265 15th Street Richmond, CA 94801
Flexible mixed-use building near Richmond BART & Amtrak.
Property Features for 265 15th Street
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Mixed Use, Industrial, Office
Building Details
- Year Built
- 1917
Listing office CapWise Commercial Advisors, Inc.
Listing date May 15, 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 CapWise Commercial Advisors, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Flexible T5 Core zoning allows for commercial, industrial, residential, and community‑oriented uses.
- Located steps from Richmond BART & Amtrak, providing direct Bay Area connectivity.
- ±2,700 SF building with warehouse, office, mezzanine, and potential live/work functionality.
Local Financial Insights For Mixed Use
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 | $61.6k | $22.80 |
| − Vacancy | −$5.5k | −$2.05 |
| EGI | $56.0k | $20.75 |
| − OpEx | −$21.0k | −$7.78 |
| NOI | $35.0k | $12.97 |
