5401 Norris CynSan Ramon, CA 94583

  • Medical offices
  • 30,873 SF
Off market
$6,390,550 Estimated

Property Details for 5401 Norris Cyn

Year built
1990
Lot size
0.64 AC
Property size (Sq ft)
30,873 SF
Property type
Medical offices
Property subtype
Medical centers
APN
213-750-002-7
APU
2137500027

Description

This exceptional medical office building, located on the campus of San Ramon Regional Medical Center, offers a variety of suite sizes perfect for medical practices of all sizes. The building boasts a total of 30,873 square feet, with multiple tenancy options available. Currently, there are 5 spaces available, ranging from a minimum of 644 square feet to a maximum contiguous space of 1,215 square feet; larger spaces up to 1,678 square feet may be available by combining units. A total of 5,507 square feet is currently vacant and ready for immediate occupancy. The building's convenient location in Contra Costa County provides easy access to Interstate 680 and a wealth of nearby restaurants. This is an on-campus medical office building, offering excellent visibility and a strong referral network from an established base of long-term medical tenants. The property benefits from several existing medical suites, creating a collaborative and supportive environment. Tenant improvement allowances are negotiable, making this an attractive opportunity for practices seeking to establish or expand their presence in a thriving medical community. The building offers a unique opportunity to lease high-quality medical office space in a desirable location with excellent access and amenities. Contact us today to learn more about the available spaces and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,259,066
    6.5%
    $13,162,214
    7%
    $12,222,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,197,149
    Geo Method
    $8,610,788
  • Alternative Use

    Use
    Valuation
    Residential
    $16,321,146
    Hospitality
    $14,950,082
    Educational
    $12,438,293
    Medical
    $12,866,065
    Retail
    $19,348,456

Location Insight

City
San Ramon
County
Contra Costa
State
California
Latitude
37.7772
Longitude
-121.958
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
$100,127
$1,400,134
$6,872,946
$8,273,080
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FAQs

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