19830 Lake Chabot RdCastro Valley, CA 94546
- Healthcare properties
- 4,340 SF
Property Details for 19830 Lake Chabot Rd
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 4,340 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 84A-150-10-2
- APU
- 84A150102
Description
Exceptional opportunity to acquire a 5,290 square foot medical office building in Castro Valley, CA. Located directly across from Sutter Health Medical Center, this three-story, Class B building features four medical suites, two currently leased at 41% occupancy. Built in 1969, the property includes a fully built-out basement (approximately 950 sq ft), an elevator, 16 parking spaces, and low-maintenance landscaping. Situated on a 15,894 sq ft lot in the Castro Valley Business District (CVBD), this multi-tenant property offers significant potential for owner-users seeking an SBA-loan-compatible space or investors targeting steady rental income. The asking price is $1,799,000 ($340.08/sq ft, $449,750/unit), and a 1031 exchange is permitted. The property's APN is 84A-150-10-2. This is a gross lease property with no tenant credit rating.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,004,481
- 6.5%
- $1,850,290
- 7%
- $1,718,127
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,433,473
- Geo Method
- $1,210,469
-
Alternative Use
- Use
- Valuation
- Residential
- $2,294,360
- Hospitality
- $2,101,621
- Educational
- $1,748,524
- Medical
- $1,808,659
- Retail
- $2,719,927
Location Insight
- City
- Castro Valley
- County
- Alameda
- State
- California
- Latitude
- 37.7002
- Longitude
- -122.087
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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