Richmond Automotive Industrial
2323 Nevin Ave, Richmond, CA 94804
Industrial automotive property with secured parking and income potential.
Type:Industrial
Property size:
12,390 SFLot size:
0.21 AcresPrice / SF:
$213/SF- Added:
- Mar 17, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 20 at 12:01 am
Property Features for 2323 Nevin Ave
General Information
- Standard status
- Active
- Size
- 12,390 SF
- Lot size
- 0.21 Acres
- Property subtype
- Industrial
Listing office HL Commercial Real Estate
Listing date Mar 17, 2026
Source Crexi
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 HL Commercial Real Estate
HighLights
- 9,000± SF gated parking lot ideal for automotive use.
- Includes a separate 1,200± SF leased unit with two roll‑up doors, providing income.
- Features five (5) roll‑up doors and three‑phase power (200 amps).
- Large showroom/retail area with vehicle access.
- Located in Richmond's established industrial and service corridor.
- Includes a spray booth preparation station.
Overview
The property at 2323 Nevin Avenue is an industrial automotive property located in Richmond, California, situated within Contra Costa County’s established industrial and service corridor. It is suitable for auto repair, specialty automotive, and light industrial uses. The site includes an approximately 9,000 square foot gated parking lot and five roll-up doors. The property has three-phase power with approximately 200 amps, and a spray booth preparation station. The interior features a large showroom/retail area with vehicle-accessible double-door entry and a separate service entrance. There is approximately 2,000 square feet of bonus mezzanine space, along with four restrooms. Additionally, the property includes a separate 1,200 square foot unit within the gated parking area, currently leased to an auto repair tenant and equipped with two roll-up doors, providing supplemental income and operational flexibility for an owner-user or investor. The total property size is 12,390 square feet.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $260.2k | $21.00 |
| − Vacancy | −$22.1k | −$1.79 |
| EGI | $238.1k | $19.22 |
| − OpEx | −$71.4k | −$5.76 |
| NOI | $166.7k | $13.45 |
12,390 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.38M
$2.08M – $2.78M
NOI $166,652 @ 7.0% cap · market cap 6.29%
Second Best
Flex RnD
$2.16M
$1.89M – $2.52M
NOI $151,148 @ 7.0% cap · market cap 5.70%
Theoretical Best
Multifamily LT 5
$2.96M
$2.59M – $3.45M
NOI $207,195 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Baja Tire — 1401 Cutting Blvd, Richmond, CA 94804
- Ledesma Performance Auto Repair — 1333 Cutting Blvd, Richmond, CA 94804
- VELOCITY MOBILE AUTO GLASS — 2531 Cutting Blvd, Richmond, CA 94804
- Rigoberto Flatbed Truck Inc. — 2429 Maine Ave, Richmond, CA 94804
- Felix Auto Repair — 1401 Cutting Blvd, Richmond, CA 94804
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Contra Costa
- State
- California
- Longitude
- -122.3465952
- Latitude
- 37.9371154
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Industrial automotive property with secured parking and income potential.
Where is this auto shop located?
The property is located at 2323 Nevin Ave Richmond, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 9,000± SF gated parking lot ideal for automotive use.; Includes a separate 1,200± SF leased unit with two roll‑up doors, providing income.; Features five (5) roll‑up doors and three‑phase power (200 amps).
