Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2870 Howe Rd Martinez, CA 94553

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office building with recent upgrades and convenient highway access.

    Property size:
    15,246 SF
    Lot size:
    0.34 Acres

    Property Features for 2870 Howe Rd

    General Information

    Size
    15,246 SF
    Lot size
    0.34 Acres

    We can help!

    Listing Contact
    John Salamida
    John Salamida
    Source: Moodyscre

    Listing Agent: John Salamida

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Martinez Office Building For Sale

    This 15,246 square foot office building in Martinez, California, presents an owner/user opportunity. The property is well-parked, featuring 52 on-site parking spaces. Recent building upgrades include a new roof, elevator, and HVAC system. The location offers close proximity to Highway 4 and downtown Martinez restaurants and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    Martinez
    County
    Contra Costa
    State
    California
    Longitude
    -122.1177353
    Latitude
    37.999161

    Nearby Similar for Sale

    • $799,000
      1,855 SF

      Two Homes on One Lot

      Two updated homes on one lot in historic Martinez, CA.
      2910 Almond St, Martinez, CA 94553
      View Details
    • $875,000
      2,400 SF

      Martinez Triplex with Development Potential

      Triplex in Martinez, CA, with development potential and convenient location.
      4041-4047 Ellis Rd, Martinez, CA 94553
      View Details
    • New
      $885,000
      1,956 SF

      Martinez Triplex with Parking Lot

      Triplex on one lot, parking lot on second. Positive cashflow.
      3120 Pacheco Blvd, Martinez, CA 94553
      View Details
    • $1,100,000
      3,452 SF

      Martinez Home with Rear Warehouse

      Four-bedroom home featuring a large rear warehouse.
      4970 Blum Rd, Martinez, CA 94553
      View Details
    • $2,600,000
      12,191 SF

      Mixed-Use Building in Downtown Martinez

      Two-story mixed-use building with retail and office space.
      700 Main St, Martinez, CA 94553
      View Details
    • $875,000

      Duplex with Carquinez Strait Views

      Rare duplex with three units and Carquinez Strait views.
      1410 Lang St, Martinez, CA 94553
      View Details
    • $1,400,000

      Updated Retail/Office Building For Sale

      Retail and office suites in blossoming Downtown Martinez.
      411 Ferry St, Martinez, CA 94553
      View Details
    • $1,098,000

      Martinez Triplex with Long-Term Tenants

      Triplex near Highway 680 and Highway 4 interchange.
      4794 Blum Rd, Martinez, CA 94553
      View Details
    • $1,100,000
      1,702 SF

      Martinez Home with Rear Warehouse

      Four-bedroom home with a large rear warehouse for sale.
      4970 Blum Rd, Martinez, CA 94553
      View Details
    • $1,200,000

      Tri-Level Duplex Investment Opportunity

      Tri-level duplex with three units and long-term tenants.
      1040 Delacy Ave, Martinez, CA 94553
      View Details
    • Contact for pricing
      20,000 SF

      Concord Industrial Investment Opportunity

      Two light industrial buildings on a 1-acre ground lease.
      155 Nardi Ln, Martinez, CA 94553
      View Details
    • $720,000

      High-Visibility Building on Major Arterial

      High-visibility building with ample parking and upgraded mechanicals.
      6645 Alhambra Ave, Martinez, CA 94553
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with recent upgrades and convenient highway access.
    Where is this office building located?
    The property is located at 2870 Howe Rd Martinez, CA.
    What are key features of this property?
    This property features: - Recent Building Upgrades: New roof, elevator, and HVAC system.; - Well parked with 52 on-site spaces.; - 10% down SBA Financing Available.
    (925) 817-9055
    Request Owner's contact information
    2870 Howe Rd Martinez, CA 94553
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2870 Howe Rd
    Martinez, CA 94553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2870 Howe Rd Martinez, CA 94553
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Salamida
    John Salamida
    (925) 817-9055
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.