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Property profile & analytics
OFF-MARKET
Medical Office Space
265 16th St Richmond, CA 94801-3214
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-3860265
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Total area
3,247 SF
Lot
0.26 ac (11,249 SF)
Zoning code
CM
APN
540-150-029-2
UPID
US09-3860265
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
-
Dr. Chester T. Low, DDS Dental Office
-
Dr. Reynaldo B. Wilson, DDS Dental Office
-
Chester T Low & Associates: Gee John Allen DDS Dental Office
-
Wagner Donna Dental Office
-
Richmond Dental Building Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shayan Bayat · 4 yrs held
Shayan Bayat
since 2021
Last sale
$275,000
5 recorded transactions
Zoning & alternative use
CM · 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
—
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
$10,845
Tax year 2024
Assessed value
$455,125
Assessed 2024
Previous assessed
$455,125
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$199,117
Assessed improvement
$256,008
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
3,247 SF
Lot
0.26 ac (11,249 SF)
Zoning code
CM
APN
540-150-029-2
UPID
US09-3860265
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
CM · Richmond, CAZoning CM · permitted uses
CM · 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
1969
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Shayan Bayat
Individual
Free & Clear · 4 yrs held
Mailing address
265 16TH ST, RICHMOND, CA 94801-3214
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
Shayan Bayat
Shayan Bayat
Intrafamily Transfer
related
—
Jan 3, 2017
$275,000
Shayan Bayat
Low C & K Family Trust
Grant Deed
$1,550,000 · California Bk/commerce
Nov 3, 1997
$80,000
Terry L Tanner
Plum,todd G
Quit Claim Deed
related
—
Nov 3, 1997
—
Chester T Low
Low,katie S
Quit Claim Deed
related
—
Nov 3, 1997
$195,000
Low,chester T
Tanner,terry L
Trustees Deed
$195,000 · Heller First Capital
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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