Add Listing
    For Lease
    • 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

    401 Parr Blvd Richmond, CA 94801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse space available for lease in Richmond, California.

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Ryan Davidson
    Ryan Davidson
    Source: Lee-associates

    Listing Agent: Ryan Davidson

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

    Learn more

    Property Insight Report

    Overview

    Richmond Warehouse Space Available

    A warehouse space encompassing 19,351 square feet is currently available for lease. The property is located in Richmond, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Similar Places Nearby

    Parr Boulevard RV Storage Yard

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.3643064
    Latitude
    37.9691767

    Nearby Similar for Lease

    • $5,866 /Mo
      10,000 SF

      Richmond Office Space Near Kaiser

      Newly upgraded office space near Kaiser Richmond Medical Center.
      1017 Macdonald Ave, Richmond, CA 94801
      View Details
    • Contact for pricing

      12354 San Pablo Ave, Richmond, CA

      15,000 SF commercial lot for lease on San Pablo Avenue.
      12354 San Pablo Ave, Richmond, CA 94530
      View Details
    • $1.00 SF/Yr
      12,500 SF

      Renovated Office Space Available

      Renovated office space for rent in Richmond, California.
      1961 Meeker Ave, Richmond, CA 94804
      View Details
    • $1,395 /Mo

      Restored Office Space in Richmond

      Charming 760 SF office space in historic Point Richmond.
      201 W Richmond Ave, Richmond, CA 94801
      View Details
    • $1.00 SF/Yr

      Renovated Office in Gated Park

      Renovated office space in a secure, multi-tenant business park.
      1961 Meeker Ave, Richmond, CA 94804
      View Details
    • $1.00 SF/Yr

      Renovated Office in Gated Park

      Renovated office space in a secure, multi-tenant business park.
      1961 Meeker Ave, Richmond, CA 94804
      View Details
    • $1.25 SF/Yr
      18,550 SF

      Richmond Industrial Building with Cranes

      18,550±SF industrial building with freeway access and cranes.
      1420-1430 Potrero Ave, Richmond, CA 94804
      View Details
    • Contact for pricing
      142,708 SF

      Richmond Warehouse Space Available

      142,708 SF warehouse space with rail access.
      211-213 W Cutting Blvd, Richmond, CA 94804
      View Details
    • Contact for pricing
      30,349 SF

      Richmond Flex Space Available Now

      30,349 SF flex space with office, parking, and high ceilings.
      217 Harbour Way, Richmond, CA 94801
      View Details
    • Contact for pricing
      97,020 SF

      Richmond Industrial Building For Lease

      97,020 SF Class A industrial building available for lease.
      3450 Collins Ave, Richmond, CA 94806
      View Details
    • Contact for pricing
      202,371 SF

      Richmond Industrial Property Under Construction

      Industrial property in Richmond, CA, delivering Q1 2025.
      1411 Harbour Way S, Richmond, CA 94804
      View Details
    • $0.75 SF/Yr
      222,606 SF

      Richmond Warehouse Space Available

      Warehouse space available for sublease in Richmond industrial park.
      770 Market Ave, Richmond, CA 94801
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space available for lease in Richmond, California.
    Where is this warehouse located?
    The property is located at 401 Parr Blvd Richmond, CA.
    What are key features of this property?
    This property features: - Available now; - Year Built: 1960
    (510) 469-3300
    Request Owner's contact information
    401 Parr Blvd Richmond, CA 94801
    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.
    401 Parr Blvd
    Richmond, CA 94801
    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
    401 Parr Blvd Richmond, CA 94801
    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
    Ryan Davidson
    Ryan Davidson
    Real Estate License ID: 01400582
    (510) 469-3300 (510) 903-7600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!