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Property profile & analytics
OFF-MARKET Estimated value $1,190,000
Office buildings

3726 Barrett Ave Richmond, CA 94805-2253

9,818 SF 0.46 ac lot Built 1963
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1349721
Property summary
AI-generated overview

This exceptional 850-square-foot single-tenant office space is ideally situated at the corner of Barrett Avenue and 38th Street in the heart of Richmond, Contra Costa County. Built in 1963, this one-story building offers a convenient and accessible location, just three blocks from the County Courthouse. The property boasts a generous 20,000-square-foot lot spanning 0.46 acres, providing ample space and potential for future development. The building's single-tenant occupancy ensures privacy and control. Its strategic location offers easy access to major transportation arteries, including Interstate 80 and BART, as well as convenient access to public transportation. The area is experiencing significant growth, with a recently constructed Target store nearby, further enhancing the property's appeal and investment potential. This is a rare opportunity to acquire a well-located, single-tenant office building in a thriving commercial area. The property's convenient location and proximity to key amenities make it an attractive option for businesses seeking a functional and accessible workspace. The building's single-story design offers ease of access and efficient use of space. This property presents a compelling investment opportunity in a dynamic and growing market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 9,818 SF
Lot 0.46 ac (20,000 SF)
APN 517-190-023-5
UPID US09-1349721
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
  • Best Richmond Garage Door Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.19M
Owner & transaction history
Barrett Building Co LLC · 18 yrs held
Barrett Building Co LLC
since 2008
4 recorded transactions
2008
Price N/A
1977
Price N/A
1973
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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