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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Industrial properties
1081 Shary Cir Concord, CA 94518-2407
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0473264
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1968
Total area
11,775 SF
Lot
0.6 ac (26,136 SF)
Zoning code
PI
APN
129-342-005-3
UPID
US09-0473264
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
-
Janus Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.07M
Owner & transaction history
Michael Ely · 3 yrs held
Michael Ely
since 2022
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
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$91 / 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
$13,960
Tax year 2024
Assessed value
$1,048,867
Assessed 2024
Previous assessed
$1,048,867
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$391,477
Assessed improvement
$657,390
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
1968
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
11,775 SF
Lot
0.6 ac (26,136 SF)
Zoning code
PI
APN
129-342-005-3
UPID
US09-0473264
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.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Michael Ely
Individual
Mailing address
3950 ARBOLADO DR, WALNUT CREEK, CA 94598-4617
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 10, 2022
—
Michael Ely
Shary Circle Investors LLC
Grant Deed
—
Jun 28, 2000
$460,000
Shary Circle Investors LLC
Janus Corp
Grant Deed
$500,000 · Westamerica Bank
Dec 1, 1994
$372,000
Norman A Smith
Carmona Trust
Grant Deed
$371,620 · Seller
Nov 4, 1994
—
Carmona Trust
Martin Development Co
Grant Deed
related
—
—
—
Shary Circle Investors LLC
—
Deed Of Trust
related
$837,000 · Westamerica Bank
—
—
Norman A Smith
—
Deed Of Trust
related
$230,000 · Bar-k INC
—
—
Shary Circle Investors LLC
—
Deed Of Trust
related
$1,200,000 · Wells Fargo Bank
—
—
Shary Circle Investors LLC
—
Deed Of Trust
related
$500,000 · Westamerica Bank
—
—
Norman A Smith
—
Deed Of Trust
related
$96,790 · Carmona Trust
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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