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Property profile & analytics
OFF-MARKET Estimated value $1,395,000
Medical Office Space

1393 Santa Rita Rd Pleasanton, CA 94566-5665

8,216 SF 0.8 ac lot Built 1984
Trust Owned 6-yr Hold Free & Clear
Property ID
US09-8314911
Property summary
AI-generated overview

This exceptional 3,936 square-foot medical office space is available for lease in Pleasanton, CA. Located at 1393 Santa Rita Rd, this single-story building sits on 0.8 acres and boasts 26 parking spaces, offering a convenient 3:1 parking ratio. Built in 1984 and renovated in 2014, the property is zoned O in the desirable Cedarwood Subdivision of Pleasanton, currently operating as an outpatient surgery center. The space features two operating rooms with a scrub area, a four-bed recovery/pre-op area, a conference room, office space, reception area, storage, and prep rooms. Abundant natural light illuminates the space, complemented by separate restrooms with showers and lockers. Three separate entrances provide easy access for patients and staff. Previously used as an outpatient hand and orthopedic surgery center, this property is ideally suited for a variety of medical practices. Its location near the Post Office, Stanford Healthcare-ValleyCare Hospital, high-ranking schools, parks, and downtown Pleasanton makes it highly attractive. The building also benefits from long-term established dental and medical tenants. The property's APN is 946-3367-023-01. The possibility of dividing the space into smaller suites exists to accommodate various needs.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1984
Construction WOOD
Total area 8,216 SF
Lot 0.8 ac (34,913 SF)
APN 946-3367-23-1
UPID US09-8314911
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
  • Dr. Eric M. Rowen, MD Physician
  • Natural Wellness Center Alternative Medicine Practice Spa & Massage Center
  • Dr. Forrest O. Smith, MD Physician
  • Gautam Pareek Physician
  • Dr. Brent R. Larson, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.40M
Owner & transaction history
Chen,paula L Trust · 6 yrs held
Chen,paula L Trust
since 2019
5 recorded transactions
2019
Price N/A
1989
$695,500
1983
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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