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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Industrial properties
1033 Shary Cir 37 Concord, CA 94518-2469
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3172090
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1972
Construction
CONCRETE
Total area
15,600 SF
Lot
1.17 ac (50,965 SF)
Zoning code
PI
APN
129-352-024-1
UPID
US10-3172090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Flipper Room Arcade & Gaming Center (Bike/Boat/Book/etc) Store
-
Apf Social Service Agency Charitable Organization
-
Art of Picture Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
TFR Art Gallery Art Gallery
-
Square Dance Information Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Michael Mcfarland · 7 yrs held
Michael Mcfarland
since 2019
7 recorded transactions
Zoning & alternative use
PI · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,715,000
Current use
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$36,165
Tax year 2024
Assessed value
$2,887,222
Assessed 2024
Previous assessed
$2,887,222
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,393,303
Assessed improvement
$1,493,919
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Units
6
Rooms
6
Bathrooms
9
Total area
15,600 SF
Lot
1.17 ac (50,965 SF)
Zoning code
PI
APN
129-352-024-1
UPID
US10-3172090
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PI · Concord, CA
Zoning PI · permitted uses
PI · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6
Rooms
6
Bathrooms
9
Lot
1.17 ac
Current owner
From public records · entity-resolved
Michael Mcfarland
Individual
Mailing address
160 COLGETT DR, OAKLAND, CA 94619-2306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2019
$2,695,000
Michael Mcfarland
T Vest 2 LLC
Grant Deed
$1,880,000 · Pacific Enterprise Bank
Feb 7, 2014
$1,675,000
T-vest 2 LLC
Craig,david L
Grant Deed
$837,500 · Bank Of America
Aug 5, 2005
—
Tanya M Ziegler
Ziegler,stefan C
Quit Claim Deed
related
—
Aug 5, 2005
$1,800,000
David L Craig
Noonan,barbara M
Grant Deed
$1,350,000 · Zions First National Bank
Feb 1, 1993
$830,000
Barbara Noonan
Martin Developme
Grant Deed
$392,000 · Seller
Apr 6, 1971
—
—
—
Grant Deed
related
—
—
—
T-vest 2 LLC
—
Deed Of Trust
related
$690,000 · Capital Access Group INC
—
—
Barbara M Noonan
—
Deed Of Trust
related
$139,993 · Norwest Fin'l Nevada #2 INC
—
—
Barbara M Noonan
—
Deed Of Trust
related
$133,388 · Norwest Financial
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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