Upper-Level Office
For Sale
Contact for pricing
624 Ferry St, Martinez, CA 94553
The floor includes three private offices, a reception area, a break room, and two bathrooms.
Property Size3,360 SF
Price / SF$0.80
Days on Market147
Property Features for 624 Ferry St
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Office
Space & Availability
Floor
Second
Condition
Move-in Ready
Additional Details
Property Use
Office
Amenities
Break Room
Reception area
private Bathrooms
Building Details
Year Built
1905
Listing Agency:
Fidelity Realty
Listed By:
Caleb Mitchell · License #01476566
(925) 497-8142
Source:
Jpnrealty
Added: Jun 8
Changed: Nov 1
Last Checked: Oct 31 at 10:09PM
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 Fidelity Realty
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Investment Insights
Based on property information with market context.
The 3,360-square-foot upper floor offers three offices, a reception area, a break room, and two private bathrooms. A separate entrance serves the office space. The building dates to 1905.
At 624 Ferry St, the property is adjacent to Main Street in downtown Martinez.
At 624 Ferry St, the property is adjacent to Main Street in downtown Martinez.
Key Highlights
- 3,360 square feet on the upper floor
- Three offices, reception area, and break room
- Two private bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,215,040
$1.2M
Cap Rate 7%
$867,886
$867.9K
Cap Rate 9%
$675,022
$675.0K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$98.8K $29.40/SF
− Vacancy
−$17.8K −$5.29/SF
EGI
$81.0K $24.11/SF
− OpEx
−$20.3K −$6.03/SF
NOI
$60.8K $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%
$1,215,040
Cap Rate 7%
$867,886
Cap Rate 9%
$675,022
Alternative Uses
Best Use
Office B
$867.9K
$759.4K – $1.01M
NOI $60,752 @ 7.0% cap · market cap 2,250.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,906 @ 7.0% cap · market cap 3,292.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The floor includes three private offices, a reception area, a break room, and two bathrooms.
Where is this office unit located?
The property is located at 624 Ferry St Martinez, CA.
What are key features of this property?
This property features: 3,360 square feet on the upper floor; Three offices, reception area, and break room; Two private bathrooms
