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Property profile & analytics
OFF-MARKET
Estimated value
$2,655,000
Office buildings
1035 Detroit Ave Concord, CA 94518-2477
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-3092657
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
20,593 SF
Lot
1.85 ac (80,800 SF)
Zoning code
PI
APN
129-341-019-5
UPID
US09-3092657
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
-
Gangnam Cafe Restaurant Cafe & Coffee Shop
-
HTC Research Corporation Employment Agency
-
FedEx Drop Box Postal Service Courier Service
-
Interface Mold Removal & Remediation Concord CA Hardware & Home Improvement Construction Company
-
Contra Costa Child Care Council / Child Care Roundtable - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.20M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$2.66M
Owner & transaction history
Centerspot INC · 9 yrs held
Centerspot INC
since 2016
6 recorded transactions
Zoning & alternative use
PI · Concord, CA
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%
$3,460,000
6.5%
$3,195,000
7%
$2,965,000
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±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
$129 / 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
$18,044
Tax year 2024
Assessed value
$3,205,997
Assessed 2024
Previous assessed
$3,205,997
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$1,352,093
Assessed improvement
$1,853,904
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
5
Stories
1
Total area
20,593 SF
Lot
1.85 ac (80,800 SF)
Zoning code
PI
APN
129-341-019-5
UPID
US09-3092657
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PI · Concord, CAZoning PI · permitted uses
PI · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Concord Municipal Code
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Buildings
5
Lot
1.85 ac
Current owner
From public records · entity-resolved
Centerspot INC
Entity
Mailing address
1035 DETROIT AVE STE #200, CONCORD, CA 94518-2478
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2016
—
Centerspot INC
Cocokids INC
Grant Deed
—
Sep 30, 2003
$2,300,000
Cocokids INC
Taylor,tr
Grant Deed
$1,440,000 · Wells Fargo Bank
Jan 5, 1993
—
Taylor Trust
Taylor,barry R &
Quit Claim Deed
related
—
Nov 2, 1987
—
Owner Name Unavailable
—
Grant Deed
related
—
Sep 29, 1983
$1,425,000
Barry R Taylor
Hofmann,kenneth H
Grant Deed
$1,738,000
—
—
Cocokids INC
—
Deed Of Trust
related
—
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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