Property profile

1059 Detroit Ave Concord, CA 94521

OFF-MARKET
Warehouses
19,577 SF 1.19 ac lot Built 2007
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Property summary

AI-generated overview

This ±19,577 square foot warehouse, built in 2007, is situated in Concord, California, at 1059 Detroit Ave, 94521, on a 1.19-acre lot. Its location offers excellent visibility, adjacent to a Costco store, ensuring high traffic and brand recognition. The property boasts a modern floor plan and improvements suitable for a variety of industrial and light industrial uses. The building's design allows for either single or multi-tenant occupancy, making it particularly attractive for owner-occupiers who may not require the entire space. A key advantage is the existing commercial condominium plan, which allows for division into up to seven individual units, presenting significant future resale and investment opportunities. The property offers the potential to create a secure yard area, and prominent signage is visible from the adjacent Costco. This versatile property presents a compelling opportunity for both immediate use and long-term investment growth in a prime Concord location.

Property profile

Verified
Property type Warehouses
Year built 2007
Total area 19,577 SF
Lot 1.19 ac (51,836 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Renovation Specialist General Contractor
  • Kitchen & Bath Showroom Hardware & Home Improvement

Location

1059 Detroit Ave Concord, CA 94521
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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