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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Office buildings
1982 Concord Ave Concord, CA 94520-2323
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-2579182
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1892
Total area
2,208 SF
Lot
0.09 ac (3,964 SF)
Zoning code
DB
APN
126-052-030-7
UPID
US10-2579182
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
-
Always Available DME Medical Supply Store Medical Equipment Supplier
-
JBAENS CORPORATION Dental Office Pharmacy
-
The G. Private Barber Studio Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$979k
Blend (final)
Blend
$1.06M
Owner & transaction history
Jannab Ride LLC · 4 yrs held
Jannab Ride LLC
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
DB · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Concord Municipal Code
Top alternative use upside
Medical building
$800,000
+8.9%
Commercial (general)
$770,000
+4.3%
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
$1,250,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$735,000
Current use
MEDICAL BUILDING
$800,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$770,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $950k (Sep 9 2021)
Last sale anchor
$950k
Sep 9 2021
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
$478 / 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
$12,766
Tax year 2024
Assessed value
$988,380
Assessed 2024
Previous assessed
$988,380
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$416,160
Assessed improvement
$572,220
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1892
Heating
NONE
Stories
1
Units
2
Rooms
2
Total area
2,208 SF
Lot
0.09 ac (3,964 SF)
Zoning code
DB
APN
126-052-030-7
UPID
US10-2579182
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
OFFICE BUILDING Current
Est. value
$735,000
MEDICAL BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$770,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1892
Heating
NONE
Stories
1
Units
2
Rooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Jannab Ride LLC
Entity
Mailing address
1982 CONCORD AVE, CONCORD, CA 94520-2323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$950,000
Jannab Ride LLC
Diablo Rojo Enterprises LLC
Grant Deed
$855,000 · Private Businee Capital
Oct 25, 2016
—
Diablo Rojo Enterprises LLC
—
Deed
related
$345,000 · Umpqua Bank
May 24, 2011
—
Diablo Rojo Ents LLC
Walters,darrin
Quit Claim Deed
related
$349,000 · Ronald P Elvidge
May 20, 2011
$371,000
Diablo Rojo Enterprises LLC
Ronald P Elvidge
Grant Deed
$349,000 · Community West Bank NA
Feb 20, 2009
$150,000
Ronald P Elvidge
Roberts Family Trust
Grant Deed
—
Feb 20, 2009
—
Ronald P Elvidge
Elvidge,carla N
Quit Claim Deed
related
—
May 29, 2008
—
Roberts Family Trust
Ginochio Jerome J
Grant Deed
—
Apr 18, 2006
—
Jerome J Ginochio
Ginochio Margaret F Trust
Quit Claim Deed
related
—
May 11, 2005
—
Jerome J Ginochio
Ginochio,margaret F
Affidavit Of Death
related
—
Oct 30, 2003
—
Ginochio,tr
Ginochio,margaret F
Quit Claim Deed
related
—
Sep 6, 2000
—
Kirk Iventosch
Iventosch,sandra J
Quit Claim Deed
related
—
—
—
Kirk D Inventosch
—
Deed Of Trust
related
$300,000 · El Borado Holding Comp
—
—
Equity Share
—
Deed Of Trust
related
$50,000 · Lucy Nannizzi
—
—
Equity Share
—
Deed Of Trust
related
$60,000 · Edward G Wang
—
—
Equity Share
—
Deed Of Trust
related
$60,000 · Frank F Coelho
—
—
Equity Share
—
Deed Of Trust
related
$55,000 · Onopko Trust
—
—
Equity Share
—
Deed Of Trust
related
$78,690 · Frank F Coelho
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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