4138 Dyer St, Union City, CA 94587-3975
- Medical Office Space
- 5,480 SF
- 0.44 lot acres
Current Use by Public Records
- Dental Bench Preparation / Dental Office
- Aki Todd DDS / Dental Office
- Randhawa Dental Office / Dental Office
- Morales Dental Care / Dental Office
- Duran Eddon DDS / Dental Office
Property Details for 4138 Dyer St
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 483-73-9-2
- APU
- 4837392
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 14, 2025 | $3,500,000 | John Jung Yu | Jerome A Gray | Grant Deed | — |
| Jun 5, 2023 | — | Jerome A Gray | Jerome A Gray | Intrafamily Transfer · related | — |
| Mar 11, 2016 | — | Rita Gray | Gray,aubrey E | Affidavit Of Death · related | — |
| Apr 11, 2012 | — | Gray Family Living Trust | Gray Family Trust | Quit Claim Deed · related | — |
| Oct 18, 2005 | — | Gray Family Trust | Gray,a E & Rita | Quit Claim Deed · related | — |
| Nov 10, 1980 | — | — | — | Grant Deed · related | — |
Description
This exceptional Union City, CA medical office building, located at 4138 Dyer Street, presents a compelling investment opportunity. The 5,600 square foot, single-story building, constructed in 1936, sits on a 0.44-acre lot and boasts a prime location in Alameda County, zip code 94587. Currently housing five dental office suites, the property enjoys 100% occupancy with a remarkable history of zero vacancy for over two decades. Each of the five tenants benefits from direct parking lot access and enjoys a lease with a 3% annual rent increase. The triple-net lease structure ensures the landlord's operating expenses are fully covered. With 20 on-site parking spaces (a 3.57:1,000 sq ft ratio), this property offers exceptional convenience. The asking price is $4,000,000, translating to $714.29 per square foot. This stable, high-income-producing asset benefits from a strong demographic profile and excellent regional access, making it an ideal investment for discerning buyers seeking a consistently profitable venture. The property's APN is 483-73-9-2.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,600,000
- ML approach
- $3,500,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,165,000 Current use
- RESTAURANT
- $2,760,000 Change: +27% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,330,000 Change: +7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Alameda
- State
- California
- Longitude
- -122.07
- Latitude
- 37.5883
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
