Property profile

656 23Rd St Richmond, CA 94804

FOR SALE
Retail space
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Property ID
US10-2023870
2,248 SF 0.08 ac Built 1920
Last sale Dec 2019·$1,266,500
Trust Owned Owner of record is a trust. 33-yr Hold Held for 33 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$509k
Assessed land$107k
Assessed improvement$402k
Effective rate2.01%

Value estimate

· Nov 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$168k
Vacancy & credit loss−$10k
Operating expenses−$71k
NOI · 3.84% cap applied$87k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$92 – $184
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.84%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCONTRA COSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.6
HVAC Service12.2
Law Firm11.7

Location

656 23Rd St Richmond, CA 94804
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1307 Carlson, Richmond, CA 94804-4927 $430,000 Jun 2025 2,132 SF
3411 Cutting, Richmond, CA 94804-3126 $620,000 Jul 2024 2,198 SF
1006 23rd, Richmond, CA 94804-1217 $270,200 Dec 2023 2,440 SF
933 Maine, Richmond, CA 94804-2432 $600,000 Sep 2023 2,482 SF
717 23rd, Richmond, CA 94804-1471 $520,000 Mar 2023 2,441 SF
220 6th, Richmond, CA 94804-2308 $455,000 Feb 2023 2,502 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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