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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Super regional malls
1701 Willow Pass Rd Concord, CA 94520-2688
Trust Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2454470
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1955
Construction
BRICK
Total area
25,200 SF
Lot
2.57 ac (111,949 SF)
Zoning code
DB
APN
126-281-013-6
UPID
US09-2454470
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
-
Saigon Bistro Restaurant
-
Sunrise Bagels Cafe (Bike/Boat/Book/etc) Store Bakery
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Starbucks Cafe & Coffee Shop
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Chabra Living 2003 Trust · 13 yrs held
Chabra Living 2003 Trust
since 2013
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$86 / 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
$61,668
Tax year 2024
Assessed value
$3,672,414
Assessed 2024
Previous assessed
$3,672,414
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,753,315
Assessed improvement
$1,919,099
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
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
25,200 SF
Lot
2.57 ac (111,949 SF)
Zoning code
DB
APN
126-281-013-6
UPID
US09-2454470
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
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Chabra Living 2003 Trust
Trust
Mailing address
1482 RELIEZ VLY RD, LAFAYETTE, CA 94549-2319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2023
—
Raj Chabra
—
Deed
related
$1,000,000 · Bank Of Marin
Feb 21, 2013
—
Chabra Living 2003 Trust
Chabra Living 2003 Trust
Quit Claim Deed
related
$1,875,000 · Standard Insurance Co
Jan 6, 2004
—
Chabra,tr
Chabra,raj & Vicki
Quit Claim Deed
related
—
Mar 3, 1998
$2,226,500
Raj Chabra
Hannon Trust
Grant Deed
$2,000,000 · Standard Mortgage Investors
—
—
Raj Chabra
—
Deed Of Trust
related
$2,000,000 · Stancorp Mortgage Investors
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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