Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    211-213 W Cutting Blvd Richmond, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    142,708 SF warehouse space with rail access.

    Type:INDUSTRIAL
    Property size:
    142,708 SF
    Lot size:
    13.41 Acres
    Added:
    Nov 13, 2024
    Days on Market:
    526
    Last Refresh:
    Apr 5 at 10:03 pm

    Property Features for 211-213 W Cutting Blvd

    General Information

    Standard status
    Active
    Size
    142,708 SF
    Lot size
    13.41 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 211-213 W Cutting Blvd Contact us

    We can help!

    Listing Contact
    Jason Ovadia
    Jason Ovadia

    Listing agent Jason Ovadia License #01742912

    Listing office JLL | Walnut Creek

    Listing date Nov 13, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of JLL | Walnut Creek

    Overview

    Richmond Warehouse Space Available

    This industrial property offers approximately 142,708 square feet of available warehouse space within a larger building of approximately 245,144 square feet. The office space is 10,560 square feet. The warehouse features a column spacing of 40’ x 40’ and a clear height ranging from 22’6” to 24’. It is equipped with 28 dock doors, including 9 levelers, and 4 rail doors. There is also one oversized grade-level door. The truck court depth measures approximately 95’. The warehouse is equipped with new, energy-efficient lighting and a sprinkler system providing 0.45 GPM/3,000 SF fire suppression. The property has approximately 1,000 Amps of power (tenant to confirm). There are 105 parking stalls available. Trailer parking is available. Rail access is possible. The zoning is Industrial Light.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Interstate Storage Richmond — 720 National Ct, Richmond, CA 94804
    • Boxbee — 740 National Ct, Richmond, CA 94804
    • StoragePRO Self Storage of Richmond — 101 W Cutting Blvd, Richmond, CA 94804
    • Storage Unit Cleanout — 38 washington ave suite a, point richmond, ca 94801
    • StorQuest Self Storage — 321 Canal Blvd, Richmond, CA 94804

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.374
    Latitude
    37.9262

    Nearby Similar for Lease

    • Contact for pricing

      Richmond Office Space For Lease

      Move-in ready office space near Kaiser and BART.
      1017 McDonald Ave, Richmond, CA 94801
      View Details
    • Contact for pricing

      Retail Space on Macdonald Avenue

      Retail space available for rent on Macdonald Avenue.
      2207 Macdonald Ave, Richmond, CA 94801
      View Details
    • $1.00/mo

      Renovated Office Space Available

      Renovated office space for rent in Richmond, California.
      1961 Meeker Ave, Richmond, CA 94804
      View Details
    • $1.00/mo

      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/mo

      Renovated Office in Gated Park

      Renovated office space in a secure, multi-tenant business park.
      1961 Meeker Ave, Richmond, CA 94804
      View Details
    • Contact for pricing

      12354 San Pablo Ave, Richmond, CA

      15,000 SF vacant lot for lease in Richmond, CA.
      12354 San Pablo Ave, Richmond, CA 94530
      View Details
    • Contact for pricing

      Point Richmond Office Space

      Restored 1905 building in historic Point Richmond.
      Richmond Suite 1, Richmond, CA 94801
      View Details
    • Contact for pricing

      Commercial Space for Rent

      Commercial property available for rent in Richmond, CA.
      2775 Giant Rd, Richmond, CA 94806
      View Details
    • $1.00/mo

      Richmond Warehouse Space Available Now

      Two connected metal buildings available for lease in Richmond.
      1430 Potrero Avenue, Richmond, CA 94804
      View Details
    • $0.75/mo

      Richmond Warehouse Space Available

      Warehouse space available for sublease in Richmond industrial park.
      770 Market Avenue, Richmond, CA 94801
      View Details
    • Contact for pricing

      Richmond Industrial Building For Lease

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

      Richmond Industrial Property Under Construction

      Industrial property in Richmond, CA, delivering Q1 2025.
      1411 Harbour Way S, Richmond, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - 142,708 SF warehouse space with rail access.
    Where is this warehouse located?
    The property is located at 211-213 W Cutting Blvd Richmond, CA.
    What are key features of this property?
    This property features: Large available space: ±142,708 s.f.; Abundant dock doors: **28, with 9 levelers**; **Rail access: 4 rail doors**, rail service possible
    (925) 944-2140 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Ovadia
    Jason Ovadia
    Real Estate License ID: 01742912
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!