89 Davis Rd, Orinda, CA 94563
- Office buildings
- 15,786 SF
- 0.97 lot acres
Current Use by Public Records
- Kristin Walker, M.D., Inc / Physician / Medical Clinic
- Tania DeGroot - Better Homes and Gardens / Real Estate Agency
- MacKenzie Capital Management, LP / Bank
- Nurture Acupuncture / Medical Clinic / Alternative Medicine Practice
- Better Homes and Gardens Real Estate: Julie Georgiou / Real Estate Agency
Property Details for 89 Davis Rd
- Year built
- 1983
- Lot size
- 0.97 lot acres
- Property type
- Office buildings
- APN
- 268-141-020-1
- APU
- 2681410201
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 7, 2017 | $6,590,000 | 89 Davis LP | Lamorinda Development & Investment | Grant Deed | $4.4M · Summit Bank |
| Oct 9, 1996 | — | Dev Lamorinda | Capital & Counties USA INC | Grant Deed | $1.3M · Sumitomo Bank Of California |
| Jun 30, 1982 | — | Owner Name Unavailable | — | Grant Deed · related | — |
| — | — | Dev Lamorinda | — | Deed Of Trust · related | $1.8M · American Equity Inv Life Ins |
| — | — | Development Lamorinda | — | Deed Of Trust · related | $2.2M · Mechanics Bank |
Description
This exceptional three-story medical office building, situated at 89 Davis Rd, Orinda, CA 94563, offers a unique leasing opportunity. The property, known as Orinda Towers, boasts a total of 16,355 square feet, with 4,176 square feet currently available for lease. Built in 1983, the building is located on a 0.969-acre lot and features ample parking with a ratio of 3.10 spaces per 1,000 square feet. The building's convenient location in Orinda, Contra Costa County, provides easy access to Bates Blvd. The property is classified as a multi-tenant medical office building, ideal for a variety of healthcare practices. The available space presents a significant opportunity for expansion or relocation for a medical professional seeking a well-established presence in a desirable location. The building's age and established presence in the community offer a sense of stability and familiarity for patients. The ample parking ensures convenient access for both patients and staff. This is a rare opportunity to secure prime medical office space in a thriving community. Interested parties should inquire promptly to learn more about this exceptional offering.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,075,000
- 6.5%
- $4,685,000
- 7%
- $4,350,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,425,000 Current use
- MEDICAL BUILDING
- $5,735,000 Change: +6% Conversion: Easy
- COMMERCIAL (GENERAL)
- $5,495,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orinda
- County
- Contra Costa
- State
- California
- Longitude
- -122.181
- Latitude
- 37.8799
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
