Search
Multi-Tenant Office Building in Pittsburg
For Sale
$725,000

3978 Railroad Ave, Pittsburg, CA 94565

Multi-tenant office building with income potential in Pittsburg, California.

Property Size3,200 SF
Price / SF$226.56
Days on Market378

Property Features for 3978 Railroad Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1976
Listing Agency: Kinetic Real Estate
Listed By: Luis Velasco · License #01931986
Source: Exitrealty
Added: Oct 13, 2025 Changed: Oct 6 Last Checked: Oct 14 at 8:30PM

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 Kinetic Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located in the heart of Pittsburg, 3978 Railroad Avenue presents an opportunity for either an owner-user or investment. This well-maintained multi-tenant office building has a total area of approximately 3,200 square feet and is divided into three separate units. This configuration offers income stability alongside potential leasing upside. Currently, two units are occupied by established tenants, providing consistent rental income. One unit is vacant and equipped as a barber shop, making it suitable for immediate lease-up or for an owner-user. The building's flexible layout and zoning accommodate various professional service, retail service, or office uses. The property includes a parking lot with 17 parking stalls.

Key Highlights

  • Multi‑tenant office building with income from established tenants.
  • Vacant unit built out as a barber shop, ideal for immediate lease‑up or owner‑user.
  • Flexible layout and zoning supports various professional, retail, or office uses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,859
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,180 $1.2M
Cap Rate 7%
$826,557 $826.6K
Cap Rate 9%
$642,878 $642.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$94.1K $29.40/SF
− Vacancy
−$16.9K −$5.29/SF
EGI
$77.1K $24.11/SF
− OpEx
−$19.3K −$6.03/SF
NOI
$57.9K $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,180
Cap Rate 7%
$826,557
Cap Rate 9%
$642,878

Alternative Uses

Best Use
Office B
$826.6K
$723.2K – $964.3K (±1% cap)
NOI $57,859 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,672 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 94565, CA

100,341
Population
31,173
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
45.3 sq mi
ZIP Area
2,215
Density / Sq Mi
$95,035
Median Household Income
$44,149
Median Earnings
$2,145
Median Rent
$563,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with income potential in Pittsburg, California.
Where is this office building located?
The property is located at 3978 Railroad Ave Pittsburg, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Multi‑tenant office building with income from established tenants.; Vacant unit built out as a barber shop, ideal for immediate lease‑up or owner‑user.; Flexible layout and zoning supports various professional, retail, or office uses.
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
Why this one?
Saved