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    Property profile & analytics

    511 3Rd St Rodeo, CA 94572

    • Retail space
    • 8,472 SF
    • 0.17 lot acres
    For Sale
    View listing
    $1,300,000
    Value Estimation
    Last Sale
    Aug 06, 2024
    Location Intelligence
    Property ID
    US09-2938448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 3rd Street V-Twin Parts / Motorcycle Parts Store

    Property Details for 511 3Rd St

    Year built
    1934
    Lot size
    0.17 lot acres
    Property size
    8,472 SF
    Zone code
    P-1
    Property type
    Retail space
    APN
    357-081-021-2
    APU
    3570810212

    Description

    This exceptional commercial property located at 511 3rd Street, Rodeo, CA, presents a unique investment opportunity. The 8,472 square foot building sits on a 0.17-acre lot (7,500 square feet) and boasts a rich history, having served as a cornerstone of the local business community since 1934. Last sold in 1976, this property is now available for purchase at $2,495,000. Currently occupied by Third Street V-Twin Parts, a well-established business specializing in Harley-Davidson parts and accessories, including a machine shop with front-end machining capabilities, the building offers a strong foundation for continued success in its current configuration. The property also includes a substantial residential unit, featuring three bedrooms and one bathroom. This living space has been recently updated with new kitchen appliances and a full laundry room, providing ample space for on-site living or potential rental income. The property further benefits from full roof access, presenting additional development possibilities. Whether you envision continuing the existing business, utilizing the residential space, or undertaking a complete repurposing of the building, this property offers unparalleled potential in a prime Rodeo location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $400,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $330,000
      Mixed-Use
      $445,000
      Hospitality
      $405,000
      Educational
      $405,000
      Residential Income
      $435,000
      Energy
      $365,000
      Income-Based Land
      $350,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Rodeo
    County
    Contra Costa
    State
    California
    Longitude
    -122.268
    Latitude
    38.0342
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,972
    $17,984
    $60,076
    $78,060
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $225,000
      2,989 SF

      616 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,989 SF
      616 2nd St, Rodeo, CA 94572
      View Details
    • Value Estimation
      $370,000
      9,382 SF

      260 Parker Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,382 SF
      260 Parker Ave, Rodeo, CA 94572-1148
      View Details
    • Value Estimation
      $200,000
      3,182 SF

      201 Parker Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,182 SF
      201 Parker Ave, Rodeo, CA 94572-1122
      View Details
    • Value Estimation by Request
      3,234 SF

      456 1st St

      RETAIL STORES (PERSONAL SERVICES) • 3,234 SF
      456 1st St, Rodeo, CA 94572-1006
      View Details
    • Value Estimation
      $345,000
      4,380 SF

      226 Pacific Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,380 SF
      226 Pacific Ave, Rodeo, CA 94572-1118
      View Details
    • Value Estimation
      $360,000
      3,060 SF

      133 Parker Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,060 SF
      133 Parker Ave, Rodeo, CA 94572-1120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Highway Commercial Services Site Available

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    • $2,500,000

      Rodeo Mixed-Use Development Opportunity

      Five parcels with retail, parking, and housing potential.
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    • Contact for pricing
      5,588 SF

      Retail Property in High-Traffic Area

      Retail property with high visibility and development potential.
      San Pablo Ave, Hercules, CA 94572
      View Details
    • $1,300,000
      8,472 SF

      Multi-Use Building in Rodeo, CA

      8,472 Sqft multi-use building with residential unit in Rodeo.
      511 3Rd St, Rodeo, CA 94572
      View Details
    • $225,000

      Rodeo Land For Sale

      Land available for sale in Rodeo, California.
      343 Rodeo Ave, Rodeo, CA 94572
      View Details
    • $8,500,000
      430.85 Acres

      Prime CA Hemp Farm - 430 Acres

      Agricultural Land, Abundant Water, Opportunity Zone
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      View Details
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    Rodeo, CA 94572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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