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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
160 Washington Ave Richmond, CA 94801-3947
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-1972385
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
WOOD FRAME
Total area
2,950 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C2CD
APN
558-140-010-7
UPID
US09-1972385
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
-
Point Richmond Market Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$505k
Owner & transaction history
Harjinder Singh · 12 yrs held
Harjinder Singh
since 2014
7 recorded transactions
Zoning & alternative use
C2CD · Richmond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$835,000
+63.4%
Auto repair, garage
$760,000
+49.2%
Office building
$730,000
+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
$315,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
RETAIL STORES
$510,000
Current use
COMMERCIAL (GENERAL)
$835,000
Change: +63% · Conversion: Easy
AUTO REPAIR, GARAGE
$760,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$171 / 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
$14,406
Tax year 2024
Assessed value
$805,215
Assessed 2024
Previous assessed
$805,215
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$270,407
Assessed improvement
$534,808
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
Off-Market
Year built
1949
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
2,950 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C2CD
APN
558-140-010-7
UPID
US09-1972385
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C2CD · Richmond, CA
Zoning C2CD · permitted uses
C2CD · Richmond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$760,000
OFFICE BUILDING
Est. value
$730,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1949
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Harjinder Singh
Individual
Mailing address
160 WASHINGTON AVE, RICHMOND, CA 94801-3947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2021
—
Harjinder Singh
—
Deed
related
$541,591 · Wells Fargo Bank NA
Mar 26, 2018
—
Harjinder Singh
—
Deed
related
$577,480 · Wfb NA
Mar 31, 2014
—
Harjinder Singh
Kaur,ravinder
Quit Claim Deed
related
—
Mar 31, 2014
$670,000
Harjinder Singh
Nimer Massis
Grant Deed
$620,000 · Plumas Bank
Jun 16, 2009
$1,000,000
Nimer Massis
Warith,mohamed
Grant Deed
$500,000 · Onecalifornia Bank Fsb
Sep 1, 2005
—
Mohamed Warith
Warith,iziyah
Quit Claim Deed
related
$515,000 · Greenpoint Mortgage Funding
Dec 4, 1991
$290,000
Mohamed Warith
Unknown
Grant Deed
—
Mar 2, 1972
—
—
—
Grant Deed
related
—
—
—
Nimer Massis
—
Deed Of Trust
related
$135,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$100,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$113,297 · Mercantile Finance Co INC
—
—
Harjinder Singh
—
Deed Of Trust
related
$577,480 · Wfb NA
—
—
Mohamed Warith
—
Deed Of Trust
related
$103,983 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$30,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$6,500 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$420,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$190,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$29,000 · Mercantile Finance Co INC
—
—
Warith M.
—
Deed Of Trust
related
$190,000 · Individual
—
—
Mohamed Warith
—
Deed Of Trust
related
$100,000 · Mercantile Finance Co INC
—
—
Mohamed Warith
—
Deed Of Trust
related
$30,000 · Mercantile Finance Co INC
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.
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