Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Richmond Land Development Opportunity Title is generated by Realmo AI

    Buena Vista Ave, Richmond, CA 94802

    View on Map
    Claim this Listing
    For Sale
    $320,000

    LAND - Richmond, CA

    Lot size:
    0.19 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    87
    Last Refresh:
    Jun 4 at 6:06 pm

    Property Features for Buena Vista Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    r-1
    Standard status
    Active
    APN
    5561510065
    Lot size
    0.19 Acres

    We can help!

    Listing Contact
    Luther Martin

    Listing agent Luther Martin License #01300553

    Listing office Winkler Real Estate Group 1215 Solano Ave, Albany, CA

    Listing date Mar 10, 2026

    MLS# 41126592 Listing URL

    Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready‑to‑pull permits and build.
    • Premium lot in desirable Point Richmond.
    • Rare development opportunity.
    • Plans for a high‑end home included.
    • Minutes to historic downtown, shops, parks, and beaches.
    • Convenient public transportation access.

    Overview

    This property presents a development opportunity in Point Richmond. The lot comes with approved plans for a high-end home, ready for permit acquisition and construction. The location provides access to the historic downtown area, shops, parks, and beaches. Public transportation is conveniently accessible from the property. The lot size is 0.1928 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.358972
    Latitude
    37.9361508

    Nearby Similar for Sale

    • $975,000
      4,535 SF

      Point Richmond Office Investment Opportunity

      Well-maintained office property in Point Richmond with income potential.
      116 Washington Avenue, Richmond, CA 94801
      View Details
    • $1,300,000
      7,425 SF

      Richmond Commercial Warehouse For Sale

      Versatile industrial property in Richmond's Green Zone, ideal for operators.
      10301034 Ohio Avenue, Richmond, CA 94804
      View Details
    • $995,000
      4,488 SF

      Richmond Multifamily Investment Opportunity

      Four units near transit with income and upside potential.
      1401 Bissell Ave, Richmond, CA 94801
      View Details
    • $750,000
      1,332 SF

      Richmond Duplex: Investment and Living

      Well-maintained Richmond duplex with income potential and updated features.
      1003-1011 Lassen St, Richmond, CA 94805
      View Details
    • $930,000
      3,288 SF

      Richmond Fourplex: Investment Opportunity

      Four-unit property in Richmond with strong rental demand and upside.
      100 S 21st street, Richmond, CA 94804
      View Details
    • $798,000
      3,462 SF

      Fourplex with Three 2BR Units

      1923-built 4-unit residential income property with three 2-bedroom units plus one 2-bedroom 1.5-bath unit.
      1225 Fred Jackson WAY, RICHMOND, CA 94801
      View Details
    • $849,000
      6,312 SF

      Versatile Commercial Building in Richmond

      6,312 SF commercial building with three units and parking.
      2809 Macdonald AVE, Richmond, CA 94804
      View Details
    • $640,000
      1,476 SF

      Richmond Duplex: Investment Opportunity

      Well-located duplex with immediate income and long-term rental potential.
      2620 Maricopa Ave, Richmond, CA 94804
      View Details
    • $120,000

      Redevelopment Land With Arterial Frontage

      Level waterfront-adjacent land rezoned for mixed-use development with ground-floor retail and upper-floor residential.
      2750 Regatta BLVD, RICHMOND, CA 94804
      View Details
    • $779,000
      1,630 SF

      Richmond Duplex: Spanish Style

      Classic Spanish-style duplex in Richmond Annex, move-in ready and vacant.
      1532 Mariposa St, Richmond, CA 94804
      View Details
    • $690,000
      1,974 SF

      Renovated 2-Unit Residential Income

      Completely renovated duplex with two 3-bedroom, 1-bath units, each with appliances and in-unit laundry.
      423 Silver Ave, Richmond, CA 94805
      View Details
    • $799,000
      1,358 SF

      Richmond Multifamily Income Property

      Income-producing duplex in desirable Richmond Annex neighborhood.
      6130 Van Fleet Ave, Richmond, CA 94804
      View Details

    FAQs

    What type of property is this?
    Land - Land with approved plans for a high-end home.
    Where is this land located?
    The property is located at Buena Vista Ave Richmond, CA.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Ready‑to‑pull permits and build.; Premium lot in desirable Point Richmond.; Rare development opportunity.
    (510) 367-8048
    We can help!
    Listing Contact
    Luther Martin
    Real Estate License ID: 01300553
    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.
    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

    Thank You for Inquiry
    Buena Vista Ave, Richmond, CA 94802
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!