Property photo 1
7 photos
ActiveMLS# 32606768974 days on market

$4,100,000

8 Circle Road

San Rafael, CA 94903

0 BD|0 BA|0 SQFT

About This Property

Major Price Reduction. Just over a 7% Cap Rate Beautiful home situated on over an acre lot in the prestigious Los Ranchitos neighborhood. The property is leased to Heartwood House, LLC through October 31, 2035, with contractual rent increases beginning in November 2027. The offering combines two distinct sources of value: substantial underlying Marin residential real estate and long-term income from an established behavioral healthcare use. At the current asking price, the property is offered at approximately $751 per building square foot, below the price-per-square foot level of several nearby larger residential sales.

Property Details

Property TypeCommercial
Year Built1999
Lot Size49,998 sqft
Stories1
Days on Market74
MLS Number326067689

Adam Modzeleski

Broker

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Est. Monthly Payment

$24,661

P&I: $20,732 | Tax: $2,904 | Insurance: $1,025

$4,100,000
%
%
Loan Amount$3,280,000
Down Payment$820,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

8 Circle Road, San Rafael, CA 94903

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