19842 Lk Chabot Rd Castro Valley, CA 94546-4002
This exceptional 5,842 square foot single-story medical office building is ideally situated across from Sutter Health Medical Center in Castro Valley, CA. Built in 1975 and extensively renovated in 2017, the property boasts ten exam rooms, an x-ray room, and a fully built-out basement including a laundry chute. The building sits on a half-acre lot providing ample private parking for sixteen vehicles. Zoned CVBD-S04, this owner-user opportunity is perfect for medical professionals seeking a prominent location in a thriving medical corridor. The asking price is $2,895,000, translating to $495.55 per square foot. This turnkey medical facility offers immediate occupancy and significant potential for growth. The property's strategic location, modern amenities, and ample parking make it an attractive investment for both owner-users and investors seeking a strong return in a high-demand market. The building's single-story design and existing medical infrastructure offer significant advantages for a seamless transition and immediate operational efficiency. This is a rare opportunity to acquire a well-maintained, high-quality medical office building in a prime Castro Valley location.
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
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Property description
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