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    2901 Cutting Blvd Richmond, CA 94804

    Sponsored
    For Sale
    $980,000

    High-yield retail & residential property. Seller financing available.

    Property size:
    3,696 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional mixed-use property, located at 2901 Cutting Boulevard in Richmond, California, presents a compelling investment opportunity. The building encompasses a generous 3,696 square feet situated on a 0.11-acre lot. The property's configuration is ideal for generating strong income streams, featuring a vibrant retail space on the main level, perfectly suited for a variety of commercial ventures. Above the retail space, the second floor houses two residential units, providing additional rental income potential. The current setup offers a solid foundation for immediate returns, making this an attractive proposition for investors seeking a diversified portfolio. The property's location in Richmond, CA, offers convenient access to major transportation routes and a thriving local community. This is a turnkey investment ready for immediate occupancy and income generation. The seller is open to considering seller financing options, making this an even more accessible opportunity for qualified buyers. This is a rare chance to acquire a well-established, income-producing property in a desirable location. Don't miss this chance to secure a valuable asset with significant upside potential. Serious inquiries only.

    Property Features for 2901 Cutting Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,696 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Cutting Market Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.3418
    Latitude
    37.92547

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield retail & residential property. Seller financing available.
    Where is this commercial real estate located?
    The property is located at 2901 Cutting Blvd Richmond, CA.
    What is the asking price?
    The asking price for this property is $980,000.
    (925) 291-0899
    Request Owner's contact information
    2901 Cutting Blvd Richmond, CA 94804
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    Richmond, CA 94804
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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
    2901 Cutting Blvd Richmond, CA 94804
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