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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Grocery and convenience stores
23 Maine Ave Richmond, CA 94804-2133
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-1747015
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Total area
66,315 SF
Lot
3.1 ac (135,036 SF)
Zoning code
M2
APN
550-050-013-6
UPID
US09-1747015
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
-
Tip Top Tonics Kombucha Production Facility Brewery & Distillery
-
Bridge Kitchen Restaurant
-
Bridge Events Hotel & Motel Resort
-
M6 Catering LLC Take-out & Catering Catering Service
-
Kickz Premium Sneaker Cleaning Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Wrightway Properties LLC · 10 yrs held
Wrightway Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
M2 · Richmond, CA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$74,248
Tax year 2024
Assessed value
$4,730,148
Assessed 2024
Previous assessed
$4,730,148
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$1,035,133
Assessed improvement
$3,695,015
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
66,315 SF
Lot
3.1 ac (135,036 SF)
Zoning code
M2
APN
550-050-013-6
UPID
US09-1747015
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Richmond, CAZoning M2 · permitted uses
M2 · Richmond, CA
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
2000
Heating
NONE
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Wrightway Properties LLC
Entity
Mailing address
23 MAINE AVE, RICHMOND, CA 94804-2133
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
—
Wrightway Properties LLC
—
Deed
related
$4,376,000 · Meriwest Cu
Sep 23, 2015
—
Wrightway Properties LLC
Wrightway Properties LLC
Quit Claim Deed
related
$2,850,000 · Meriwest Cu
Aug 7, 2000
—
Wrightway Properties LLC
—
Grant Deed
related
$1,850,000 · Redwood Bank
Jul 30, 1999
—
Wrightway Properties LLC
—
Grant Deed
related
$1,445,000 · Redwood Bank
Jul 7, 1998
—
Wrightway Properties
—
Grant Deed
related
$640,000 · Redwood Bank
Jan 28, 1998
$518,000
Wrightway Properties
R D R Enterprises
Grant Deed
—
Feb 3, 1978
—
—
—
Grant Deed
related
—
—
—
Wrightway Properties
—
Deed Of Trust
related
$50,000 · Strock Trust
—
—
Rdr Enterprises
—
Deed Of Trust
related
$100,000 · Individual
—
—
Wrightway Properties
—
Deed Of Trust
related
$2,600,000 · Greater Bay Bank Marin
—
—
Wrightway Properties LLC
—
Deed Of Trust
related
$4,376,000 · Meriwest Cu
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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