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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Retail space
1050 Contra Costa Blvd Concord, CA 94523-1957
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2807197
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
WOOD FRAME
Total area
5,714 SF
Lot
0.48 ac (20,909 SF)
Zoning code
NC
APN
127-032-043-3
UPID
US09-2807197
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
-
Szechuan Garden Restaurant
-
On the Double Office Law Firm
-
Morquecho LLC Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
1050 Contra Costa Boulevard Ll · 12 yrs held
1050 Contra Costa Boulevard Ll
since 2013
7 recorded transactions
Zoning & alternative use
NC · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+8.6%
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%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,395,000
Current use
AUTO REPAIR, GARAGE
$1,515,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$167 / 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
$27,598
Tax year 2024
Assessed value
$1,961,877
Assessed 2024
Previous assessed
$1,961,877
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$998,773
Assessed improvement
$963,104
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
WOOD FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,714 SF
Lot
0.48 ac (20,909 SF)
Zoning code
NC
APN
127-032-043-3
UPID
US09-2807197
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
NC · Concord, CA
Zoning NC · permitted uses
NC · 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
RETAIL STORES Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1975
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
1050 Contra Costa Boulevard Ll
Individual
Free & Clear · 12 yrs held
Mailing address
1357 N MAIN ST STE C, WALNUT CREEK, CA 94596-4676
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2013
—
1050 Contra Costa Boulevard Ll
Keadjian Michael Trust
Quit Claim Deed
—
Oct 11, 2013
—
Contra Costa Boulervard L 1050
Koroyan M Family Trust
Quit Claim Deed
related
—
Dec 31, 2012
—
Keadjian Michael Trust
Keadjian Living Trust
Quit Claim Deed
related
—
Apr 4, 2012
$88,500
Keadjian Living Trsut
Janigian Virginia Trust
Quit Claim Deed
related
—
Apr 4, 2012
—
Keadjian Living Trust 1986
Barson-janigian,fleurette M
Quit Claim Deed
related
—
Dec 18, 1991
$22,500
Keadjian Trust
Estate Of Virgin
Grant Deed
—
Aug 4, 1989
$1,194,000
Keadjian Livings
Western American
Grant Deed
$694,000 · Great Northern Mortgage
Dec 20, 1988
$16,000
Gary Russello
Lynch,d.
Quit Claim Deed
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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