Property profile

3563 San Pablo Dm Rd Richmond, CA 94803

OFF-MARKET
Office buildings
Property ID
US09-2363588
9,600 SF 0.57 ac lot Built 1956
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1-story, 1-building commercial property located at 3563 San Pablo Dam Rd, El Sobrante, CA 94803, is offered at $2,250,900. Situated in Contra Costa County, this versatile property presents a unique investment opportunity for owner-users. Previously utilized as a car dealership, real estate office, and church rental space, its adaptability is evident. Existing plans and permits are in place for a grocery store with a hot food area (restaurant), streamlining the development process. Significant groundwork has already been completed, including plumbing and partial electrical work, along with initial buildouts for bathrooms, a walk-in refrigerator, and a walk-in freezer. The property benefits from a recently installed roof (within the last year), minimizing immediate maintenance concerns. The large open space offers considerable flexibility for various commercial ventures. This property is ideal for a 1031 exchange. The property's location in Richmond, California offers excellent access to major transportation routes and a thriving community. Don't miss this chance to acquire a ready-to-develop commercial property with a proven track record of diverse usage.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Construction CONCRETE
Total area 9,600 SF
Lot 0.57 ac (24,829 SF)
APN 420-022-007-9
UPID US09-2363588

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • High School
  • Church
  • Auto Repair Shop (Bike/Boat/Book/etc) Store

Location

3563 San Pablo Dm Rd Richmond, CA 94803-2727
Richmond metro Census 369002 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.18M
CAP Approach CAP
$1.96M
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$2.37M

Owner & transaction history

since 2022
Last sale
$1.9M
7 recorded transactions
2022
$1.9M
2020
Price N/A
2019
Price N/A
2017
Price N/A
2006
Price N/A
2004
Price N/A
2003
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.7M +14.3%
Auto repair, garage $2.5M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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