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4015 Railroad Ave 3,600 SF Office Building Pittsburg, CA 94565 $1,465,716 CAD ($407.14 CAD/SF) 7.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Large parcel at a signalized corner along Railroad Avenue thoroughfare. Strong street visibility, multiple access points, and ample striped parking.
- Zoning allows for a wide range of permissible operations at the site. The property could be adapted or redeveloped for many potential future uses.
- Freestanding single-tenant building features level-in access, a large open gathering area, private meeting rooms, offices, and ADA-compliant restrooms
EXECUTIVE SUMMARY
Freestanding single-tenant building situated on a 14,810 sf parcel at a signalized corner along Railroad Avenue thoroughfare. Strong street visibility, multiple access points, and ample striped parking.
Zoned "Neighborhood Commercial" (CN), prospective purchasers will benefit from a wide range of permissible future uses, including retail, service businesses, professional offices, restaurant/food, mixed use, and others.
Located just over a mile from Pittsburg Center BART and Highway 4, and within immediate proximity to major retailers, schools, national and local food service providers. The site features reciprocal parking lot access with the fully leased adjacent strip center anchored by Pizza Guys.
The property is currently occupied by a church, leased on a month-to-month basis. The building was originally built as a DMV and features level-in access, a large open gathering area, private meeting rooms, offices, and ADA-compliant restrooms.
Zoned "Neighborhood Commercial" (CN), prospective purchasers will benefit from a wide range of permissible future uses, including retail, service businesses, professional offices, restaurant/food, mixed use, and others.
Located just over a mile from Pittsburg Center BART and Highway 4, and within immediate proximity to major retailers, schools, national and local food service providers. The site features reciprocal parking lot access with the fully leased adjacent strip center anchored by Pizza Guys.
The property is currently occupied by a church, leased on a month-to-month basis. The building was originally built as a DMV and features level-in access, a large open gathering area, private meeting rooms, offices, and ADA-compliant restrooms.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,600 SF
Building Class
B
Year Built
1960
Price
$1,465,716 CAD
Price Per SF
$407.14 CAD
Cap Rate
7.20%
NOI
$105,532 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,600 SF
Building FAR
0.24
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
Neighborhood Commercial ( - Allows for a variety of neighborhood-serving businesses like retail stores/showrooms, personal/pro services, restaurants, offices, banks, gyms, etc.
Parking
30 Spaces (8.33 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Iglesia de Dios Ministerial de Jesucristo Internac
- Arts, Entertainment, and Recreation
- 3,600 SF
- $26.52 CAD
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Iglesia de Dios Ministerial de Jesucristo Internac | Arts, Entertainment, and Recreation | 3,600 SF | $26.52 CAD | Triple Net | - |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 088-093-020-1 | Improvements Assessment | $118,362 CAD |
| Land Assessment | $329,831 CAD | Total Assessment | $448,192 CAD |
PROPERTY TAXES
Parcel Number
088-093-020-1
Land Assessment
$329,831 CAD
Improvements Assessment
$118,362 CAD
Total Assessment
$448,192 CAD
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4015 Railroad Ave
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