4713 1St StPleasanton, CA 94566

Property Details for 4713 1St St

Year built

1986

Construction

WOOD

Lot size

0.93 AC

Property size (Sq ft)

21,950 SF

Property type

Office buildings

APN

94-157-28

APU

9415728

Description

This exceptional medical office building, situated in the heart of downtown Pleasanton, offers a unique investment opportunity. The property, known as Pleasanton Station II, boasts a total of 16,500 square feet, with 2,371 square feet currently available for lease. Built in 1986 and situated on a 2.2-acre lot, the building features a mix of built-out and shell space, catering to diverse medical practices. The available space presents a chance to establish or expand a medical practice in a thriving location. The building is conveniently located near Railroad Ave, providing easy access for patients and staff. While the building currently has only three parking spaces, the ample lot size offers potential for expansion. The property's multi-tenant configuration allows for flexibility and shared amenities. This prime location in Alameda County offers high visibility and accessibility, making it an ideal setting for a successful medical practice. The combination of available space, convenient location, and existing infrastructure makes this a compelling opportunity for medical professionals seeking a well-established presence in a desirable market. The property is zoned for medical office use and also includes retail/service space availability.

• CAP approach

  CAP return

  Valuation

  6%

  $7,704,398

  6.5%

  $7,111,752

  7%

  $6,603,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,122,074

  Geo Method

  $6,122,074

• Alternative Use

  Use

  Valuation

  Residential

  $8,818,573

  Hospitality

  $8,077,766

  Educational

  $6,720,606

  Medical

  $6,951,738

  Retail

  $10,454,276

Location Insight

City

Pleasanton

County

Alameda

State

California

Latitude

37.6577

Longitude

-121.876

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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