Industrial Condo with Monument
For Sale
Contact for pricing
5020 Forni Dr, Concord, CA 94520
Newly renovated industrial condo with 18’ clear height and one 12’x14’ grade-level loading door, zoned LI.
Property Size4,319 SF
Price / SF$390.14
Days on Market358
Property Features for 5020 Forni Dr
General Information
Standard status
Active
Size
4,319 SF
Property subtype
INDUSTRIAL
Zoning
LI
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Amenities
monument signage
Building Details
Construction
concrete tilt-up
Listing Agency:
Colliers | Pleasanton
(925) 817-9055
Listed By:
John Salamida · License #01822505
(925) 817-9055
Source:
Moodyscre
Added: Aug 11, 2025
Changed: Jul 26
Last Checked: Aug 2 at 1:17PM
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 | Pleasanton
Investment Insights
Based on property information with market context.
This property consists of five industrial condos on separate parcels, available individually or in combination with more than one unit. The building has been newly renovated, including exterior, roof, and landscaping. Construction is concrete tilt-up with 18’ clear height. Each unit includes one 12’ x 14’ grade-level loading door.
Monument signage is available. The zoning is LI.
The office space is indicated as to be improved prior to occupancy, supporting a combined industrial and office use within the condo configuration.
Monument signage is available. The zoning is LI.
The office space is indicated as to be improved prior to occupancy, supporting a combined industrial and office use within the condo configuration.
Key Highlights
- 5 industrial condos available on separate parcels (each can be purchased individually or combined with additional units).
- Newly renovated building with exterior, roof, and landscaping updates.
- Concrete tilt‑up construction with 18’ clear height.
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 | $76.7k | $17.76 |
| − Vacancy | −$4.8k | −$1.12 |
| EGI | $71.9k | $16.64 |
| − OpEx | −$10.8k | −$2.50 |
| NOI | $61.1k | $14.14 |
4,319 SF · lease $17.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$872.7K
$763.7K – $1.02M
NOI $61,092 @ 7.0% cap · market cap 3.63%
Second Best
Office B
$583.1K
$510.2K – $680.3K
NOI $40,815 @ 7.0% cap · market cap 2.42%
Theoretical Best
Multifamily LT 5
$1.06M
$924.3K – $1.23M
NOI $73,945 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94520, CA
38,383
Population
13,661
Households
2.8
Avg Household Size
35
Median Age
30%
College-Educated
79%
High-School Grad
9.9 sq mi
ZIP Area
3,877
Density / Sq Mi
$79,790
Median Household Income
$43,382
Median Earnings
$2,118
Median Rent
$572,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Closetbox — 5024 Forni Dr, Concord, CA 94520
- Golden Gate Moving & Storage — 5024 Forni Dr, Concord, CA 94520
- Premier RV Storage Concord North — 4030 Folsom Ct, Concord, CA 94520
- Angies Near-by Storage Units - Concord CA — 2299 Pike Ct, Concord, CA 94520
- Gateway Industrial Park — Concord, CA 94520
Frequently Asked Questions
What type of property is this?
Warehouse - Newly renovated industrial condo with 18’ clear height and one 12’x14’ grade-level loading door, zoned LI.
Where is this warehouse located?
The property is located at 5020 Forni Dr Concord, CA.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: 5 industrial condos available on separate parcels (each can be purchased individually or combined with additional units).; Newly renovated building with exterior, roof, and landscaping updates.; Concrete tilt‑up construction with 18’ clear height.
