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Property profile & analytics
OFF-MARKET
Estimated value
$11,705,000
Manufacturing properties
601 Parr Blvd Richmond, CA 94801-1316
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US10-3067884
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1951
Total area
229,565 SF
Lot
24.84 ac (1,082,030 SF)
Zoning code
P-1
APN
408-082-001-4
UPID
US10-3067884
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
-
PALECEK Inc. Corporate Office Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.71M
Owner & transaction history
Richmond Land Group LLC · 21 yrs held
Richmond Land Group LLC
since 2005
7 recorded transactions
Zoning & alternative use
P-1 · Richmond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
$150,829
Tax year 2024
Assessed value
$9,292,785
Assessed 2024
Previous assessed
$9,292,785
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$6,653,912
Assessed improvement
$2,638,873
Applied tax rate
85.0000
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
1951
Heating
NONE
Buildings
3
Stories
1
Units
1
Rooms
2
Total area
229,565 SF
Lot
24.84 ac (1,082,030 SF)
Zoning code
P-1
APN
408-082-001-4
UPID
US10-3067884
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
P-1 · Richmond, CA
Zoning P-1 · permitted uses
P-1 · 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.
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Stories
1
Buildings
3
Units
1
Rooms
2
Lot
24.84 ac
Current owner
From public records · entity-resolved
Richmond Land Group LLC
Entity
Mailing address
601 PARR BLVD, RICHMOND, CA 94801-1316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2019
—
Richmond Land Group LP
—
Deed
related
—
May 4, 2005
—
Richmond Land Group LLC
Crown Cork & Seal USA INC
Grant Deed
$10,822,500 · Wells Fargo Bank NA
Mar 18, 2003
—
Crown Cork & Seal Co INC
Crown Cork & Seal Co INC
Quit Claim Deed
related
$1,810,000,000 · Citicorp North America Ttee
Oct 1, 1973
$595,000
Cork|seal Companyinc Crown
—
Grant Deed
related
—
—
—
Richmond Land Group LLC
—
Deed Of Trust
related
$10,200,000 · Bank Of Marin
—
—
Richmond Land Group LP
—
Loan Modification
related
—
Aug 8, 1958
—
—
—
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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