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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Retail space
1701 Farm Bureau Rd Concord, CA 94519-2439
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0118189
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Total area
2,116 SF
Lot
0.09 ac (3,712 SF)
Zoning code
R1
APN
113-299-005-0
UPID
US09-0118189
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
-
Concord Craft (Bike/Boat/Book/etc) Store Bar & Pub
-
Farm Bureau Market (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM Atm
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$895k
Owner & transaction history
Concord Corner LLC · 1 yrs held
Concord Corner LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
R1 · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$770,000
+48.8%
Commercial (general)
$735,000
+42.6%
Office building
$705,000
+36.6%
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
$910,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$770,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$705,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$560,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $900k (May 12 2025)
Last sale anchor
$900k
May 12 2025
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
$423 / 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
$11,637
Tax year 2024
Assessed value
$961,470
Assessed 2024
Previous assessed
$961,470
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$312,120
Assessed improvement
$649,350
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1938
Heating
NONE
Stories
1
Total area
2,116 SF
Lot
0.09 ac (3,712 SF)
Zoning code
R1
APN
113-299-005-0
UPID
US09-0118189
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Concord, CA
Zoning R1 · permitted uses
R1 · 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
MEDICAL BUILDING
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$560,000
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1938
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Concord Corner LLC
Entity
Mailing address
1701 FARM BUREAU RD, CONCORD, CA 94519-2439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
$900,000
Concord Corner LLC
Avsa LLC
Grant Deed
$940,000 · Southwestern National Bank
Apr 4, 2022
$900,000
Avsa LLC
1701craftshack LLC
Grant Deed
$818,000 · Veloeftysba LLC
Dec 3, 2020
$700,000
1701 Craftshack LLC
Vinod Kumar
Grant Deed
$455,000 · Open Bank
Sep 25, 2007
$550,000
Vinod Kumar
Terri Lee Kirschner
Grant Deed
$440,000 · Bayview Financial Small Business Fu
Nov 22, 2006
—
Terri L Kirschner
Pemberton Trust
Grant Deed
—
Jul 1, 1987
—
Pemberton,maxine L Tre Tr
—
Grant Deed
related
—
Jun 8, 1981
—
Owner Name Unavailable
—
Grant Deed
related
—
Nov 9, 1977
—
Owner Name Unavailable
—
Grant Deed
related
—
Nov 1, 1977
$21,000
—
—
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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