1061 Serpentine LnPleasanton, CA 94566
- Industrial properties
- 2,509 SF
Property Details for 1061 Serpentine Ln
- Year built
- 1998
- Construction
- TILT-UP CONCRETE
- Property size (Sq ft)
- 2,509 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
- APN
- 946-4547-222
- APU
- 9464547222
Description
This exceptional 7,120 square foot flex space at 1061 Serpentine Lane, Unit A-I and H, in Pleasanton, California's Valley Business Park, presents a compelling owner-user opportunity. Priced at $2,812,400 ($395/SF), the property boasts attractive suite interiors and generates substantial income. Currently, Unit H (5,020 SF) is leased until December 31, 2025, and Unit A-I (2,100 SF) is leased until April 30, 2025. The property's strong financial performance is highlighted by an annual rental income of $210,708.00, offset by annual operating expenses of $75,936.90, resulting in a healthy annual net operating income of $134,771.10. This Alameda County location, with its convenient access and desirable business park setting, makes this a prime investment for owner-occupants seeking both immediate income and long-term value. The property is situated at 1061 Serpentine Ln, Pleasanton, CA 94566. This is a rare opportunity to acquire a well-leased, income-producing industrial flex space in a highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,092,232
- Hospitality
- $1,000,478
- Educational
- $832,386
- Medical
- $861,013
- Retail
- $1,294,823
Location Insight
- City
- Pleasanton
- County
- Alameda
- State
- California
- Latitude
- 37.6693
- Longitude
- -121.868
- 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
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