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Property profile & analytics
OFF-MARKET
Manufacturing properties

2 17th St Richmond, CA 94801-3610

8,332 SF 0.39 ac lot Built 1920
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US09-0344608
Property summary
AI-generated overview

This exceptional commercial property, located at 2 17th Street in Richmond, California, presents a unique investment opportunity. The property encompasses a 0.39-acre lot and features a wood-framed industrial warehouse with a durable metal exterior. The warehouse boasts two convenient grade-level roll-up doors, providing easy access for loading and unloading. Power is robust, with 800-amp 3-phase service available. Adding significant versatility, the property includes two mezzanine levels, totaling approximately 2148 square feet (per appraisal). One mezzanine level offers a substantial build-out, complete with a fully equipped kitchen, a bathroom, and a dedicated recreational area, ideal for employee use or potential conversion to office space. The property also benefits from a large, fenced yard, offering ample secure outdoor space for storage or operations. Currently zoned RM2, the property enjoys grandfathered light industrial use status per the City of Richmond. This allows for flexible industrial uses, although buyers are advised to independently verify permitted uses with the city. Various equipment and fixtures may be included in the sale, providing a potential cost savings for the new owner. The asking price for this well-maintained and versatile property is $1,525,000.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1920
Total area 8,332 SF
Lot 0.39 ac (16,875 SF)
APN 540-370-023-9
UPID US09-0344608
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Archie Held · 24 yrs held
Archie Held
since 2001
5 recorded transactions
2023
Price N/A
2020
Price N/A
2001
$100,000
1977
$7,000
1977
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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