Property profile

920 Northgate Dr San Rafael, CA 94903

OFF-MARKET
Commercial real estate
Property ID
US09-3293163
7,155 SF 0.49 ac lot Built 1964
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional single-story medical office building, located at 920 Northgate Drive in San Rafael, California, 94903, offers a fantastic opportunity for medical professionals. Built in 1965, the 7,126 square foot building features eight suites, ranging in size from approximately 566 to over 1,540 square feet. Currently, several suites are occupied by dentists, creating a thriving medical community. Ample parking is provided with 43 spaces. Two suites are currently available. One vacant suite (Suite 7) offers approximately 2,829 square feet of space, ideal for a larger practice. This particular suite includes three operatories and a sterilization room, ready for immediate occupancy. The second available suite (Suite 8) is currently leased on a month-to-month basis, presenting a potential future expansion opportunity. The minimum divisible space is 870 square feet, while the maximum contiguous space available is 1,959 square feet. This property is situated in Marin County and provides easy access to major transportation routes. The building's single-story design ensures convenient access and functionality for patients and staff. This is a rare opportunity to secure prime medical office space in a highly desirable location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Total area 7,155 SF
Lot 0.49 ac (21,535 SF)
APN 175-322-04
UPID US09-3293163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

920 Northgate Dr San Rafael, CA 94903-3429
San Rafael metro Census 108202 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.23M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.75M

Owner & transaction history

since 2018
2 recorded transactions
2024
Price N/A
2018
$2.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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