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Property profile & analytics
OFF-MARKET Estimated value $530,000
Medical Office Space

1494 Balhan Dr Concord, CA 94521-3740

4,000 SF 0.36 ac lot Built 1968
Trust Owned 6-yr Hold ~ Est. High Equity
Property ID
US09-0489674
Property summary
AI-generated overview

This exceptional Concord, California medical office space, located at 1494 Balhan Drive, offers a fantastic opportunity for healthcare professionals seeking a well-situated and versatile space. The property, classified as a Class B building, boasts a total of 4,000 square feet, with 2,600 square feet currently available for lease. This contiguous space is ideal for a variety of medical practices or related businesses, offering flexibility with a minimum divisible space of 1,700 square feet and a maximum contiguous space of 2,600 square feet. The building features a single suite, ensuring privacy and control. The property sits on a 0.36-acre lot and provides ample on-site parking for staff and clients, a significant advantage in this busy area. The zoning is Neighborhood Commercial (NC), making it suitable for a range of uses. The property's location in Concord, CA, zip code 94521, offers easy access to major transportation routes and a thriving local community. The Contra Costa County location provides access to a large and diverse patient base. The APN is 178-160-018-2. This is a rare opportunity to secure a well-maintained and conveniently located medical office space in a desirable area. Inquire today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Total area 4,000 SF
Lot 0.36 ac (15,638 SF)
Zoning code PD
APN 120-081-044-6
UPID US09-0489674
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
  • Dr. Bita L. Matin, DDS Dental Office
  • Dr. Julio Mendoza, DDS Dental Office
  • Mendoza & Matin Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
$655k
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
Matin,bita Trust · 6 yrs held
Matin,bita Trust
since 2020
Last sale
$460,000
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2013
Price N/A
2000
$460,000
1988
$405,000
Zoning & alternative use
PD · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Planned District
General category PLANNED_DEVELOPMENT
Zone area 1,479.69 ac
Source Realmo
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