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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Medical Office Space
1821 Concord Ave Concord, CA 94520-2348
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2711804
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Total area
5,000 SF
Lot
0.57 ac (24,916 SF)
Zoning code
DB
APN
112-110-026-5
UPID
US09-2711804
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
-
Western Dental & Orthodontics Dental Office
-
Wu Jean M DDS Dental Office
-
Borham Wael DDS Dental Office
-
Dr. Reed Atem A DDS Dental Office
-
Western Dental Center: Elbeblawy Aya A DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$843k
Blend (final)
Blend
$1.40M
Owner & transaction history
Nan M Graham · 2 yrs held
Nan M Graham
since 2024
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
DB · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Concord Municipal Code
Top alternative use upside
Restaurant
$2.2M
+20.4%
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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,815,000
Current use
RESTAURANT
$2,185,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,740,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$1,670,000
Change: -8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,455,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (May 29 2024)
Last sale anchor
$1.40M
May 29 2024
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
$280 / 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
$28,721
Tax year 2024
Assessed value
$2,235,462
Assessed 2024
Previous assessed
$2,235,462
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$596,763
Assessed improvement
$1,638,699
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
5,000 SF
Lot
0.57 ac (24,916 SF)
Zoning code
DB
APN
112-110-026-5
UPID
US09-2711804
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1996
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Nan M Graham
Individual
Free & Clear · 2 yrs held
Mailing address
690 SUNOL ST, SAN JOSE, CA 95126-3751
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 29, 2024
—
Nan M Graham
Gerald R Graham JR
Intrafamily Transfer
related
—
Aug 13, 2020
—
Ce Reed Family LLC
Nan M Graham
Quit Claim Deed
related
—
Dec 31, 2019
—
Reed,c E Living Trust
Charles E Reeds
Affidavit Of Death
related
—
Jun 18, 1997
$1,400,000
Reed Trust
Angelillo Partners
Grant Deed
—
Feb 23, 1996
—
Partners Angelillo
—
Grant Deed
related
$745,000 · United Security Bank
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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