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Property profile & analytics
OFF-MARKET Estimated value $635,000
Office buildings

1617 San Pablo Ave Pinole, CA 94564

3,966 SF 0.18 ac lot Built 1975
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-2586076
Property summary
AI-generated overview

This exceptional investment opportunity presents three commercial buildings situated on a 0.67-acre lot at the highly visible corner of San Pablo Avenue and Appian Way in Pinole, CA. The property boasts a diverse income stream generated by a well-established liquor store and two office buildings. One office building comprises four units, while the other offers eight units, providing a total of twelve individual rental spaces. Ample parking is available with 27 shared spaces supplemented by convenient street parking. This prime location ensures consistent high traffic throughout the day, maximizing rental potential and tenant occupancy. The buildings were constructed in 1971, 1975, and 1979, according to public records. This established property offers a strong foundation for immediate income generation and long-term growth. The asking price is $2,195,000. Interested parties should proceed through appropriate channels to arrange property access. Please respect the privacy of current tenants and refrain from direct contact. This is a rare chance to acquire a well-positioned, multi-building commercial property in a thriving area. The property's diverse tenant mix and high visibility make it an attractive investment for both seasoned and emerging commercial real estate investors. The substantial parking provision further enhances the property's appeal and functionality.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 3,966 SF
Lot 0.18 ac (7,841 SF)
APN 401-100-051-2
UPID US09-2586076
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$635k
Owner & transaction history
Graciet G Serpa · 3 yrs held
Graciet G Serpa
since 2022
5 recorded transactions
2022
Price N/A
2011
Price N/A
1987
Price N/A
1971
Price N/A
1970
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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