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Property profile & analytics
OFF-MARKET Estimated value $30,165,000
Office buildings

1850 Gtwy Blvd Concord, CA 94520-3279

316,241 SF 3.28 ac lot Built 1987
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3266092
Property summary
AI-generated overview

Concord Gateway I, located at 1850 Gateway Blvd, Concord, CA 94520, presents a remarkable opportunity for a single tenant to occupy 33,269 square feet of Class A office space. This prestigious 10-story building, situated on a 3.279-acre lot, boasts a total of 302,995 square feet and offers unparalleled amenities. Built in 1987, the property features 900 parking spaces in an on-site garage, ensuring ample convenience for employees and clients. The building's prime location in Concord, Contra Costa County, near Clayton Rd, provides easy access to downtown amenities. On-site conveniences include a state-of-the-art health club complete with showers and lockers, a professional property management team, and a convenient deli/restaurant. 24-hour security provides peace of mind. This single-tenant occupancy opportunity is ideal for a company seeking a modern, well-maintained, and amenity-rich workspace in a desirable location. The property's impressive size and high-quality features make it an exceptional investment for businesses seeking to establish a strong presence in the Concord market. The building's executive office subtype caters to businesses requiring a sophisticated and professional environment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 316,241 SF
Lot 3.28 ac (142,746 SF)
Zoning code DB
APN 126-342-008-3
UPID US09-3266092
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
  • PG&E Concord General Contractor
  • Center For Health Design Hospital
  • Iteknique Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Belmarx Marketing Agency, LLC Advertising Agency Marketing & Advertising
  • Independent Living Resources of Solano & Contra Costa Counties Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$30.17M
Owner & transaction history
Sppi Commercial LLC · 5 yrs held
Sppi Commercial LLC
since 2021
3 recorded transactions
2021
Price N/A
2009
Price N/A
1995
Price N/A
Zoning & alternative use
DB · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Concord Municipal Code
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