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Property profile & analytics
FOR LEASE
Industrial properties
1280 Diamond Way Concord, CA 94520
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2159265
For Lease
1 / 3
$2,120/Mo
1280 Diamond Way, Concord, CA 94520
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1960
Total area
7,207 SF
Lot
0.49 ac (21,475 SF)
Zoning code
PI
APN
127-240-009-2
UPID
US10-2159265
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
-
Althea Photographs Studio (Bike/Boat/Book/etc) Store Photography Service
-
Jesse’s Pop Shop (Bike/Boat/Book/etc) Store
-
Jonathan Adams, DC Alternative Medicine Practice
-
Sowle Therapy Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Michael T Rose · 3 yrs held
Michael T Rose
since 2023
Last sale
$950,000
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
$920,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,155,000
Current use
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $950k (Jul 21 2021)
Last sale anchor
$950k
Jul 21 2021
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
$133 / 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
$24,053
Tax year 2024
Assessed value
$1,976,760
Assessed 2024
Previous assessed
$1,976,760
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$665,856
Assessed improvement
$1,310,904
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
1960
Heating
NONE
Stories
1
Units
4
Rooms
4
Total area
7,207 SF
Lot
0.49 ac (21,475 SF)
Zoning code
PI
APN
127-240-009-2
UPID
US10-2159265
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
$1.2M
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
1960
Heating
NONE
Stories
1
Units
4
Rooms
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Michael T Rose
Individual
Free & Clear · 3 yrs held
Mailing address
221 ROUNDHILL PL, CLAYTON, CA 94517-1318
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2023
—
Michael T Rose
Daniel J Mazzoncini JR
Correction Deed
related
—
Jul 21, 2021
$950,000
Daniel J Mazzoncini JR
Michael T Rose
Grant Deed
—
Jul 21, 2021
—
Michael T Rose
Michael T Rose
Intrafamily Transfer
related
—
Jul 10, 2017
—
Twelve Eighty Diamond Way LLC
Cook Arthur D & K B Trust
Quit Claim Deed
$1,050,000 · Avidbank
Sep 30, 2008
$1,460,000
Cook Arthur D & K B Trust
Larson Family Living Trust
Grant Deed
$1,168,000 · Sterling Savings Bank
Oct 10, 2006
—
Larson Sylvia Trust
Larson Family Living Trust
Quit Claim Deed
related
—
Apr 12, 2006
—
Borise L Larson
Larson,sylvia
Affidavit Of Death
related
—
Aug 4, 1986
—
Larson,borisel|larson,sylvia Tre Tr
—
Grant Deed
related
—
Jan 18, 1979
—
—
—
Grant Deed
related
—
Sep 21, 1966
—
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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