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Property profile & analytics
OFF-MARKET
Estimated value
$1,710,000
Manufacturing properties
511 Wilbur Ave Antioch, CA 94509-7563
Trust Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0473293
Property summary
AI-generated overview
This Antioch, CA industrial property at 511 Wilbur Ave offers 16,000 square feet of warehouse and manufacturing space across two single-story buildings. The property is classified as Class C and features a total of four suites, with 8,000 square feet currently vacant and available for lease. Each suite offers a minimum of 8,000 contiguous square feet, ideal for multiple tenants or a single large operation. The buildings boast impressive features including 14-foot ceilings, providing ample vertical space for storage and operations. Access is facilitated by nine dock-high doors and nine drive-in doors, ensuring efficient loading and unloading. The property is located in the Antioch submarket, with the full address being 511 Wilbur Ave, Antioch, CA 94509. Elevators are not available. This multi-tenant property presents a unique opportunity for businesses seeking flexible and functional warehouse or manufacturing space in a convenient Antioch location. The available space is divisible down to 8,000 square feet, offering adaptability for various business needs. The property's strategic location and substantial square footage make it an attractive option for a range of industrial operations.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Total area
16,000 SF
Lot
2.82 ac (122,839 SF)
Zoning code
M-1
APN
065-040-031-0
UPID
US09-0473293
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
-
OneStop Corner Stone Interior Design Hardware & Home Improvement
-
Antioch Convertibles & Auto Auto Repair Shop
-
R & R Automotive & Machine Auto Repair Shop
-
Steves Kustoms & Restorations Auto Repair Shop
-
Rebello Racing Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$1.71M
Owner & transaction history
Metas Trust · 26 yrs held
Metas Trust
since 2000
1 recorded transaction
Zoning & alternative use
M-1 · Antioch, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.8M
+2.5%
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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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
INDUSTRIAL (GENERAL)
$2,695,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,760,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.54M – $1.88M · ±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
$107 / 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
$21,848
Tax year 2024
Assessed value
$1,852,088
Assessed 2024
Previous assessed
$1,852,088
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$528,428
Assessed improvement
$1,323,660
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Units
2
Rooms
2
Total area
16,000 SF
Lot
2.82 ac (122,839 SF)
Zoning code
M-1
APN
065-040-031-0
UPID
US09-0473293
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Antioch, CA
Zoning M-1 · permitted uses
M-1 · Antioch, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Antioch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1990
Heating
NONE
Stories
1
Units
2
Rooms
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
Metas Trust
Trust
Mailing address
849 MATADERA CIR, DANVILLE, CA 94526-1836
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2000
$1,200,000
Metas Trust
Smith Trust
Grant Deed
$716,110 · Seller
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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