This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

380 Moraga Rd
Moraga, CA 94556

Office Property For Sale

Investment Highlights

  • Rare opportunity to develop ±2.51-acre site in one of the most affluent neighborhoods in the Bay Area.
  • Offers a unique blend of upscale living, a well-educated population, and a stable economy in a safe neighborhood.
  • Moraga benefits from the presence of Saint Mary’s College of California, which is a primary employer for the area and generates high student pop.
  • The town of Moraga recently adopted a Housing Element and a zoning change that now allows for residential development of this site.
  • Nationally ranked schools, multiple sports options, scenic hikes, and a thriving farmers market.
  • One of the nation's highest median household incomes and home values.

Executive Summary

Kidder Mathews as Exclusive Representative, is pleased to offer for sale 380 Moraga Road, Moraga CA, (the “Property”). This is a rare opportunity for a developer, owner-user and/or investor to acquire a 2.51 acre site improved with a ±27,960 SF office building, in the affluent Town of Moraga. Located at the prominent corner of Moraga Road and Rheem Blvd, the Property is situated across from the Rheem Shopping Center with proximity to the Saint Mary’s College campus.

The Town of Moraga, California is one of the most prosperous zip codes in the United States. Boasting a median household income well above the national average, highly rated schools, and strong quality of life, Moraga attracts a highly educated and established population with strong purchasing power.

The Town of Moraga recently adopted housing element and zoning changes to Rheem Park Mixed Commercial-Residential which allows for residential development at a permitted density of 24 units per acre. Additional density may be achieved by developing senior and affordable housing and utilizing the State Density Program.

380 Moraga Road, Moraga CA, is being offered for sale. All investors should base their offer on the "as-is, where is" condition of the property. In order to assist with underwriting, qualified purchasers will be provided access upon request to available due diligence information. The Owner requests that all interested parties provide Kidder Mathews with a formal Letter of Intent outlining the terms and conditions under which they propose to acquire the site. In addition, please provide a detailed summary of your company, principals and transaction history.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
27,960 SF
Building Class
C
Year Built/Renovated
1971/1998
Price
$8,888,000
Price Per SF
$318
Tenancy
Single
Building Height
1 Story
Typical Floor Size
27,960 SF
Building FAR
0.26
Lot Size
2.51 AC
Zoning
MCR - Multi-Use Residential/Commercial
Parking
100 Spaces (3.58 Spaces per 1,000 SF Leased)

Amenities

  • Natural Light

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
255-030-013-7
Land Assessment
$1,266,710
Improvements Assessment
$3,108,713
Total Assessment
$4,375,423
  • Listing ID: 31729112

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 380 Moraga Rd, Moraga, CA 94556

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}