998 Rush Creek Pl Novato, CA 94945
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.