Office Unit
For Sale
$650,000
710 Ferry St, Martinez, CA 94553
Office property with CC zoning in a 1950-built commercial building.
Property Size2,490 SF
Price / SF$261.04
Days on Market234
Property Features for 710 Ferry St
General Information
Standard status
Active
Size
2,490 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1950
Listing Agency:
RE/MAX Accord
(925) 947-1777
Listed By:
Courtney Ayers · License #02121181
(925) 818-9649
Source:
Exitrealty
Added: Feb 23
Changed: Oct 10
Last Checked: Oct 9 at 7:11PM
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 RE/MAX Accord
Investment Insights
Based on property information with market context.
This office property contains 2,490 square feet within a commercial building constructed in 1950. The property is identified with CC zoning, and no exterior features are listed.
Located at 710 Ferry St in Martinez, California, the property is situated in Contra Costa County. The available information identifies the asset as an office unit property offered for sale.
Located at 710 Ferry St in Martinez, California, the property is situated in Contra Costa County. The available information identifies the asset as an office unit property offered for sale.
Key Highlights
- 2,490‑square‑foot office property
- Constructed in 1950
- CC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,022
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,440
$900.4K
Cap Rate 7%
$643,171
$643.2K
Cap Rate 9%
$500,244
$500.2K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$73.2K $29.40/SF
− Vacancy
−$13.2K −$5.29/SF
EGI
$60.0K $24.11/SF
− OpEx
−$15.0K −$6.03/SF
NOI
$45.0K $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%
$900,440
Cap Rate 7%
$643,171
Cap Rate 9%
$500,244
Alternative Uses
Best Use
Retail
$909.6K
$795.9K – $1.06M
NOI $63,674 @ 7.0% cap · market cap 9.80%
Second Best
Office B
$643.2K
$562.8K – $750.4K
NOI $45,022 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$941.2K
$823.6K – $1.10M
NOI $65,885 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office property with CC zoning in a 1950-built commercial building.
Where is this office units located?
The property is located at 710 Ferry St Martinez, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,490‑square‑foot office property; Constructed in 1950; CC zoning
