Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    610 Ct St Martinez, CA 94553-1205

    • Office buildings
    • 7,134 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2272373
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 610 Ct St

    Year built
    1955
    Lot size
    0.08 lot acres
    Property size
    7,134 SF
    Property type
    Office buildings
    APN
    373-265-001-9
    APU
    3732650019

    Description

    This exceptional two-story, 6,233-square-foot executive office building in vibrant downtown Martinez, California, presents a compelling investment opportunity. Located at 610 Court Street, this property boasts a desirable 6.00% cap rate and an asking price of $1,440,000. Built in 1955, the building features high-quality finishes and is situated directly across from the County Buildings, ensuring excellent pedestrian traffic and visibility. The property is zoned CC and sits on a 0.09-acre lot. Currently, 73% occupied, the building offers immediate occupancy for retail spaces, including two vacant suites (Suite 102: 784 square feet and Suite 103: 871 square feet). The entire second floor is occupied as executive office space. A recorded condo map allows for the potential sale of individual condo units. This prime location in the heart of Martinez offers unparalleled accessibility and benefits from a thriving downtown environment. The property's strong financials, combined with its strategic location and flexible space options, make it an ideal investment for owner-users or investors seeking a high-return asset in a desirable California market. The building's mix of retail and office space provides diverse income streams and potential for future growth. Don't miss this chance to acquire a well-maintained, high-performing commercial property in a flourishing downtown area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $359,000
      Market price range: $360k - $1.42M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Martinez
    County
    Contra Costa
    State
    California
    Longitude
    -122.135
    Latitude
    38.0187
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,263
    $246,281
    $219,187
    $465,468
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $590,000
      16,288 SF

      2880 Howe Rd

      OFFICE BUILDING • 16,288 SF
      2880 Howe Rd, Martinez, CA 94553-4000
      View Details
    • Value Estimation
      $665,000
      19,104 SF

      114 Ctr Ave

      OFFICE BUILDING • 19,104 SF
      114 Ctr Ave, Pacheco, CA 94553-5610
      View Details
    • Value Estimation
      $460,000
      7,210 SF

      4335 Pacheco Blvd

      OFFICE BUILDING • 7,210 SF
      4335 Pacheco Blvd, Martinez, CA 94553
      View Details
    • Value Estimation
      $395,000
      2,196 SF

      2356 Pacheco Blvd

      OFFICE BUILDING • 2,196 SF
      2356 Pacheco Blvd, Martinez, CA 94553-2038
      View Details
    • Value Estimation
      $500,000
      15,400 SF

      1333 Pne St

      OFFICE BUILDING • 15,400 SF
      1333 Pne St, Martinez, CA 94553-1855
      View Details
    • Value Estimation
      $480,000
      4,609 SF

      110 Blue Rdg Dr

      OFFICE BUILDING • 4,609 SF
      110 Blue Rdg Dr, Martinez, CA 94553-6102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,246 SF

      Martinez Office Building For Sale

      Office building with recent upgrades and convenient highway access.
      2870 Howe Rd, Martinez, CA 94553
      View Details
    • $999,999
      7,382 SF

      Downtown Martinez Office Building

      Two-story office building in downtown Martinez, approximately 7,382 SF.
      820 Alhambra Ave, Martinez, CA 94553
      View Details
    • $740,000
      2,952 SF

      Martinez Office Building For Sale

      Single tenant office building with yard/parking near downtown.
      2356 Pacheco Blvd, Martinez, CA 94553
      View Details
    • $838,000

      Downtown Martinez Craftsman Office Building

      Iconic Craftsman office building in Downtown Martinez near courthouses.
      1004 Court St, Martinez, CA 94553
      View Details
    • $720,000

      High-Visibility Building on Major Arterial

      High-visibility building with ample parking and upgraded mechanicals.
      6645 Alhambra Ave, Martinez, CA 94553
      View Details
    • $999,999
      7,382 SF

      Downtown Martinez Office Building For Sale

      Two-story, 7,382 SF office building in downtown Martinez.
      Martinez, CA 94553
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      781 SF

      Campus Office Development For Rent

      Campus office development with freeway access and on-site amenities.
      1350 Arnold Dr, Martinez, CA 94553
      View Details
    • Contact for pricing
      7,420 SF

      Martinez Medical Office Space

      1,475 SF Available, Prime Location
      742 Arnold Dr, Martinez, CA 94553
      View Details
    • Contact for pricing
      966 SF

      Campus Office Development For Rent

      Office space in a campus setting with freeway access.
      1330 Arnold Dr, Martinez, CA 94553
      View Details
    • $19 SF/Yr
      5,260 SF

      Pacheco Blvd Office Campus

      Prime Martinez Office Space: Flexible Suites Available
      3930 Pacheco Blvd, Martinez, CA 94553
      View Details
    • Contact for pricing
      4,400 SF

      Office and Shop Building For Rent

      Standalone office and shop building with secured yard for rent.
      2368 Pacheco Blvd, Martinez, CA 94553
      View Details
    • Contact for pricing
      606 SF

      Campus Office Space Available

      Office space for rent with freeway access and parking.
      1340 Arnold Dr, Martinez, CA 94553
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    610 Ct St
    Martinez, CA 94553-1205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.