Flex Space with Warehouse
For Sale
$1,300,000
10301034 Ohio Avenue, Richmond, CA 94804
Commercial Sale, Richmond, CA
Property Size7,425 SF
Price / SF$175.08
Days on Market254
Property Features for 10301034 Ohio Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Intersection of Ohio Ave and S. 11th St.
Subdivision
699 - Not Defined
Standard status
Active
APN
5503320318
Amenities
break room
full kitchen
Building Details
Year built
1957
Listing Agency:
Pinnacle Real Estate Group
(626) 888-9808
Listed By:
Mason Zhao · License #02103122
(626) 262-3670
Added: Jan 26
Changed: Sep 30
Last Checked: Oct 7 at 8:06AM
MLS# AR26019935
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,425-square-foot flex property combines administrative and industrial functions within a 1957 building. The main level includes an entry foyer, several private offices, a break room, and a full kitchen, along with three half baths and two full baths. Warehouse areas and two garage bays provide substantial work and storage space for cultivation, manufacturing, or distribution operations. Two attic areas on the upper level add storage capacity and may support future conversion.
The property is located on Ohio Avenue in Richmond’s Green Zone, with access to Interstate 580 connecting the site with the East Bay and San Francisco. Its combination of office, service, warehouse, and garage areas supports a range of commercial operating formats.
The property is located on Ohio Avenue in Richmond’s Green Zone, with access to Interstate 580 connecting the site with the East Bay and San Francisco. Its combination of office, service, warehouse, and garage areas supports a range of commercial operating formats.
Key Highlights
- 7,425‑square‑foot flex property in Richmond’s Green Zone
- Main level includes private offices, break room, full kitchen, and entry foyer
- Warehouse areas with dual garage bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,579
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,811,580
$1.8M
Cap Rate 7%
$1,293,986
$1.3M
Cap Rate 9%
$1,006,433
$1.0M
Market Conditions
NOI Build-Up for 7,425 SF
Gross rent
$151.5K $20.40/SF
− Vacancy
−$12.1K −$1.63/SF
EGI
$139.4K $18.77/SF
− OpEx
−$48.8K −$6.57/SF
NOI
$90.6K $12.20/SF
Area
Richmond, CA
Vacancy
8.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,811,580
Cap Rate 7%
$1,293,986
Cap Rate 9%
$1,006,433
Alternative Uses
Best Use
Flex RnD
$1.29M
$1.13M – $1.51M
NOI $90,579 @ 7.0% cap · market cap 6.97%
Second Best
Warehouse
$709.2K
$620.6K – $827.4K
NOI $49,644 @ 7.0% cap · market cap 3.82%
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.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial building with offices, kitchen, and dual garage bays.
Where is this flex space located?
The property is located at 10301034 Ohio Avenue 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‑square‑foot flex property in Richmond’s Green Zone; Main level includes private offices, break room, full kitchen, and entry foyer; Warehouse areas with dual garage bays
