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Property profile & analytics
FOR LEASE
Industrial properties
2041 Factory St Richmond, CA 94801
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0059305
For Lease
$6,780,000
2041 Factory St, Richmond, CA 94801
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2001
Total area
107,784 SF
Lot
6.34 ac (276,388 SF)
APN
561-322-034-1
UPID
US09-0059305
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
-
HelloFresh Warehouse & Storage
-
Richmond Wholesale Meat Co Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.83M
Blend (final)
Blend
$6.78M
Owner & transaction history
Duke Realty 2041 Factory Stree · 7 yrs held
Duke Realty 2041 Factory Stree
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.78M
Range $6.10M – $7.46M · ±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
$63 / 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
$496,218
Tax year 2024
Assessed value
$33,903,028
Assessed 2024
Previous assessed
$33,903,028
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$4,549,567
Assessed improvement
$29,353,461
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
2001
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
107,784 SF
Lot
6.34 ac (276,388 SF)
APN
561-322-034-1
UPID
US09-0059305
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
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
6.34 ac
Current owner
From public records · entity-resolved
Duke Realty 2041 Factory Stree
Entity
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2019
$31,820,000
Duke Realty 2041 Factory Stree
Ppf Dedeaux Indl 2041 Factory
Grant Deed
—
Oct 31, 2016
—
Ppf Dedeaux Industrial 2041 Factory
—
Deed
related
$54,500,000 · Jpmorgan Chase Bank NA
Sep 2, 2016
$26,000,000
Ppf Dedeaux Industrial 2041 Fa
Hp-a Richmond LLC
Grant Deed
—
Dec 19, 2014
—
Richmond Wholesale Meat Co
Asp Of Rwm Properties
Grant Deed
$10,670,000 · Comerica Bank
May 25, 2005
$491,500
Asp Of Rwm
Bockmiller,douglas F & Lauren V
Grant Deed
—
May 25, 2005
—
Asp Of Rwm Properties
American Metal Properties
Grant Deed
$11,448,296 · General Elec Com'l Fin Busines
May 14, 2004
—
Zahas Eugene J Trust
Zahas,eugene J
Quit Claim Deed
related
—
—
—
Asp Of Rwm Properties
—
Deed Of Trust
related
$9,900,000 · Metropolitan Life Insurance
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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