Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2232 Rd 20 San Pablo, CA 94806-3318

    • Medical Office Space
    • 2,078 SF
    • 0.22 lot acres
    OFF-MARKET
    Last Sale
    Aug 25, 2023
    $400,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3072456
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 2232 Rd 20

    Year built
    1967
    Lot size
    0.22 lot acres
    Property size
    2,078 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    412-300-011-1
    APU
    4123000111

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Pablo
    County
    Contra Costa
    State
    California
    Longitude
    -122.346
    Latitude
    37.9627
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,665
    $278,770
    $452,819
    $731,589
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,068 SF

      13908 San Pablo Ave, Unit 100

      MEDICAL BUILDING • 3,068 SF
      13908 San Pablo Ave, San Pablo, CA 94806-3602
      View Details
    • Value Estimation
      $6,340,000
      39,600 SF

      2970 Hilltop Mall Rd

      MEDICAL BUILDING • 39,600 SF
      2970 Hilltop Mall Rd, Richmond, CA 94806-1947
      View Details
    • Value Estimation
      $4,485,000
      24,532 SF

      2023 Vale Rd

      MEDICAL BUILDING • 24,532 SF
      2023 Vale Rd, San Pablo, CA 94806-3834
      View Details
    • Value Estimation by Request
      2,446 SF

      36 San Pablo Towne Ctr

      MEDICAL BUILDING • 2,446 SF
      36 San Pablo Towne Ctr, Richmond, CA 94806
      View Details
    • Value Estimation by Request
      2,136 SF

      14650 San Pablo Ave

      MEDICAL BUILDING • 2,136 SF
      14650 San Pablo Ave, San Pablo, CA 94806-2448
      View Details
    • Value Estimation by Request
      1,974 SF

      14240 San Pablo Ave

      MEDICAL BUILDING • 1,974 SF
      14240 San Pablo Ave, San Pablo, CA 94806-3328
      View Details

    Similar Nearby for Sale

    • $199,950
      0.13 Acres

      Residential Land in Montalvin Neighborhood

      Premium lot in San Pablo, build your dream home!
      149 Michele Dr, San Pablo, CA 94806
      View Details
    • $1,475,000
      3,426 SF

      San Pablo 5-Unit Apartment Building

      Five-unit apartment building, excellent location
      1100 Amador St, San Pablo, CA 94806
      View Details
    • $139,000

      Land with Bay Views

      5000 sqft land with views in San Pablo.
      1911 Miner Ave, San Pablo, CA 94806
      View Details
    • $3,000,000
      3.19 Acres

      Richmond Industrial Development Site

      3.19-acre commercial land, prime location
      840 Morton Ave, Richmond, CA 94806
      View Details
    • $600,000
      2.20 Acres

      San Pablo Commercial Land Opportunity

      Commercial land with high visibility and convenient access in San Pablo.
      2700 San Pablo Dam Rd, San Pablo, CA 94806
      View Details
    • $115,000
      Pending

      Residential Lot in San Pablo

      Corner residential lot with utilities ready in a vibrant neighborhood.
      1825 California Ave, San Pablo, CA 94806
      View Details

    Similar Nearby for Lease

    • $700 /Mo
      983 SF

      Professional Office Space Available

      Professional office space suitable for various administrative services.
      Vale Rd, San Pablo, CA 94806
      View Details
    • $700 /Mo

      Professional Office Space Available

      Professional office space suitable for various administrative services.
      2089 Vale Rd, San Pablo, CA 94806
      View Details
    • $700 /Mo

      Professional Office Space Available

      Professional office space suitable for various administrative services.
      2089 Vale Rd, San Pablo, CA 94806
      View Details
    • $27 SF/Yr
      47,691 SF

      Richmond Hilltop Office Space

      Class A Office, 15 Suites Available, Ample Parking
      3260 Blume Dr, Richmond, CA 94806
      View Details
    • Contact for pricing

      Modern Retail Space in Richmond

      Prime retail location with high visibility and accessibility.
      3190 Klose Way, Richmond, CA 94806
      View Details
    • Contact for pricing
      224,154 SF

      Richmond Warehouse Space Available

      224,154 square foot warehouse space for lease in Richmond.
      6015 Giant Hwy, Richmond, CA 94806
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2232 Rd 20
    San Pablo, CA 94806-3318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!