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Property profile & analytics
OFF-MARKET Estimated value $120,000
Office buildings

19693 Redwood Rd Castro Valley, CA 94546-3456

402 SF 0.13 ac lot Built 1945
Individually Owned 1-yr Hold Free & Clear
Property ID
US09-8549364
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1945
Construction TILT-UP CONCRETE
Total area 402 SF
Lot 0.13 ac (5,450 SF)
APN 84B-590-17-7
UPID US09-8549364
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k
Owner & transaction history
Munawer Ahmedali Fazalbhoy · 1 yrs held
Munawer Ahmedali Fazalbhoy
since 2024
Last sale
$425,000
7 recorded transactions
2024
$425,000
2021
Price N/A
2017
$127,000
2017
$252,000
2006
Price N/A
1996
Price N/A
1981
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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