2221 Railroad Ave Pittsburg, CA 94565
This exceptional investment opportunity presents a 12-unit commercial property situated on a 0.66-acre lot at 2221 Railroad Ave in Pittsburg, CA. Priced at $3,288,000, this property offers a compelling 8% capitalization rate, driven by a stable tenant base primarily comprised of service-oriented businesses. Eleven of the twelve units are currently rented, with the remaining unit utilized for storage, presenting a potential for immediate additional income. Tenants are responsible for all interior maintenance and repairs, minimizing owner responsibilities. Annual rent and CAM charges experience a consistent 4-4.5% yearly increase, ensuring a steadily growing return on investment. The property enjoys a high occupancy rate and benefits from a prime location on a busy thoroughfare, adjacent to a Starbucks and in close proximity to major freeway access, schools, and BART. This value-added investment is poised for continued success, offering a strong foundation for long-term growth and profitability. The property's strategic location and stable tenancy make it an attractive proposition for discerning investors seeking a reliable and high-yielding asset. The current owner's proactive management has established a solid foundation for future success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.