Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1679 Willow Pass Rd Concord, CA 94520
    Back to Search
    Property profile & analytics

    1679 Willow Pass Rd, Concord, CA 94520

    View on Map
    • Retail properties & Spaces
    • 20,100 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tang Jip / Restaurant
    • Uji Time Dessert / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 1679 Willow Pass Rd

    Year built
    1957
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional executive office opportunity is located within the highly sought-after Park 'n Shop retail center at 1679 Willow Pass Road in Concord, California (zip code 94520). The property, built in 1957 and extensively renovated in 2021, offers a total of 20,100 square feet of retail and office space, currently featuring two suites available for lease. Each suite offers a minimum of 1,802 square feet and a maximum of 1,810 contiguous square feet, providing flexibility for various business needs. A total of 5,727 square feet is currently vacant. This end-cap location within one of Concord's busiest shopping centers provides unparalleled visibility and access to a large customer base. The Park 'n Shop center enjoys a strong reputation as a premier shopping and dining destination in the heart of Concord, boasting a diverse and established tenant mix. Situated in Contra Costa County, this property benefits from its prominent location on Willow Pass Road, ensuring high traffic and excellent exposure. The property's modern amenities and convenient location make it an ideal choice for businesses seeking a thriving commercial environment. The building's 2021 renovation ensures modern functionality and aesthetics.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.042
    Latitude
    37.9734

    Comparable in this City

    • Value Estimation by Request
      20,943 SF

      145 John Glenn Dr

      Airport retail
      145 John Glenn Dr, Concord, CA 94520
      View Details
    • Value Estimation by Request
      8,200 SF

      Evora Rd And Willow Pass Ct

      Restaurants
      0 Evora Rd And Willow Pass Ct, Concord, CA 94520
      View Details
    • Value Estimation by Request
      240,525 SF

      1975 Diamond Blvd

      Neighborhood centers
      1975 Diamond Blvd, Concord, CA 94520
      View Details
    • Value Estimation by Request
      2,592 SF

      1300 Galaxy Way

      Distribution properties
      1300 Galaxy Way, Concord, CA 94520
      View Details
    • Value Estimation by Request
      46,000 SF

      1333 Willow Pass Rd

      Office Spaces
      1333 Willow Pass Rd, Concord, CA 94520
      View Details
    • Value Estimation by Request
      3,328 SF

      2001-2003 Diamond Blvd

      Retail properties & Spaces
      2001-2003 Diamond Blvd, Concord, CA 94520
      View Details

    Similar Nearby for Sale

    • $1,298,000
      4,896 SF

      Concord Retail/Office Building For Sale

      Well-maintained commercial building with flexible layout and high visibility.
      2820 Broadmoor Ave, Concord, CA 94520
      View Details
    • Contact for pricing
      8,593 SF

      Freestanding Flex Building in Concord

      8,593 SF flex building with office and warehouse space.
      2321 Stanwell Dr, Concord, CA 94520
      View Details
    • Contact for pricing
      4,178 SF

      Concord Office Space Available

      Office space featuring private offices, conference room, and breakroom.
      2520 Stanwell Dr, Concord, CA 94520
      View Details
    • Contact for pricing
      6,492 SF

      Concord Office Building For Sale

      6,492 SF office building available in Concord, California.
      1844 Clayton Rd, Concord, CA 94520
      View Details
    • Contact for pricing
      24,602 SF

      Concord Office Property for Sale

      24,602 SF office property in Stanwell Business Park.
      2520 Stanwell Dr, Concord, CA 94520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Concord Office/Warehouse Space Available

      Office and warehouse space with easy highway access and showroom.
      2291 Via De Mercados-Ste E-Concord, Concord, CA 94520
      View Details
    • Contact for pricing

      Retail Space in Park 'n Shop

      Retail space in Concord's busy Park 'n Shop retail center.
      1679 Willow Pass Rd, Concord, CA 94520
      View Details
    • Contact for pricing
      1,560 SF

      Concord Office/Showroom Flex Space

      Office/Showroom flex space in Concord, with freeway access and amenities.
      108 Medburn St, Concord, CA 94520
      View Details
    • Contact for pricing

      Office Space Near Concord BART

      Office space near Concord BART and Todos Santos Plaza.
      2300 Clayton Rd, Concord, CA 94520
      View Details
    • Contact for pricing
      10,081 SF

      Class A Office Space Available

      Class A office space in downtown Concord with many amenities.
      1855 Gateway Blvd, Concord, CA 94520
      View Details
    • Contact for pricing
      1,558 SF

      Ground Floor Office Suite Available

      Office suite with exterior entrances and easy surface parking.
      2280 Diamond Blvd, Concord, CA 94520
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1679 Willow Pass Rd
    Concord, CA 94520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1679 Willow Pass Rd, Concord, CA, 94520
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!