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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Retail space
2709 Macdonald Ave Ste 201 Richmond, CA 94804-3000
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5467193
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
10,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-2
APN
515-241-010-5
UPID
US09-5467193
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$921k
Blend (final)
Blend
$960k
Owner & transaction history
Macdonald LLC A Series · 1 yrs held
Macdonald LLC A Series
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · 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
Alternative Use
Use
Estimation
RETAIL STORES
$1,455,000
Current use
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$96 / 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
$8,644
Tax year 2024
Assessed value
$381,732
Assessed 2024
Previous assessed
$381,732
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$123,137
Assessed improvement
$258,595
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Units
8
Rooms
8
Total area
10,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-2
APN
515-241-010-5
UPID
US09-5467193
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Richmond, CA
Zoning C-2 · permitted uses
C-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Units
8
Rooms
8
Lot
0.11 ac
Current owner
From public records · entity-resolved
Macdonald LLC A Series
Entity
Free & Clear · 1 yrs held
Mailing address
2725 SHADYBROOK DR, CELINA, TX 75009-4105
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
—
Macdonald LLC A Series
Amy Lin
Warranty Deed
—
Aug 11, 2011
$310,000
Lisan Lin
Bayview Ln Svcg
Grant Deed
—
Jun 9, 2009
$875,000
Bayview Ln Svcg
Northwest Trustee Svcs INC
Trustees Deed
related
—
Jan 15, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 17, 2008
$500,000
Bayview Loan Servicing
Northwest Trustee Services INC
Trustees Deed
related
—
Aug 29, 2007
—
Juanita E King
Richmond Trust Macdonald/27th IV
Grant Deed
—
Jun 29, 2006
—
Macdonald & 27th IV Lt Trust
King,juanita E
Grant Deed
—
Jan 6, 2006
$1,285,000
Juanita E King
Davis,gwendolyn V
Grant Deed
$963,750 · Interbay Funding LLC
Feb 17, 2005
—
Gwendolyn Davis
—
Trustees Deed
related
$21,000 · David Freeman
May 14, 2002
—
Gwendolyn V Davis
Davis,gwendolyn R
Quit Claim Deed
related
$100,000 · Budget Finance Co
—
—
Gwendolyn V Davis
—
Deed Of Trust
related
$62,500 · Resource Business Partners INC
—
—
Gwendolyn V Davis
—
Deed Of Trust
related
$100,000 · Resource Business Partners INC
—
—
Gwendolyn Davis
—
Deed Of Trust
related
$25,000 · Resource Partners INC
—
—
Gwerdolyn V Davis
—
Deed Of Trust
related
$175,000 · Bockis Trust
—
—
Gwendolyn Davis
—
Deed Of Trust
related
$100,000 · William Croft
—
—
Gwendolyn V Davis
—
Deed Of Trust
related
$3,650 · Gross Mortgage Corp
—
—
Juanita E King
—
Deed Of Trust
related
$75,000 · William L & Shirley B Croft
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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