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Multi-Tenant Office Building
For Sale
$725,000
Pending

3978 Railroad Ave, Pittsburg, CA 94565

Commercial Sale, Pittsburg, CA

Property Size3,200 SF
Lot Size0.25 Acres
Days on Market62

Property Features for 3978 Railroad Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning CN
Exterior features Front Sign
Fencing Fenced
Subdivision Not Listed
Lot features Business District, Commercial, Neighborhood Commercial
Directions Off highway 4, Exit Railroad, right side of street..
Standard status Pending
APN 0871510269
Size 3,200 SF
Lot size 0.25 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1976
Floors in Building 1
Building materials Brick Veneer, Concrete, Frame, Wood Siding
Listing Agency: Kinetic Real Estate
Listed By: Luis Velasco · License #01931986
Added: Aug 13 Changed: Oct 4 Last Checked: Oct 13 at 2:06PM
MLS# 41144910

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 3978 Railroad Avenue in Pittsburg, this approximately 3,200-square-foot office building contains three independently accessed units. Two units are occupied, while the vacant unit has been updated and includes an open reception area with private offices. The configuration supports professional services, office use, and retail services under CN zoning.

The property sits on a 0.25-acre parcel with a 17-stall parking lot, front signage, fencing, and access to public water and public sewer. Constructed in 1976, the building incorporates brick veneer, concrete, frame, and wood siding materials. Its separate entrances and multi-unit layout provide flexibility for an owner-user or multiple occupants.

Key Highlights

  • Approximately 3,200 square feet configured as three separate office units
  • Two units occupied; one updated vacant unit with reception area and private offices
  • CN zoning supports professional services, retail services, and 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

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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.

Lease Details

3
Office units
Multi-tenant
Tenancy
Yes
Paved road access

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - CN-zoned commercial property with separate entrances, on-site parking, and a vacant unit configured for service-oriented occupancy.
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: Approximately 3,200 square feet configured as three separate office units; Two units occupied; one updated vacant unit with reception area and private offices; CN zoning supports professional services, retail services, and office uses
More about this property
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