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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Alhambra Ave Martinez, CA 94553

    • Super regional malls
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5049893
    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

    • Super regional malls

    Property Details for Alhambra Ave

    Lot size
    0.33 lot acres
    Property type
    Super regional malls
    APN
    164-340-049-0
    APU
    1643400490

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Martinez
    County
    Contra Costa
    State
    California
    Longitude
    -122.094
    Latitude
    37.9583
    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
    $8,490
    $603,432
    $62,424
    $665,856
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,860,000
      30,572 SF

      6684 Alhambra Ave

      REGIONAL SHOPPING CENTER, MALL • 30,572 SF
      6684 Alhambra Ave, Martinez, CA 94553-6105
      View Details
    • Value Estimation
      $9,200,000
      30,944 SF

      1165 Arnold Dr

      REGIONAL SHOPPING CENTER, MALL • 30,944 SF
      1165 Arnold Dr, Martinez, CA 94553-4104
      View Details
    • Value Estimation
      $2,660,000
      22,916 SF

      560 Ctr Ave

      REGIONAL SHOPPING CENTER, MALL • 22,916 SF
      560 Ctr Ave, Martinez, CA 94553-4600
      View Details
    • Value Estimation
      $1,225,000
      10,110 SF

      500 Ctr Ave, Unit 590

      REGIONAL SHOPPING CENTER, MALL • 10,110 SF
      500 Ctr Ave, Martinez, CA 94553-4600
      View Details
    • Value Estimation
      $25,580,000
      28,587 SF

      1175 Arnold Dr

      REGIONAL SHOPPING CENTER, MALL • 28,587 SF
      1175 Arnold Dr, Martinez, CA 94553-4152
      View Details
    • Value Estimation
      $8,705,000
      77,514 SF

      500 Ctr Ave, Unit 536

      REGIONAL SHOPPING CENTER, MALL • 77,514 SF
      500 Ctr Ave, Martinez, CA 94553-4600
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Building in Downtown Martinez

      Two-story mixed-use building with retail and office space.
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      Updated Retail/Office Building For Sale

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      Versatile Retail Complex For Sale

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      Martinez Retail Business Opportunity

      Retail property with showroom, office, and storage space for sale.
      5050 Pacheco Blvd, Martinez, CA 94553
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    • $1,050,000

      Income-Generating Fourplex on Large Lot

      Fourplex with income potential, large lot, and convenient location.
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      Multi-Tenant Industrial Warehouse For Sale

      Multi-tenant industrial warehouse with secured yard and loading doors.
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    Similar Nearby for Lease

    • $3 SF/Yr
      7,850 SF

      Established Martinez Shopping Center Space

      Retail spaces available in Virginia Hills Shopping Center.
      6648-6688 Alhambra Ave, Martinez, CA 94553
      View Details
    • Contact for pricing
      600 SF

      Retail Space Near Highway 4

      Retail space anchored by Lucky Supermarket and Rite Aid.
      1145 Arnold Dr, Martinez, CA 94553
      View Details
    • $3 SF/Yr
      7,850 SF

      Retail Space in Martinez Center

      Retail space available in established Martinez shopping center.
      6648 Alhambra Ave, Martinez, CA 94553
      View Details
    • $3,468 /Mo
      10,126 SF

      Downtown Martinez Corner Retail Space

      Prime corner retail space in historic downtown Martinez building.
      Main St, Martinez, CA 94553
      View Details
    • Contact for pricing
      1,563 SF

      Retail Space in Martinez, CA

      Retail space available for lease in Martinez, California.
      1160 Arnold Dr, Martinez, CA 94553
      View Details
    • $4,725 /Mo

      Versatile Retail Space For Lease

      1350 sq ft retail space near major retailers.
      1124 Arnold Dr, Martinez, CA 94553
      View Details
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    Alhambra Ave
    Martinez, CA 94553
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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