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155 N Redwood Dr
San Rafael, CA 94903
Office Property For Sale
Investment Highlights
- Owner-User Office with Long-Term Lease Benefits.
Executive Summary
Prime opportunity for an owner user. 155 North Redwood Road is an 11,248 square foot 2-story office building. Move into the upstairs office portion and receive income from the ground floor tenant. The ground floor is 60% occupied by a long term tenant, a real estate law firm, Scheer Law Group. Panoramic views, unlimited parking. Easy access to 101 from this beautiful park like setting in North San Rafael.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,248 SF
Building Class
B
Year Built
1981
Price
$1,388,888
Price Per SF
$123.48
Cap Rate
7.48%
NOI
$103,912
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,489 SF
Building FAR
1.99
Lot Size
0.13 AC
Zoning
O - Office District
Amenities
- Outdoor Seating
Property Taxes
| Parcel Number | 155-271-02 | Improvements Assessment | $1,931,359 |
| Land Assessment | $543,593 | Total Assessment | $2,474,952 |
Property Taxes
Parcel Number
155-271-02
Land Assessment
$543,593
Improvements Assessment
$1,931,359
Total Assessment
$2,474,952
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