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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Office buildings
2500 Bissell Ave Richmond, CA 94804-1815
Individually Owned
38-yr Hold
~
Est. High Equity
Property ID
US09-1588977
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
WOOD FRAME
Total area
14,739 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C2
APN
515-312-004-2
UPID
US09-1588977
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
-
Miller Andrea Physician Medical Clinic
-
Rubicon Programs Social Service Agency Charitable Organization
-
John G. Wotkyns, PhD Physician Medical Clinic
-
Teresa R. Harris, MFT Marriage Or Relationship Counselor
-
Stephen J. Delaney, MA Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$1.72M
Owner & transaction history
Rubicon Programs · 38 yrs held
Rubicon Programs
since 1988
7 recorded transactions
Zoning & alternative use
C2 · 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
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
$1.72M
Range $1.55M – $1.89M · ±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
$117 / 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
$1,916
Tax year 2024
Assessed value
$1,029,945
Assessed 2024
Previous assessed
$1,029,945
+0.0% YoY
Effective rate
0.19%
On assessed value
Assessed land
$225,170
Assessed improvement
$804,775
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
1
Rooms
1
Total area
14,739 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C2
APN
515-312-004-2
UPID
US09-1588977
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Richmond, CA
Zoning C2 · permitted uses
C2 · Richmond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Rubicon Programs
Individual
Mailing address
2500 BISSELL AVE, RICHMOND, CA 94804-1815
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1988
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Rubicon Programs INC
—
Deed
related
$500,000 · Nonprofit Fin Fund
Apr 25, 2013
—
Rubicon Programs INC
—
Trustees Deed
related
$800,000 · Nonprofit Fin Fund
Jan 7, 1988
$421,500
Rubicon Programs
Cross
Grant Deed
$379,000 · Individual
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$500,000 · Nonprofit Fin Fund
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$230,000 · Nonprofit Fin Fund
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$240,000 · Private Lender
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$652,500 · Bank Of America Community Dev
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$42,000 · City/richmond Community Redev
—
—
Rubicon Programs INC
—
Deed Of Trust
related
$15,000 · Richmond Cmnty Redev Agcy
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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