2880 Howe RdMartinez, CA 94553

  • Office properties
  • 16,288 SF
For Lease

Property Details for 2880 Howe Rd

Year built
1990
Construction
CONCRETE
Lot size
0.29 AC
Property size (Sq ft)
16,288 SF
Property type
Office properties
Property subtype
Office buildings
APN
376-090-017-9
APU
3760900179

Description

This exceptional 16,288-square-foot industrial property, located at 2880 Howe Road in Martinez, CA 94553, offers a unique blend of warehouse and R&D space. Built in 1985, the single-tenant building provides ample room for growth and expansion. The warehouse area features approximately 8,415 square feet, complemented by approximately 12,650 square feet of total ground floor space. Two roll-up doors facilitate efficient loading and unloading. The property also includes approximately 1,320 square feet of office space and two stairways leading to a mezzanine level offering an additional approximately 4,225 square feet of flexible storage or office space, along with a bathroom and shower. The building boasts convenient grade-level loading, three-phase power (400 amps), and 120/208v power. Two bathrooms are located on the ground floor. Ample parking is available, and the location provides easy access to major roadways, including Highway 4 and Interstate 680. This well-maintained building presents a fantastic opportunity for businesses seeking a strategic location in Martinez, California. The property is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,131,419
    6.5%
    $4,736,694
    7%
    $4,398,359
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,124,680
    Geo Method
    $4,542,886
  • Alternative Use

    Use
    Valuation
    Residential
    $5,873,501
    Hospitality
    $5,380,096
    Educational
    $4,476,176
    Medical
    $4,630,118
    Retail
    $6,962,940
2880 Howe Rd, Martinez, California

Location Insight

City
Martinez
County
Contra Costa
State
California
Latitude
37.9988
Longitude
-122.118
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
$24,294
$520,644
$1,222,568
$1,743,212
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