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    1520 Detroit Ave Concord, CA 94523

    Picture of Land at Detroit Ave 1520, Concord, CA
    For Sale
    $10,500,000

    Unimproved Land - Concord, CA

    Type:Unimproved Land
    Days on Market:
    177
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 1520 Detroit Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Exterior features
    Corner Lot

    Building Details

    Architectural style
    Other

    Sereno (408) 335-1400 [email protected]

    Listing agent Mark Traikoff (925) 855-4000

    Listing date Jun 18, 2025

    MLS# 41101840 Listing URL

    Copyright © 2025 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Concord Land with Density Bonus

    This unimproved land in Concord, CA, offers significant development potential. The total lot area is approximately 1.722 acres. According to the State Density Bonus Law, the maximum allowable unit count on this site could be increased. A builder designating 26 units (over 15%) as very-low income could potentially receive a density bonus of +50%, increasing the yield to 258 units at 150 units per acre, based on a base density of 171 units at 100 units per acre. Furthermore, the new law allows for a second density bonus; deed restricting another 26 units as moderate-income units could result in a second +50% bonus, effectively a +100% bonus, allowing for a maximum of 344 units on the site at 200 units per acre. Developments at this density would not be possible in wood frame construction. Alternatively, the City of Concord Inclusionary Housing Ordinance requires either 10% low income or 6% very low-income units for a rental project. By building these units, the project would receive all the benefits of Density Bonus law for easing entitlement (including waivers of development standards and concessions) by providing 11 very.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.0407956
    Latitude
    37.9685349

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    FAQs

    What type of property is this?
    Land - Unimproved land in Concord, CA with potential density bonus.
    Where is this land located?
    The property is located at 1520 Detroit Ave Concord, CA.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: - Potential for up to 344 units due to State Density Bonus Law.; - ±1.722 acre lot size.; - Potential for a +100% density bonus by including moderate-income units.
    (925) 855-4000
    Request Owner's contact information
    1520 Detroit Ave Concord, CA 94523
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    Concord, CA 94523
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1520 Detroit Ave Concord, CA 94523
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