Retail Building Near
For Sale
$1,765,000
5050 Pacheco Blvd, Martinez, CA 94553
Retail building with showroom, office space, and excellent highway visibility.
Property Size4,767 SF
Price / SF$370.25
Days on Market101
Property Features for 5050 Pacheco Blvd
General Information
Standard status
Active
Size
4,767 SF
Property subtype
Industrial
Listing Agency:
Walnut Creek
(925) 279-5593
Listed By:
Curt Scheve · License #CA-00916122
(925) 279-5593
Source:
Colliers
Added: May 21
Changed: Aug 23
Last Checked: Aug 28 at 6:57AM
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 Walnut Creek
Investment Insights
Based on property information with market context.
This commercial building is located at the Hwy 4 & I-680 Interchange. The property features a steel structure of approximately 4,767 square feet, with an additional mezzanine of approximately 800 square feet that is not included in the main square footage. The building has a clear height of approximately 16 feet with a clear span, offering curb appeal and visibility from Pacheco Blvd. It includes four roll-up doors (12x12), office and showroom space, and an additional metal storage building of approximately 240 square feet. The property has 400 amps at 120/240V power and is zoned R-B (Retail Business). Recent upgrades include ADA improvements completed in 2017 and a French drain system installed in 2010.
Key Highlights
- Excellent location at Hwy 4 & I‑680 Interchange with high visibility.
- Boasts a ±4,767 SF steel structure with additional ±800 SF mezzanine space.
- Zoned R‑B (Retail Business) offering versatile usage options.
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
$121,901
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
6.91%
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%
$2,438,020
$2.4M
Cap Rate 7%
$1,741,443
$1.7M
Cap Rate 9%
$1,354,456
$1.4M
Market Conditions
NOI Build-Up for 4,767 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
$185.9K $39.00/SF
− Vacancy
−$11.8K −$2.47/SF
EGI
$174.1K $36.53/SF
− OpEx
−$52.2K −$10.96/SF
NOI
$121.9K $25.57/SF
Area
Contra Costa County, CA
Vacancy
6.33%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,438,020
Cap Rate 7%
$1,741,443
Cap Rate 9%
$1,354,456
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,901 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,135 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Home Improvements & Furnishings 30%
Apparel 15%
Public Storage
Shops & Services
2,165 visits/mo
0.5 miles
Ferguson
Home Improvements & Furnishings
1,168 visits/mo
0.5 miles
Ewing Outdoor Supply
Apparel
602 visits/mo
0.5 miles
Demographics for 94553, CA
49,756
Population
19,626
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
61.6 sq mi
ZIP Area
808
Density / Sq Mi
$121,023
Median Household Income
$70,337
Median Earnings
$2,247
Median Rent
$781,400
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.
Similar Off Market Nearby
- Astra Tile — 335 lakeside ct, martinez, ca 94553
Frequently Asked Questions
What type of property is this?
Showroom - Retail building with showroom, office space, and excellent highway visibility.
Where is this showroom located?
The property is located at 5050 Pacheco Blvd Martinez, CA.
What is the asking price?
The asking price for this property is $1,765,000.
What are key features of this property?
This property features: Excellent location at Hwy 4 & I‑680 Interchange with high visibility.; Boasts a ±4,767 SF steel structure with additional ±800 SF mezzanine space.; Zoned R‑B (Retail Business) offering versatile usage options.
