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    415 Railroad Ave Pittsburg, CA 94565

    Sponsored
    For Sale
    $1,798,000

    Prime location, 13,806 SF, high cap rate.

    Property size:
    13,806 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 415 Railroad Ave in Pittsburg, California, presents a compelling investment opportunity. The 13,806 square foot building, constructed in 1922, sits on a 0.22-acre lot and boasts a Class B designation. Previously utilized as a bank, the versatile space is currently configured as office and retail space, offering significant potential for a variety of uses. The property's prime location in downtown Pittsburg, steps from the waterfront, ensures high visibility and accessibility. The asking price is $1,798,000, representing a compelling $130.23 per square foot and a 6.00% cap rate. The property's APN is 085-109-009-2. With its substantial size, desirable location, and strong financial metrics, this property is an ideal acquisition for both established businesses and astute investors seeking a prominent presence in a thriving California market. The building's adaptable layout allows for customization to suit diverse business needs, making it a truly unique and valuable asset. The property's potential extends beyond its current configuration, presenting opportunities for creative redevelopment and expansion. This is a rare chance to acquire a significant commercial property in a rapidly growing area.

    Property Features for 415 Railroad Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,806 SF
    Class
    B
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1922

    HighLights

    • $1,798,000 asking price for a 13,806 square foot mixed‑use building.
    • Class B property with a 6.00% cap rate and $130.23 price per square foot.
    • Located at 415 Railroad Ave, Pittsburg, CA 94565, on a 0.22‑acre lot.
    • Built in 1922, the property features former bank, executive office, and storefront spaces.
    • APN: 085‑109‑009‑2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburg
    County
    Contra Costa
    State
    California
    Longitude
    -121.8834407
    Latitude
    38.0323299

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, 13,806 SF, high cap rate.
    Where is this individual retail property located?
    The property is located at 415 Railroad Ave Pittsburg, CA.
    What is the asking price?
    The asking price for this property is $1,798,000.
    What are key features of this property?
    This property features: $1,798,000 asking price for a 13,806 square foot mixed-use building.; Class B property with a 6.00% cap rate and $130.23 price per square foot.; Located at 415 Railroad Ave, Pittsburg, CA 94565, on a 0.22-acre lot.
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    Pittsburg, CA 94565
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    Realmo Value Estimation

    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.

    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.

    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
    415 Railroad Ave Pittsburg, CA 94565
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