840 Morton AveRichmond, CA 94806
- Industrial properties
- 5,513 SF
Property Details for 840 Morton Ave
- Year built
- 1962
- Lot size
- 3.19 AC
- Property size (Sq ft)
- 5,513 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 408-060-009-3
- APU
- 4080600093
Description
This exceptional 3.19-acre industrial/commercial development site presents a unique investment opportunity in North Richmond, CA, at 840 Morton Ave. The property boasts a strategic location, bordered to the west by the Union Pacific Railroad, offering convenient freight access, and beyond that, the scenic Point Pinole Regional Park and San Pablo Bay. To the east and south, the site is surrounded by established light industrial properties, including a significant distribution center. The northern boundary abuts a residential community, Parchester Village, providing a blend of commercial and residential proximity. Currently on the site is a 5,513 square foot warehouse equipped with robust 200 amp, 440v, 3-phase electrical service, providing immediate utility. While this existing structure offers potential for immediate use or redevelopment, the expansive acreage allows for significant future development. It's important to note two easements: a 60-foot wide easement along the northern boundary for PG&E, restricting permanent structures in that area, and a 16.5-foot wide easement along the western boundary for Kinder Morgan's underground pipeline. All measurements are sourced from public records
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,731,221
- Hospitality
- $1,585,789
- Educational
- $1,319,358
- Medical
- $1,364,733
- Retail
- $2,052,335
Location Insight
- City
- Richmond
- County
- Contra Costa
- State
- California
- Latitude
- 37.9819
- Longitude
- -122.357
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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