1 Bates BlvdOrinda, CA 94563

  • Office properties
  • 11,212 SF
For Lease
$27/SF/YR View listing

Property Details for 1 Bates Blvd

Year built
1987
Lot size
0.99 AC
Property size (Sq ft)
11,212 SF
Zone code
O1
Property type
Office properties
Property subtype
Office buildings
APN
268-013-004-0
APU
2680130040

Description

This exceptional medical office space, located at 1 Bates Blvd in Orinda, California, presents a unique leasing opportunity. The building, situated on a 0.989-acre lot and constructed in 1988, offers a total of 11,212 square feet. Currently, 2,600 square feet is available for lease, ideal for a growing medical practice or expansion. The property is conveniently located near Davis Rd in Contra Costa County, zip code 94563, providing easy access for patients and staff. The building's classification as a multi-tenant property ensures a vibrant and collaborative environment. The property's address is 1 Bates Blvd, Orinda, CA 94563. This is a prime opportunity to secure a well-located, spacious medical office in a desirable area. The building's existing infrastructure and convenient location make it an attractive option for various medical specialties. The available space offers flexibility for customization to meet specific practice needs. Don't miss this chance to establish or expand your medical practice in this thriving community. The 2,600 square feet of vacant space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,105,490
    6.5%
    $2,866,606
    7%
    $2,661,848
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,861,103
    Geo Method
    $3,127,139
  • Alternative Use

    Use
    Valuation
    Residential
    $3,554,591
    Hospitality
    $3,255,986
    Educational
    $2,708,942
    Medical
    $2,802,107
    Retail
    $4,213,910
1 Bates Blvd, Orinda, California

Location Insight

City
Orinda
County
Contra Costa
State
California
Latitude
37.8817
Longitude
-122.18
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
$23,519
$156,939
$1,331,957
$1,488,896
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