Technical
Financial
Distress signals
Property profile

30-32 9Th St Richmond, CA 94801

OFF-MARKET
Warehouses
2,400 SF
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Property summary

AI-generated overview

This Richmond, CA property offers a fantastic opportunity for owner-users seeking income generation. The 2,400 square foot property consists of two buildings: an approximately 1,800 square foot warehouse with drive-through access to a fenced yard, and a 600 square foot workshop. Currently housing two tenants, this multi-tenant property provides immediate rental income. The 5,000 square foot lot is zoned RM2, allowing for grandfathered light industrial use and potential live/work applications. Built in 1990, the single-story buildings are priced at $595,000, or $297,500 per unit, with a price per square foot of $247.92. The land value is $119 per square foot. The property is available for occupancy on September 28, 2024, and features a gross lease type. Seller financing may be available for qualified buyers. The property's address is 30-32 9th Street, Richmond, CA 94801, APN 538-430-004-1.

Property profile

Verified
Property type Warehouses
Total area 2,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30-32 9Th St Richmond, CA 94801
Richmond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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