Industrial Special Purpose
For Sale
Contact for pricing
2790 Cloverdale Ave., Concord, CA 94518
For sale industrial property totaling 3,290 square feet at 2790 Cloverdale Ave. in Concord, CA.
Property Size3,290 SF
Price / SF$373.86
Days on Market117
Property Features for 2790 Cloverdale Ave.
General Information
Standard status
Active
Size
3,290 SF
Property subtype
Industrial
Zoning
Service Commercial
Investment Type
Owner/User
Listing Agency:
Colliers International Walnut Creek
Listed By:
Ray Devlin · License #CA 01199417
(925) 202-9175
Source:
Crexi
Added: May 20
Changed: Sep 10
Last Checked: Sep 12 at 6:55AM
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 International Walnut Creek
Investment Insights
Based on property information with market context.
This industrial special purpose building offers 3,290 square feet of space and is available for sale. The property is presented as an industrial asset, suitable for buyers seeking a straightforward commercial building with a defined footprint.
The address is 2790 Cloverdale Ave., Concord, CA. Additional details such as specific unit configuration, office buildout, or property condition were not provided in the public information, so interested parties should confirm layout and improvements during due diligence.
As marketed, the key measurable offering is the industrial building size of 3,290 square feet, making it a manageable option for prospective owners evaluating an industrial property for acquisition.
The address is 2790 Cloverdale Ave., Concord, CA. Additional details such as specific unit configuration, office buildout, or property condition were not provided in the public information, so interested parties should confirm layout and improvements during due diligence.
As marketed, the key measurable offering is the industrial building size of 3,290 square feet, making it a manageable option for prospective owners evaluating an industrial property for acquisition.
Key Highlights
- Industrial property for sale totaling 3,290 sq ft
- Located at 2790 Cloverdale Ave in Concord, CA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,537
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$930,740
$930.7K
Cap Rate 7%
$664,814
$664.8K
Cap Rate 9%
$517,078
$517.1K
Market Conditions
NOI Build-Up for 3,290 SF
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.
Gross rent
$58.4K $17.76/SF
− Vacancy
−$3.7K −$1.12/SF
EGI
$54.7K $16.64/SF
− OpEx
−$8.2K −$2.50/SF
NOI
$46.5K $14.14/SF
Area
Concord, CA
Vacancy
6.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$930,740
Cap Rate 7%
$664,814
Cap Rate 9%
$517,078
Alternative Uses
Best Use
Warehouse
$664.8K
$581.7K – $775.6K
NOI $46,537 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$804.7K
$704.1K – $938.8K
NOI $56,328 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
Business Placement
Demographics for 94518, CA
27,209
Population
10,361
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
4,947
Density / Sq Mi
$111,406
Median Household Income
$56,960
Median Earnings
$2,290
Median Rent
$826,500
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - For sale industrial property totaling 3,290 square feet at 2790 Cloverdale Ave. in Concord, CA.
Where is this refrigerated & cold storage located?
The property is located at 2790 Cloverdale Ave. Concord, CA.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Industrial property for sale totaling 3,290 sq ft; Located at 2790 Cloverdale Ave in Concord, CA
