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Investment Highlights

  • LONG TERM LEASE
  • LARGE 1.15 ACRE LOT
  • ACCREDITED TENANT
  • IN-PLACE TENANT SINCE 2021
  • POTENTIAL SB9 LOT SPLIT

Executive Summary

8 Circle Rd is a 5,910+/- square foot single-family residence situated on an expansive 1.15-acre lot in San Rafael. Originally built in 1999 and significantly expanded in 2004 with a 3,634+/- square foot rear addition, the property has been thoughtfully configured to support healthcare operations while offering luxury residential amenities. The home features six private patient bedrooms, multiple private offices for staff and nurses, and two kitchen areas, including a primary kitchen operated daily by an onsite executive chef. A dedicated dining area, wood-burning fireplace, and multiple lounges, game, and TV areas create comfortable communal gathering spaces. The residence wraps around a private swimming pool on three sides, establishing a central outdoor amenity, and is complemented by a horseshoe driveway that provides convenient access and parking. The large lot also includes a small working farm with goats, sheep, and egg-producing chickens, all maintained by the current tenant, who has continuously operated at the property since 2021.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $360,000 $60.91
Other Income - -
Vacancy Loss - -
Effective Gross Income $360,000 $60.91
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $360,000
Annual Per SF $60.91
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $360,000
Annual Per SF $60.91
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $4,850,000
Price Per Bed $808,333
Sale Type Investment
Cap Rate 5.84%
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 1.15 AC
Building Size 5,910 SF
No. Beds 6
No. Stories 1
Year Built/Renovated 2002/2004
Zoning A2-B4 - Permits agricultural uses, single-family residential, and select accessory or commercial uses, with additional uses allowed subject to a Use Permit.

Amenities

  • Smoke Detector
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
179-191-05
Land Assessment
$1,393,780
Improvements Assessment
$1,070,423
Total Assessment
$2,464,203
  • Listing ID: 39678215

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 8 Circle Rd, San Rafael, CA 94903

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