Richmond Warehouse in Green
For Sale
$1,300,000
10301034 Ohio Ave, Richmond, CA 94804
Versatile warehouse in Richmond's Green Zone, ideal for various uses.
Property Size7,425 SF
Price / SF$175.08
Days on Market192
Property Features for 10301034 Ohio Ave
General Information
Standard status
Active
Size
7,425 SF
Building Details
Year Built
1957
Listing Agency:
Pinnacle Real Estate Group
Listed By:
Mason Zhao · License #02103122
(626) 262-3670
Source:
Myfabuloushome
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 3:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Group
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Investment Insights
Based on property information with market context.
This approximately 7,425 square foot commercial warehouse is located in Richmond's Green Zone. The industrial property is suitable for operators, investors, or owner-users. The main level includes an entry foyer, multiple private offices, a break room, and a full kitchen. The building contains three half baths and two full baths. The property features expansive warehouse and dual garage bays, suitable for cultivation, manufacturing, or distribution. Two upper-level attic spaces provide additional square footage for storage or potential conversion. Located on Ohio Avenue, the property offers convenient access to Interstate 580, connecting to the East Bay and San Francisco. The location has a bike score of 58, indicating it is bikeable, a walk score of 73, indicating it is very walkable, and a transit score of 53, indicating good transit options.
Key Highlights
- ±7,425 sq ft commercial warehouse ideal for operators, investors, or owner‑users.
- Expansive warehouse and dual garage bays ideal for cultivation, manufacturing, or distribution.
- Convenient access to Interstate 580, connecting to the East Bay, San Francisco, and beyond.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,644
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$992,880
$992.9K
Cap Rate 7%
$709,200
$709.2K
Cap Rate 9%
$551,600
$551.6K
Market Conditions
NOI Build-Up for 7,425 SF
Gross rent
$61.5K $8.28/SF
− Vacancy
−$3.1K −$0.41/SF
EGI
$58.4K $7.87/SF
− OpEx
−$8.8K −$1.18/SF
NOI
$49.6K $6.69/SF
Area
Richmond, CA
Vacancy
5.00%
Lease Rate
$8.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$992,880
Cap Rate 7%
$709,200
Cap Rate 9%
$551,600
Alternative Uses
Best Use
Warehouse
$709.2K
$620.6K – $827.4K
NOI $49,644 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.77M
$1.55M – $2.07M
NOI $124,166 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
960
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94804, CA
45,108
Population
16,659
Households
2.7
Avg Household Size
37
Median Age
32%
College-Educated
78%
High-School Grad
6.5 sq mi
ZIP Area
6,940
Density / Sq Mi
$86,430
Median Household Income
$46,473
Median Earnings
$1,825
Median Rent
$618,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Dreisbach Cold Storage — 3151 Regatta Blvd, Richmond, CA 94804
- Public Storage — 398 Carlson Blvd, Richmond, CA 94804
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse in Richmond's Green Zone, ideal for various uses.
Where is this warehouse located?
The property is located at 10301034 Ohio Ave Richmond, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: ±7,425 sq ft commercial warehouse ideal for operators, investors, or owner‑users.; Expansive warehouse and dual garage bays ideal for cultivation, manufacturing, or distribution.; Convenient access to Interstate 580, connecting to the East Bay, San Francisco, and beyond.
