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    Concord Hangar with Office Space Title is generated by Realmo AI

    1500 Sally Ride Dr, Concord, CA

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    11,400 SF hangar with office on 0.86 acres.

    Type:INDUSTRIAL
    Property size:
    11,400 SF
    Lot size:
    438.11 Acres
    Price / SF:
    $166/SF
    Added:
    Apr 7, 2025
    Days on Market:
    434
    Last Refresh:
    May 19 at 10:37 pm

    Property Features for 1500 Sally Ride Dr

    General Information

    Standard status
    Active
    Size
    11,400 SF
    Lot size
    438.11 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Spencer Bones

    Listing agent Spencer Bones License #CA 01242750

    Listing office Colliers | Sacramento

    Listing date Apr 7, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Sacramento

    HighLights

    • Large Hangar Bay: 7,400 SF (100’ wide x 74’ deep) with a 19’ tall x 65’ wide door, ideal for aviation or large equipment storage.
    • Substantial Office Space: 4,000 SF of office area, providing ample room for administrative functions.
    • Ample Power Supply: 400 Amps @ 240 Volt, suitable for demanding electrical equipment.
    • Secure Access: Private key‑code controlled access gate enhances security.
    • Significant Parking: 8 spaces plus an additional 20 spaces behind the hangar.
    • HVAC Throughout: HVAC systems in both office and warehouse areas.

    Overview

    This property features an approximately 11,400 square-foot building on an approximately 0.86-acre lot. Constructed in 1996, it includes a 7,400 square-foot hangar bay measuring 100 feet wide by 74 feet deep, complemented by a 19-foot tall and 65-foot wide hangar door. The property also offers 4,000 square feet of office space. It is equipped with one grade-level loading door. Parking includes eight spaces, with an additional 20 spaces located behind the hangar. The electrical capacity is 400 amps at 240 volts. Additional features include a private key-code controlled access gate, HVAC throughout the office and warehouse areas, sprinklers, skylights, and LED lighting. The ground lease is in effect until June 20, 2046, with a current monthly rent of $2,514.88.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $202.5k $17.76
    − Vacancy −$12.8k −$1.12
    EGI $189.7k $16.64
    − OpEx −$28.5k −$2.50
    NOI $161.3k $14.14
    11,400 SF · lease $17.76/SF/yr · vacancy 6.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.30M
    $2.02M – $2.69M (±1% cap)
    NOI $161,252 @ 7.0% cap · market cap 8.49%
    Second Best
    Industrial
    $1.96M
    $1.71M – $2.28M (±1% cap)
    NOI $136,989 @ 7.0% cap · market cap 7.21%
    Theoretical Best
    Multifamily LT 5
    $2.79M
    $2.44M – $3.25M (±1% cap)
    NOI $195,178 @ 7.0% cap · market cap 10.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Volansi, Inc. Logistics Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Public Storage — 150 S Buchanan Cir, Pacheco, CA 94553
    • ABBA Self Storage Units — 2660 Stanwell Dr, Concord, CA 94520
    • The Affordable Storage — 95 1st Ave N, Pacheco, CA 94553
    • Central Self Storage — 5733 Pacheco Blvd, Pacheco, CA 94553
    • Premier RV Storage Concord South — 1701 Solano Way, Concord, CA 94520

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.062
    Latitude
    37.9933

    FAQs

    What type of property is this?
    Warehouse - 11,400 SF hangar with office on 0.86 acres.
    Where is this warehouse located?
    The property is located at 1500 Sally Ride Dr Concord, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Large Hangar Bay: 7,400 SF (100’ wide x 74’ deep) with a 19’ tall x 65’ wide door, ideal for aviation or large equipment storage.; Substantial Office Space: 4,000 SF of office area, providing ample room for administrative functions.; Ample Power Supply: 400 Amps @ 240 Volt, suitable for demanding electrical equipment.
    (916) 873-3445 Call to check price and availability
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