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    FOR SALE
    Office buildings

    19693 Redwood Rd, Castro Valley, CA 94546

    402 SF 0.13 ac lot Built 1945
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US09-8549364
    19693 Redwood Rd, Castro Valley, CA 94546 For Sale
    $850,000 402 SF
    19693 Redwood Rd, Castro Valley, CA 94546
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    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
    by Request
    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
    2017
    $127,000
    2017
    $252,000
    2006
    1996
    1981
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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