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    1061 Serpentine Ln E E Ste Pleasanton, CA 94566-4793
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    Property profile & analytics

    1061 Serpentine Ln E E Ste Pleasanton, CA 94566-4793


    • Flex space
    • 2,509 SF
    Off-Market
    Last Sale May 18, 2022
    $950,000
    Property ID
    US09-8516031
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    3.2%
    Flex space
    Location Intelligence

    Current Use by Public Records

    • Krazan and Associates Inc / Engineering Consultant / Engineer
    • LMG HealthCare / Hospital
    • DSP Construction / Construction Company
    • Excel Building Services LLC / General Contractor
    • Karen Suing Convenience store / Grocery & Convenience Store

    Property Details for 1061 Serpentine Ln E E Ste

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Property size
    2,509 SF
    Property type
    Flex space
    APN
    946-4547-222
    APU
    9464547222

    Description

    This exceptional 7,120 square foot flex space at 1061 Serpentine Lane, Unit A-I and H, in Pleasanton, California's Valley Business Park, presents a compelling owner-user opportunity. Priced at $2,812,400 ($395/SF), the property boasts attractive suite interiors and generates substantial income. Currently, Unit H (5,020 SF) is leased until December 31, 2025, and Unit A-I (2,100 SF) is leased until April 30, 2025. The property's strong financial performance is highlighted by an annual rental income of $210,708.00, offset by annual operating expenses of $75,936.90, resulting in a healthy annual net operating income of $134,771.10. This Alameda County location, with its convenient access and desirable business park setting, makes this a prime investment for owner-occupants seeking both immediate income and long-term value. The property is situated at 1061 Serpentine Ln, Pleasanton, CA 94566. This is a rare opportunity to acquire a well-leased, income-producing industrial flex space in a highly sought-after location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $940,000
      ML approach
      $835,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $922,000
      Market price range: $597k - $923k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $665,000
      Current use
      OFFICE BUILDING
      $1,315,000
      Change: +97% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,065,000
      Change: +60% Conversion: Difficult
      MEDICAL BUILDING
      $990,000
      Change: +49% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $810,000
      Change: +21% Conversion: Easy
      RETAIL STORES
      $710,000
      Change: +7% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $705,000
      Change: +5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.868
    Latitude
    37.6693
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,782
    $296,514
    $691,866
    $988,380
    -
    $0.00
    $0.00
    $0.00
    More about this property
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