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Property profile & analytics
OFF-MARKET
Estimated value
$20,795,000
Manufacturing properties
912 Harbour S Way Richmond, CA 94804-3615
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1078474
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2019
Total area
182,408 SF
Lot
10.55 ac (459,558 SF)
APN
560-260-013-1
UPID
US09-1078474
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
-
Wine Warehouse Brewery & Distillery Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.41M
Comparable Approach
Comparable
$16.71M
Blend (final)
Blend
$20.80M
Owner & transaction history
Ipt Richmond Logistics Ctr LLC · 8 yrs held
Ipt Richmond Logistics Ctr LLC
since 2018
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,865,000
6.5%
$17,410,000
7%
$16,170,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$32,085,000
Current use
Blend value · Realmo final
$20.80M
Range $18.72M – $22.87M · ±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
$114 / 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
$574,619
Tax year 2024
Assessed value
$39,264,696
Assessed 2024
Previous assessed
$39,264,696
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$7,959,060
Assessed improvement
$31,305,636
Applied tax rate
8.0000
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
2019
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
182,408 SF
Lot
10.55 ac (459,558 SF)
APN
560-260-013-1
UPID
US09-1078474
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$32.1M
INDUSTRIAL (GENERAL) Current
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
2019
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
10.55 ac
Current owner
From public records · entity-resolved
Ipt Richmond Logistics Ctr LLC
Entity
Free & Clear · 8 yrs held
Mailing address
518 17TH ST STE #1700, DENVER, CO 80202-4130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 13, 2024
—
Bci IV Richmond Logistics Center Ll
—
Deed
related
$222,300,000 · Forethought Life Insurance Company
Jul 13, 2018
—
Ipt Richmond Logistics Ctr LLC
City Of Richmond
Quit Claim Deed
related
—
May 12, 2017
—
Ipt Richmond Logistics Center
Btc Holdco I LLC
Quit Claim Deed
related
—
Jan 3, 2017
$48,776,727
Build-to-core Industrial Ptshp
Plant Reclamation
Grant Deed
—
Jun 16, 2004
—
Fred S Glueck
Glueck,william S & Bernice
Quit Claim Deed
related
—
Aug 10, 1988
$1,838,000
Plant Reclamatio
King,d.&s.
Grant Deed
—
Jun 2, 1983
—
Owner Name Unavailable
—
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.
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