199 Linda Mesa AveDanville, CA 94526

  • Office properties
  • 8,231 SF
For Lease
$36/SF/YR View listing

Property Details for 199 Linda Mesa Ave

Year built
1967
Construction
WOOD FRAME
Lot size
0.18 AC
Property size (Sq ft)
8,231 SF
Zone code
RB
Property type
Office properties
Property subtype
Office buildings
APN
200-211-007-6
APU
2002110076

Description

This exceptional Class A office building, the Weller Professional Building, offers prime commercial space in a vibrant downtown location. Currently, there are two contiguous office suites available for lease, ideal for a variety of businesses. One suite offers approximately 597 square feet, while the other provides approximately 698 square feet. Both spaces are located on the first and second floors and are currently built out as open office spaces, perfect for immediate occupancy. The building's total area is 8,071 square feet, and the minimum divisible space is 597 square feet. The building boasts a convenient location adjacent to a large public parking lot, ensuring easy access for clients and employees. The lease rate is $3.00 per square foot. Tenants are responsible for their own PG&E and janitorial services. This presents a fantastic opportunity to establish a presence in a thriving Contra Costa County business district. The flexible space is suitable for a range of professional services or office uses. Inquire today to secure your ideal workspace in this desirable location. The building is categorized as a traditional office building with multiple tenancies.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,801,586
    6.5%
    $3,509,156
    7%
    $3,258,502
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,718,645
    Geo Method
    $2,295,708
  • Alternative Use

    Use
    Valuation
    Residential
    $4,351,354
    Hospitality
    $3,985,817
    Educational
    $3,316,153
    Medical
    $3,430,200
    Retail
    $5,158,460
199 Linda Mesa Ave, Danville, California

Location Insight

City
Danville
County
Contra Costa
State
California
Latitude
37.8238
Longitude
-122
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,378
$494,944
$999,705
$1,494,649
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