including a 22,000+ square foot fenced storage yard and a 320+ square foot well-appointed office building. The office features ADA access and is sprinklered. The site also includes paved parking and a ventilated storage container with an attached shed, providing additional protected storage space. The property benefits from a flexible CI zoning designation, allowing for diverse uses such as contractor storage, vehicle parking/sales, or outdoor storage (subject to City of Novato Use Permits for most outdoor uses). Its strategic location provides immediate access to Highways 101 and 37, and proximity to the Smart Train. The asking price is $1,375,000, translating to $60.07 per square foot. The property is vacant and offered as a NNN lease. This is a rare opportunity to acquire a versatile industrial property in a prime Marin County location. The efficient layout and existing improvements make this an ideal investment for a variety of businesses. The property is fully fenced and offers many possible layout configurations.

Property profile
Verified
Property type Industrial properties
Total area 22,889 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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