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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Auto shops
1135 Erickson Rd Concord, CA 94520-3799
Trust Owned
16-yr Hold
Free & Clear
Property ID
US09-2703982
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Total area
6,000 SF
Lot
0.47 ac (20,473 SF)
Zoning code
SC
APN
128-310-041-8
UPID
US09-2703982
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
-
Jim's Auto Repair Auto Repair Shop
-
Sun Valley Transmission Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Rasmussen W & B Living Trust · 16 yrs held
Rasmussen W & B Living Trust
since 2010
5 recorded transactions
Zoning & alternative use
SC · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SC district provides areas for automobile services, contractor yards, light industry, and other commercial uses requiring outdoor storage or higher truck traffic, while also accommodating retail, restaurant, and office uses.
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
97.19 ac
Source
Realmo
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
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±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
$48 / 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
$5,531
Tax year 2024
Assessed value
$241,728
Assessed 2024
Previous assessed
$241,728
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$106,680
Assessed improvement
$135,048
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
0.47 ac (20,473 SF)
Zoning code
SC
APN
128-310-041-8
UPID
US09-2703982
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
SC · Concord, CAZoning SC · permitted uses
SC · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SC district provides areas for automobile services, contractor yards, light industry, and other commercial uses requiring outdoor storage or higher truck traffic, while also accommodating retail, restaurant, and office uses.
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
97.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Rasmussen W & B Living Trust
Trust
Free & Clear · 16 yrs held
Mailing address
PO BOX 2857, MARTINEZ, CA 94553-7857
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2010
—
Rasmussen W & B Living Trust
Rasmussen,g Wayne & Barbara K
Quit Claim Deed
related
—
Oct 8, 2003
—
Rasmussen G W
Rasmussen,g W
Quit Claim Deed
related
—
Feb 14, 1997
—
G W Rasmussen
Rasmussen,audrey D
Quit Claim Deed
related
—
Sep 21, 1987
—
Owner Name Unavailable
—
Grant Deed
related
—
May 23, 1969
—
Owner Name Unavailable
—
Grant 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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