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    12488 San Pablo Ave Richmond, CA 94805

    Sponsored
    For Sale
    $1,195,000

    Prime location, versatile 2-story building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    344
    This exceptional mixed-use property, situated on a 0.28-acre corner lot at 12488 San Pablo Ave in Richmond, CA, presents a lucrative investment opportunity. Built in 1946, the building offers a unique blend of commercial and residential space. The ground floor comprises four units: two office spaces and two retail units, each offering distinct possibilities for various businesses. The layout is designed for optimal functionality and tenant separation. Upstairs, a spacious three-bedroom, two-bathroom apartment provides additional income potential or comfortable owner-occupied living quarters. The property features a fenced and gated parking area, thoughtfully divided to accommodate both retail customers and residents. A private yard and a two-car garage add to the property's appeal. Its prime corner lot location ensures excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a high-traffic area. The property's versatility, combined with its desirable location and ample parking, makes it a strong contender in the Richmond commercial real estate market. This is a rare opportunity to acquire a well-established, income-generating property with significant upside potential. The asking price is $1,195,000.

    Property Features for 12488 San Pablo Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Metztli Boutique Burton Builders LLC General Contractor GR Innovative Builders ... Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.3271
    Latitude
    37.94019

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile 2-story building.
    Where is this commercial real estate located?
    The property is located at 12488 San Pablo Ave Richmond, CA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    (510) 222-0900
    Request Owner's contact information
    12488 San Pablo Ave Richmond, CA 94805
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    Richmond, CA 94805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12488 San Pablo Ave Richmond, CA 94805
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