19830 Lk Chabot Rd Castro Valley, CA 94546-4063
- Medical offices
- 4,340 SF
- 0.37 lot acres
Current Use by Public Records
- Medical offices
Property Details for 19830 Lk Chabot Rd
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.37 lot acres
- Property size
- 4,340 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 84A-150-10-2
- APU
- 84A150102
Description
Exceptional opportunity to acquire a 5,290 square foot medical office building in Castro Valley, CA. Located directly across from Sutter Health Medical Center, this three-story, Class B building features four medical suites, two currently leased at 41% occupancy. Built in 1969, the property includes a fully built-out basement (approximately 950 sq ft), an elevator, 16 parking spaces, and low-maintenance landscaping. Situated on a 15,894 sq ft lot in the Castro Valley Business District (CVBD), this multi-tenant property offers significant potential for owner-users seeking an SBA-loan-compatible space or investors targeting steady rental income. The asking price is $1,799,000 ($340.08/sq ft, $449,750/unit), and a 1031 exchange is permitted. The property's APN is 84A-150-10-2. This is a gross lease property with no tenant credit rating.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,240,000
- 6.5%
- $1,145,000
- 7%
- $1,060,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $639,000
Market price range: $300k - $1.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,405,000
- AUTO REPAIR, GARAGE
- $1,400,000
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Location Insight
- Map
- Local Demand
- City
- Castro Valley
- County
- Alameda
- State
- California
- Longitude
- -122.087
- Latitude
- 37.7002
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA