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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
3327 Cutting Blvd Richmond, CA 94804-3160
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1484968
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
BRICK
Total area
3,304 SF
Lot
0.11 ac (4,869 SF)
Zoning code
C2
APN
513-161-019-7
UPID
US09-1484968
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
-
Booze (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Iglesia De Dios Tiempos de Restauración Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$530k
Owner & transaction history
Verlie Lynette Matthews · 2 yrs held
Verlie Lynette Matthews
since 2024
Last sale
$530,000
6 recorded transactions
Zoning & alternative use
C2 · Richmond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+77.3%
Office building
$815,000
+69.8%
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
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
RETAIL STORES
$480,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: +70% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $530k (May 20 2024)
Last sale anchor
$530k
May 20 2024
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
$160 / 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
$10,343
Tax year 2024
Assessed value
$568,263
Assessed 2024
Previous assessed
$568,263
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$214,439
Assessed improvement
$353,824
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
1965
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
3
Total area
3,304 SF
Lot
0.11 ac (4,869 SF)
Zoning code
C2
APN
513-161-019-7
UPID
US09-1484968
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$480,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$815,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1965
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Verlie Lynette Matthews
Individual
Free & Clear · 2 yrs held
Mailing address
5308 WOODGATE CT, RICHMOND, CA 94803-3888
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Verlie Lynette Matthews
Verlie Lynette Matthews
Affidavit Of Death Of Joint Tenant
related
—
Jul 3, 2019
$530,000
Verlie L Matthews
Baker,laura
Grant Deed
$430,000 · Laura L Baker
Nov 12, 1997
$121,000
W M Celestre Trustee
Robinson,patrick M
Trustees Deed
—
Feb 3, 1992
$225,000
Patrick Robinson
Booze Kevin
Grant Deed
—
Apr 10, 1990
$82,000
Sung Cho
Kim,s.&s.
Grant Deed
—
—
—
Patrick Robinson
—
Deed Of Trust
related
$126,000 · Individual
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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