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    Property profile & analytics

    1701 Farm Bureau Rd Concord, CA 94519-2439

    • Retail space
    • 2,116 SF
    • 0.09 lot acres
    OFF-MARKET
    Last Sale
    May 12, 2025
    $900,000
    Value Estimations
    $905,000
    Show details
    Cap Rate Potential
    2.7%
    Retail space
    Location Intelligence
    Property ID
    US09-0118189
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Concord Craft / Beer Store
    • Farm Bureau Market / Liquor Store
    • ATM / Atm
    • Primo Water Refill / Bottled Water Supplier

    Property Details for 1701 Farm Bureau Rd

    Year built
    1938
    Lot size
    0.09 lot acres
    Property size
    2,116 SF
    Zone code
    R1
    Property type
    Retail space
    APN
    113-299-005-0
    APU
    1132990050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $910,000
      ML approach
      $870,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $761,000
      Market price range: $280k - $762k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.009
    Latitude
    37.9749
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,637
    $312,120
    $649,350
    $961,470
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $235,000
      4,200 SF

      3544 Clayton Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,200 SF
      3544 Clayton Rd, Concord, CA 94519-2447
      View Details
    • Value Estimation
      $2,530,000
      10,528 SF

      3495 Clayton Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,528 SF
      3495 Clayton Rd, Concord, CA 94519-2421
      View Details
    • Value Estimation
      $785,000
      3,132 SF

      3569 Clayton Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,132 SF
      3569 Clayton Rd, Concord, CA 94519-2421
      View Details
    • Value Estimation
      $215,000
      1,424 SF

      2806 Clayton Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,424 SF
      2806 Clayton Rd, Concord, CA 94519-2728
      View Details
    • Value Estimation
      $225,000
      7,542 SF

      3404 Clayton Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,542 SF
      3404 Clayton Rd, Concord, CA 94519-2422
      View Details
    • Value Estimation
      $220,000
      3,325 SF

      2803 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,325 SF
      2803 Main Ave, Concord, CA 94519-2616
      View Details

    Similar Nearby for Sale

    • $1,498,000
      1,500 SF

      High-Traffic Concord Retail Opportunity

      Visible, income-generating property in Concord with flexible usage potential.
      3399 Clayton Rd, Concord, CA 94519
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    • $4,800,000
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      Retail and Medical Space Portfolio

      Portfolio of four retail and medical properties for sale.
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      Concord Office Building For Sale

      Office building in Concord with upside potential and surface parking.
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    • $6,005,000
      18,050 SF

      Well-Maintained 20-Unit Apartment Complex

      Spacious units, modern amenities, and assumable financing available.
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    • $375,000

      Land with Approved Building Permits

      Land with permits for a two-story single-family house.
      1824 Scott Rd, Concord, CA 94519
      View Details
    • $375,000

      Land with Approved Building Permits

      Land with permits for a two-story single-family house.
      3539 Wren Ave, Concord, CA 94519
      View Details

    Similar Nearby for Lease

    • $2.00 SF/Yr
      750 SF

      Retail Space Near Concord BART

      Retail and restaurant spaces available near public transportation.
      2737-2787 Clayton Rd, Concord, CA 94519
      View Details
    • $2.00 SF/Yr
      2,100 SF

      Retail Space Near Concord BART

      Retail space near BART station on major corridor.
      2677-2709 Clayton Rd, Concord, CA 94519
      View Details
    • Contact for pricing
      220 SF

      Retail Space Available For Rent

      220 square feet retail space for rent in Concord.
      3500 Clayton Rd, Concord, CA 94519
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Concord, CA

      Retail space with high ceilings and private restroom.
      4115 Concord Blvd, Concord, CA 94519
      View Details
    • Contact for pricing
      17,031 SF

      Office Space Near Downtown BART

      Office suite next to Downtown Concord BART station.
      2702 Clayton Rd, Concord, CA 94519
      View Details
    • Contact for pricing
      1,339 SF

      Medical Office Space Available

      Medical office space for lease with on-site parking.
      2917 Salvio St, Concord, CA 94519
      View Details
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    1701 Farm Bureau Rd
    Concord, CA 94519-2439
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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