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Property profile & analytics
FOR SALE
Commercial land
1385 Galindo St Concord, CA 94520
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1047472
For Sale
1 / 2
$2,000,000
1385 Galindo St, Concord, CA 94520
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1946
Total area
7,363 SF
Lot
0.27 ac (11,700 SF)
Zoning code
DB
APN
126-133-013-6
UPID
US09-1047472
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.58M
Owner & transaction history
Concord Ca Real Estate LLC · 6 yrs held
Concord Ca Real Estate LLC
since 2020
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
DB · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+25.6%
Medical building
$2.7M
+4.4%
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
$3,095,000
ML approach
$2,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,565,000
Current use
RESTAURANT
$3,220,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$2,675,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$2,455,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,140,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±10% · vs last sale $2.60M (Jan 29 2020)
Last sale anchor
$2.60M
Jan 29 2020
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
$350 / 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
$8,539
Tax year 2024
Assessed value
$724,807
Assessed 2024
Previous assessed
$724,807
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$724,807
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1946
Heating
NONE
Total area
7,363 SF
Lot
0.27 ac (11,700 SF)
Zoning code
DB
APN
126-133-013-6
UPID
US09-1047472
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
DB · Concord, CA
Zoning DB · permitted uses
DB · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1946
Heating
NONE
Lot
0.27 ac
Current owner
From public records · entity-resolved
Concord Ca Real Estate LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1422 CLARKVIEW RD, BALTIMORE, MD 21209-2385
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 29, 2020
$2,600,000
Concord Ca Real Estate LLC
Oneil O & S 1998 Trust
Grant Deed
—
May 4, 2005
—
Oneil Owen & S 1998 Trust
Oneil,owen & Saundra
Quit Claim Deed
related
—
May 4, 2005
$985,500
Oneil Owen & S 1998 Trust
Exchange Support Services INC
Grant Deed
—
Jan 21, 2005
—
Exchange Support Services INC
Sms Ents LLC
Grant Deed
$985,320 · Owen & Saundra O'neil
Oct 18, 2004
—
Sms Ents LLC
Olson
Quit Claim Deed
related
—
Mar 2, 2001
$375,000
Sms Enterprises LLC
Switzer Trust
Grant Deed
$200,000 · Oneill Trust
Aug 16, 1993
—
Macfarlane Trust
Macfarlane Trust
Quit Claim Deed
related
—
—
—
Switzer,v. Trust
—
Deed Of Trust
related
$98,000 · Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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