$719,000
FOR SALEActive22093 Redwood Road
Castro Valley CA 94546
1,904
SF
Office
Type
1948
Built
$378/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Motivated Seller!! Great Exposure Redwood Road Income property!! Lowest price/sqft in Castro Valley for sale. Currently fully occupied office building. Current rent collection of $62K/annually, with room to increase the below market rent and triple net added value to the total income can be achieved. Six private offices, waiting room, galley kitchen, gated driveway, washer & dryer, storage space, Solar panels system. Great visibility on Redwood Road. Easy FWY access. Near shops, restaurants, and medical buildings. Zoned for Office Only. Agent is related to seller. Broker/Agent does not guarantee the accuracy of square footage, lot size, zoning, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer and Buyer's Agent are advised to independently verify the accuracy of all information through personal inspection and with appropriate licensed professionals. **Please do Not disturb the tenants.**
Property Information
Property Overview
Commercial - Office
Property Type
Active
Status
C-O (Commercial- Office B
Zoning
0.12 acres
Lot Size
6
Total Units
1,904 SF
Square Footage
$377.63/SF
Price per SF
3.00%
Cap Rate
$43K
NOI
1,948
Year Built
1
Stories
4
Parking Total
2.10
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
3% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
3.00%
Cap Rate
$43,000
NOI
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CRMLS
MLS# PTP2601851
Listed:
Nalren refreshed:
Last updated
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Listed by: Susan Azar, Broker
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.