19693 Redwood Rd, Castro Valley, CA 94546
This exceptional 402-square-foot traditional office building presents a unique investment opportunity in the desirable Castro Valley, California market. Located at 19693 Redwood Rd, Castro Valley, CA 94546, this property boasts a prime corner lot spanning 5,450 square feet, offering excellent visibility and accessibility. Built in 1945, the building is zoned for office use and is currently listed at $540,000, translating to a price per square foot of $1,343.28. The property is ideally suited for owner-operators seeking a convenient and well-situated workspace. Potential buyers are advised to independently verify permitted uses with Alameda County. This offering is structured as a 1031 exchange, providing significant tax advantages for qualified investors. The property's location in Castro Valley offers easy access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a well-positioned office building in a highly sought-after area. Serious inquiries are encouraged to explore this promising investment prospect further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.