Industrial Property for Sale in Richmond, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Richmond, CA 94804
  • Year built: 1970

Description

641 Juliga Woods Street in Richmond presents a compelling opportunity for an owner-user or investor to acquire a well-located small-bay industrial building with the ability to offset occupancy costs through rental income. The property is configured as a four-unit flex industrial building with approximately 12-foot clear heights and four roll-up doors, providing efficient functionality for a wide range of industrial users including contractors, service businesses, light manufacturing, and distribution operations. Constructed of durable concrete masonry, the building also features a small fenced yard area and ample street parking, adding operational flexibility for tenants or an owner-occupant. The property is strategically positioned just 0.2 miles from Interstate 580 and approximately 1.2 miles from Interstate 80, providing convenient regional access throughout the East Bay and the broader Bay Area logistics network. The building is offered well below replacement cost for comparable industrial construction in the Bay Area. Comparable small-bay industrial properties in the immediate vicinity indicate pro-forma rents of roughly $1.90 per square foot, allowing an owner-user to occupy a portion of the property while leasing the remaining suites to generate income and reduce occupancy costs. Industrial market fundamentals in Richmond remain strong, with vacancy for comparable small-bay industrial properties reported at 3.0% as of Q4 2025. Demand for these properties continues to be supported by a structural shortage of supply, as new small-bay industrial development remains limited due to high land prices, construction costs, and entitlement barriers throughout the Bay Area. As a result, existing small-bay industrial assets—particularly those suitable for owner-operators—remain scarce and highly sought after, supporting stable occupancy and long-term rental growth potential. Investment Highlights: • OWNER-USER OPPORTUNITY WITH RENTAL INCOME TO OFFSET OWNERSHIP COSTS • C

Market Context

This industrial in Richmond, CA is listed for sale. The building dates to 1970. It has been on the market for 53 days. Compare it against other industrial listings for sale in Richmond, CA — <a href="/search/sale/industrial/california/richmond">view the full market</a>.

As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: Consensus Q4 2025 market report.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Richmond?
About 5.5% as of Q4 2025, per Consensus.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

Unified Estimate

Very Low Confidence

$13.36/SF – $18.06/SF

Mid: $15.71/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market las-vegas (similarity: 100%) with 7 comparable listings.

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