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Property profile & analytics
FOR LEASE
Retail space
201 W Richmond Ave 1 Richmond, CA 94801
Trust Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1422112
For Lease
1 / 6
$695/Mo
201 W Richmond Ave,Unit 1, Richmond, CA 94801
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Total area
5,722 SF
Lot
0.08 ac (3,600 SF)
APN
558-164-004-1
UPID
US09-1422112
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
-
Edison Electricians of Richmond Electrical Service General Contractor
-
Richard J Alexander Law Office Law Firm
-
ClientClicks Internet Marketing Marketing & Advertising
-
Professional Property Management Property Management Company Real Estate Agency
-
FMI Commercial Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.11M
Owner & transaction history
Howe Trust · 24 yrs held
Howe Trust
since 2002
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+63.4%
Auto repair, garage
$1.5M
+49.2%
Office building
$1.4M
+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%
$1,285,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
RETAIL STORES
$990,000
Current use
COMMERCIAL (GENERAL)
$1,620,000
Change: +63% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,475,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$1,415,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,320,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$27,554
Tax year 2024
Assessed value
$1,755,000
Assessed 2024
Previous assessed
$1,755,000
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$269,200
Assessed improvement
$1,485,800
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 Lease
Year built
1901
Heating
NONE
Stories
1
Units
4
Rooms
4
Total area
5,722 SF
Lot
0.08 ac (3,600 SF)
APN
558-164-004-1
UPID
US09-1422112
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
$990,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
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
1901
Heating
NONE
Stories
1
Units
4
Rooms
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Howe Trust
Trust
Mailing address
952 SCHOOL ST #257, NAPA, CA 94559-2826
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2021
—
Pt Richmond Equities INC
—
Deed
related
$1,760,000 · Cathay Bank
Sep 7, 2017
—
Pt Richmond Equities INC
—
Deed
related
$1,600,000 · Medallion Gold INC
Oct 4, 2016
—
Smith Properties INC
—
Deed
related
$475,000 · Marinai Family Trust (pt)
Apr 30, 2002
—
Howe Trust
Howe,mark R & Susan J
Quit Claim Deed
related
—
Dec 31, 2001
$700,000
Mark R Howe
Hartynyk Trust
Grant Deed
$450,000 · Hartynyk Trust
Sep 14, 1992
—
Hartynyk Trust
Hartynyk,hilda M
Quit Claim Deed
related
—
Oct 1, 1979
—
—
—
Grant Deed
related
—
—
—
Raymond D Smith
—
Deed Of Trust
related
$525,000 · Angotti & Reilly INC
—
—
Pt Richmond Equities INC
—
Deed Of Trust
related
$1,500,000 · Wilshire Fin Ptrs
—
—
Pt Richmond Equities INC
—
Deed Of Trust
related
$1,075,000 · Reeves Living Trust (lt)
—
—
Smith Properties INC
—
Deed Of Trust
related
$475,000 · Marinai Family Trust (pt)
—
—
Pt Richmond Equities INC
—
Deed Of Trust
related
$1,600,000 · Medallion Gold 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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