Single-Story Mixed-Use
For Sale
$1,430,000
4156 Railroad Ave, Pittsburg, CA 94565
Commercial Sale, Pittsburg, CA
Property Size6,855 SF
Lot Size0.45 Acres
Price / SF$208.61
Days on Market360
Property Features for 4156 Railroad Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CN
Parking features
Covered
Subdivision
Riverview Hts.
Lot features
Business District, Strip Retail, Commercial, Freeway Nearby, Neighborhood Commercial
Directions
Railroad Exit, right side of st.
Standard status
Active
APN
0871660189
Size
6,855 SF
Lot size
0.45 Acres
Building Details
Year built
1984
Floors in Building
1
Building materials
Wood
Listing Agency:
Kinetic Real Estate
(925) 849-4955
Listed By:
Luis Velasco · License #01491441
(925) 577-6038
Added: Sep 5, 2025
Changed: Aug 29
Last Checked: Aug 30 at 6:06AM
MLS# 41110409
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.
This mixed-use property comprises two lots totaling 23,347 square feet and a 6,855-square-foot, single-story building constructed in 1984. The layout is configured for multiple occupants, with two units currently leased and a third unit vacant after prior church use. Covered parking provides 31 stalls for tenants, customers, and visitors.
The property fronts Railroad Avenue, identified as a major commercial corridor in Pittsburg, with proximity to Highway 4. CN zoning supports a range of professional service, retail service, and office uses, subject to confirmation with the planning department. The vacant unit provides existing space for an owner-user or a new tenant while rental income continues from the occupied units.
The property fronts Railroad Avenue, identified as a major commercial corridor in Pittsburg, with proximity to Highway 4. CN zoning supports a range of professional service, retail service, and office uses, subject to confirmation with the planning department. The vacant unit provides existing space for an owner-user or a new tenant while rental income continues from the occupied units.
Key Highlights
- 6,855‑square‑foot multi‑tenant building on two lots totaling 23,347 square feet
- 31 covered parking stalls
- Two units occupied; one unit vacant after prior church use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$106,424
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,128,480
$2.1M
Cap Rate 7%
$1,520,343
$1.5M
Cap Rate 9%
$1,182,489
$1.2M
Market Conditions
NOI Build-Up for 6,855 SF
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.
Gross rent
$185.1K $27.00/SF
− Vacancy
−$14.8K −$2.16/SF
EGI
$170.3K $24.84/SF
− OpEx
−$63.9K −$9.32/SF
NOI
$106.4K $15.53/SF
Area
Contra Costa County, CA
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,128,480
Cap Rate 7%
$1,520,343
Cap Rate 9%
$1,182,489
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,295 @ 7.0% cap · market cap 12.26%
Second Best
Mixed Use
$1.52M
$1.33M – $1.77M
NOI $106,424 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$2.59M
$2.27M – $3.02M
NOI $181,383 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 15%
Bonfare Market
Shops & Services
6,551 visits/mo
0.2 miles
Oil Changers
Shops & Services
2,370 visits/mo
0.4 miles
Pizza Guys
Dining
1,594 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - CN-zoned commercial property with multi-tenant occupancy and on-site covered parking.
Where is this mixed-use property located?
The property is located at 4156 Railroad Ave Pittsburg, CA.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: 6,855‑square‑foot multi‑tenant building on two lots totaling 23,347 square feet; 31 covered parking stalls; Two units occupied; one unit vacant after prior church use
