Property profile

1069 Serpentine Ln 2 Pleasanton, CA 94566

OFF-MARKET
Other industrial properties
Property ID
US09-8532995
10,450 SF 0.24 ac lot Built 1992
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Constructed in 1992, this multi-tenant industrial condominium building contains approximately 7,850 square feet of R&D warehouse space on a 0.24-acre lot in Pleasanton’s Valley Business Park, located on Serpentine Lane near Downtown Pleasanton and Hacienda Business Park. The space includes an office buildout totaling about 20%, featuring three private offices, a reception area with a counter, and an open area that can accommodate an additional office and conference room. Flooring consists of plank vinyl in the office areas. The warehouse area has a 15-foot clear height and includes one roll-up door with an electric opener. The building was renovated in 2014, is equipped with a fully sprinklered fire suppression system, and has a rooftop 30 kW solar power system installed in 2006. Electrical service is provided at 300 Amps, 120/208 volts, with telecommunications services available via Comcast. The property includes parking for 19 vehicles and is situated within an area primarily characterized by other industrial buildings.

Property profile

Verified
Property type Other industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1992
Construction TILT-UP CONCRETE
Total area 10,450 SF
Lot 0.24 ac (10,465 SF)
APN 946-4547-154
UPID US09-8532995

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Temple
  • Church
  • Department Store
  • Building Supply
  • Interior Design Home Decor Store

Location

1069 Serpentine Ln, Unit 2 Pleasanton, CA 94566-4759
Pleasanton metro Census 450746 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.84M
Blend (final) Blend
$2.99M

Owner & transaction history

since 2022
Last sale
$3.4M
4 recorded transactions
2022
Price N/A
2022
$3.4M
2005
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $5.5M +97.4%
Restaurant $5.3M +89.3%
Neighborhood: shopping center $4.4M +59.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1069 Serpentine Ln, Unit 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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