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Property profile & analytics
OFF-MARKET
Estimated value
$8,690,000
Super regional malls
1631 Willow Pass Rd Concord, CA 94520-2611
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2339973
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2005
Total area
6,490 SF
Lot
0.33 ac (14,375 SF)
Zoning code
DB
APN
126-281-046-6
UPID
US09-2339973
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
-
Brasas Do Brazil Churrascaria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.98M
Blend (final)
Blend
$8.69M
Owner & transaction history
2600 Telegraph Property LLC · 4 yrs held
2600 Telegraph Property LLC
since 2022
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
DB · Concord, CA
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
$8,665,000
ML approach
$9,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.69M
Range $7.82M – $9.56M · ±10% · vs last sale $8.80M (Jun 29 2022)
Last sale anchor
$8.80M
Jun 29 2022
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
$1,339 / 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
$34,219
Tax year 2024
Assessed value
$1,839,947
Assessed 2024
Previous assessed
$1,839,947
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$352,175
Assessed improvement
$1,487,772
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
6,490 SF
Lot
0.33 ac (14,375 SF)
Zoning code
DB
APN
126-281-046-6
UPID
US09-2339973
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
DB · Concord, CAZoning DB · permitted uses
DB · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Concord Municipal Code
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
2600 Telegraph Property LLC
Entity
Mailing address
238 SHERIDAN RD, OAKLAND, CA 94618-2718
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2022
—
2600 Telegraph Property LLC
—
Deed
related
$2,090,000 · Bank Of The West
Jun 29, 2022
$8,800,000
2600 Telegraph Property LLC
Contra Costa County Harvest Church
Grant Deed
$2,090,000 · Gogi Time INC
May 10, 2017
—
Contra Costa Cnty Harvest Ch I
—
Grant Deed
related
$7,500,000 · Summit Bk
Dec 20, 2012
—
Farm LLC
Sutter,arthur H
Grant Deed
related
—
May 30, 2007
—
Costa Cnty Harvest Ch I Contra
Belloc,hope B
Grant Deed
$5,500,000 · Bank Of Alameda
Aug 16, 2004
—
Fargo Bk Wells
Owner Name Unavailable
Grant Deed
related
—
Jun 23, 2000
—
Contra Costa County Harvest
—
Deed Of Trust
related
$2,900,000 · Individual
Jun 26, 1998
$2,600,000
Contra Costa County Harvest
Josephine F Jones Family LP
Grant Deed
$1,820,000 · Bar K INC
Aug 18, 1997
—
Pifer Trust
Sutter-pifer,judith J
Quit Claim Deed
related
—
May 26, 1995
—
Judith J Sutter-pifer
Pifer,charles & Judith J
Quit Claim Deed
related
$2,300,000 · Bank Of America
—
—
Costa Country Harvest Contra
—
Deed Of Trust
related
$500,000 · 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.
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