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Property profile & analytics
OFF-MARKET
Medical Office Space

1333 Grand Ave Piedmont, CA 94610-1079

5,836 SF 0.14 ac lot Built 1961
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-8151876
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity presents a 5,606 square foot building situated on Grand Avenue in the affluent city of Piedmont, California. Boasting a 6.20% cap rate and a strong NOI of $217,172, this stabilized property is currently 100% occupied by four tenants under net leases. The building features two stories and benefits from annual rent increases. Located on a highly trafficked thoroughfare (approximately 15,800 vehicles daily), this property offers excellent visibility and accessibility. The tenants include a diverse mix of businesses, including dental practices, a ballet studio, and a Brazilian Jiu Jitsu academy. This is a rare chance to acquire a high-quality mixed-use asset in one of the Bay Area's most desirable communities, with an average household income exceeding $250,000. The property is one of only 19 commercially zoned buildings within Piedmont's city limits, making it a truly unique investment opportunity. The asking price is $3,500,000, translating to a price per square foot of $624.33. This property offers stable income and significant long-term value potential. The address is 1333 Grand Ave, Piedmont, CA 94610.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Construction TILT-UP CONCRETE
Total area 5,836 SF
Lot 0.14 ac (6,250 SF)
APN 50-4557-2
UPID US09-8151876
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fundamentum LLC · 1 yrs held
Fundamentum LLC
since 2024
Last sale
$2.9M
7 recorded transactions
2024
$2.9M
2016
Price N/A
2013
Price N/A
2001
$700,000
1983
$500,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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