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Property profile & analytics
FOR SALE
Retail space
147 W Richmond Ave Richmond, CA 94801
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0365497
For Sale
1 / 18
$3,985,000
147 W Richmond Ave, Richmond, CA 94801
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1914
Total area
12,000 SF
Lot
0.11 ac (4,800 SF)
APN
558-101-017-9
UPID
US09-0365497
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pointe Richmond Family Practice Medical Clinic
-
The Final Sauce Big Box & Wholesale Store
-
Jane Himmelvo Pediatrician Physician
-
Bobby Bankz Beauty Hair Salon
-
Skin Esthetics Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.49M
Comparable Approach
Comparable
$2.76M
Blend (final)
Blend
$2.32M
Owner & transaction history
Omri LLC · 7 yrs held
Omri LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+63.4%
Auto repair, garage
$3.1M
+49.2%
Office building
$3.0M
+42.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,690,000
6.5%
$2,485,000
7%
$2,305,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,075,000
Current use
COMMERCIAL (GENERAL)
$3,395,000
Change: +63% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,100,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$2,970,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,765,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$193 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$67,883
Tax year 2024
Assessed value
$4,598,779
Assessed 2024
Previous assessed
$4,598,779
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$514,012
Assessed improvement
$4,084,767
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1914
Heating
NONE
Stories
1
Units
18
Rooms
18
Total area
12,000 SF
Lot
0.11 ac (4,800 SF)
APN
558-101-017-9
UPID
US09-0365497
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1914
Heating
NONE
Stories
1
Units
18
Rooms
18
Lot
0.11 ac
Current owner
From public records · entity-resolved
Omri LLC
Entity
Mailing address
951 MARINERS IS BLVD STE #300, SAN MATEO, CA 94404-1560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2018
$4,205,000
Omri LLC
Point Richmond Property LLC
Grant Deed
$2,523,000 · First Foundation Bank
Dec 5, 2016
—
Point Richmond Property LLC
—
Deed
related
$1,948,236 · Bank Of San Francisco
Apr 3, 2014
$2,175,000
Point Richmond Props INC
Patel,pravin
Grant Deed
$1,522,500 · Bank Of San Francisco
May 3, 2004
—
Paul A Cingolani
Cingolani,ursula
Quit Claim Deed
related
—
May 3, 2004
$807,000
Pravin Patel
Casten,bert
Grant Deed
$157,917 · Old Republic Exchange Facilita
Mar 29, 2000
$365,000
Point Richmond Partners LLC
Hollander Trust
Grant Deed
—
Dec 30, 1997
—
Hollander Trust
Hollander,adele C
Quit Claim Deed
related
—
—
—
Point Richmond Partners LLC
—
Deed Of Trust
related
$1,056,250 · California Federal Bank
—
—
Point Richmond Property LLC
—
Loan Modification
related
$1,948,236 · Bank Of San Francisco
—
—
Pravin Patel
—
Deed Of Trust
related
$1,281,000 · Citibank West Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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