2901 Cutting BlvdRichmond, CA 94804

  • Land
  • 0.11 AC
For Sale
$980,000 View listing

Property Details for 2901 Cutting Blvd

Lot size
0.11 AC
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
549-071-025-7
APU
5490710257

Description

This exceptional mixed-use property, located at 2901 Cutting Boulevard in Richmond, California, presents a compelling investment opportunity. The building encompasses a generous 3,696 square feet situated on a 0.11-acre lot. The property's configuration is ideal for generating strong income streams, featuring a vibrant retail space on the main level, perfectly suited for a variety of commercial ventures. Above the retail space, the second floor houses two residential units, providing additional rental income potential. The current setup offers a solid foundation for immediate returns, making this an attractive proposition for investors seeking a diversified portfolio. The property's location in Richmond, CA, offers convenient access to major transportation routes and a thriving local community. This is a turnkey investment ready for immediate occupancy and income generation. The seller is open to considering seller financing options, making this an even more accessible opportunity for qualified buyers. This is a rare chance to acquire a well-established, income-producing property in a desirable location. Don't miss this chance to secure a valuable asset with significant upside potential. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,570,126
    Hospitality
    $1,438,227
    Educational
    $1,196,588
    Medical
    $1,237,741
    Retail
    $1,861,359
2901 Cutting Blvd, Richmond, California

Location Insight

City
Richmond
County
Contra Costa
State
California
Latitude
37.9255
Longitude
-122.342
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
$2,290
$135,000
-
$135,000
-
-
-
-

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