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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2045 Mt Diablo St Concord, CA 94520-2380

    • Office buildings
    • 12,864 SF
    • 0.18 lot acres
    OFF-MARKET
    Last Sale
    Jan 17, 2020
    $4,000,000
    Value Estimations
    $4,245,000
    Show details
    Cap Rate Potential
    2.7%
    Office buildings
    Location Intelligence
    Property ID
    US09-0417754
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Heather Claiborne Attorney / Law Firm
    • 1920 Barbershop / Hair Salon
    • Financial Advantage Co / Loan Service / Bank
    • Superior Home Realty / Property Management Company
    • Diablo View Realty - Christopher Parker / Real Estate Agency

    Property Details for 2045 Mt Diablo St

    Year built
    1915
    Construction
    WOOD FRAME
    Lot size
    0.18 lot acres
    Property size
    12,864 SF
    Zone code
    DB
    Property type
    Office buildings
    APN
    112-138-019-8
    APU
    1121380198

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,760,000
      ML approach
      $4,225,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,703,000
      Market price range: $2.49M - $5.70M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,290,000
      Current use
      RESTAURANT
      $5,625,000
      Change: +31% Conversion: Moderate
      MEDICAL BUILDING
      $4,670,000
      Change: +9% Conversion: Easy
      COMMERCIAL (GENERAL)
      $4,480,000
      Change: +4% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $3,740,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.035
    Latitude
    37.9778
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $50,674
    $938,175
    $2,717,921
    $3,656,096
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $17,825,000
      183,600 SF

      1200 Concord Ave

      OFFICE BUILDING • 183,600 SF
      1200 Concord Ave, Concord, CA 94520-4915
      View Details
    • Value Estimation
      $7,960,000
      61,360 SF

      4005 Prt Chicago Hwy

      OFFICE BUILDING • 61,360 SF
      4005 Prt Chicago Hwy, Concord, CA 94520-1180
      View Details
    • Value Estimation
      $2,500,000
      10,614 SF

      2290 Diamond Blvd Ste, Unit 100

      OFFICE BUILDING • 10,614 SF
      2290 Diamond Blvd Ste, Concord, CA 94520-5744
      View Details
    • Value Estimation
      $11,215,000
      98,684 SF

      1000 Burnett Ave

      OFFICE BUILDING • 98,684 SF
      1000 Burnett Ave, Concord, CA 94520-2000
      View Details
    • Value Estimation
      $3,460,000
      28,147 SF

      1849 Willow Pass Rd

      OFFICE BUILDING • 28,147 SF
      1849 Willow Pass Rd, Concord, CA 94520-2524
      View Details
    • Value Estimation by Request
      3,500 SF

      1124 Caven Way

      OFFICE BUILDING • 3,500 SF
      1124 Caven Way, Concord, CA 94520-3112
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,586 SF

      Concord Office Building For Sale

      Highly visible Concord office building with prime signage placement.
      1410 Monument Blvd, Concord, CA 94520
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      Historic Downtown Concord Office Building

      Historic building in downtown Concord with commercial mixed-use zoning.
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      Concord Office Building For Sale

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      14,950 SF

      Historical Downtown Concord Office Building

      14,950 SF office building in downtown Concord, California.
      2001 Salvio St, Concord, CA 94520
      View Details
    • Contact for pricing
      8,593 SF

      Concord Flex Space - 8,593 SF

      Prime Concord location, renovated flex space. Ideal for owner-users or investors.
      2321 Stanwell Dr, Concord, CA 94520
      View Details
    • $3,750,000
      21,352 SF

      Sunvalley Professional Center

      Concord, CA Executive Office Building
      901 Sunvalley Blvd, Concord, CA 94520
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,807 SF

      Concord Office Space Available

      Office space for lease in a convenient Concord location.
      1470 Civic Ct, Concord, CA 94520
      View Details
    • $71 SF/Yr
      20,166 SF

      Concord Executive Office Suites

      Prime Concord location, flexible spaces available.
      1320 Willow Pass Rd, Concord, CA 94520
      View Details
    • Contact for pricing
      20,100 SF

      Concord Executive Office Suites

      Prime Concord location, 2 suites available
      1679 Willow Pass Rd, Concord, CA 94520
      View Details
    • $2 SF/Yr
      7,108 SF

      Class A Office Space Available

      Class A office space in downtown Concord with many amenities.
      1855 Gateway Blvd, Concord, CA 94520
      View Details
    • Contact for pricing
      1,016 SF

      Ground Floor Office Suite Available

      Office suite with exterior entrances and easy surface parking.
      2280 Diamond Blvd, Concord, CA 94520
      View Details
    • Contact for pricing
      2,433 SF

      Concord Office Space For Rent

      Centrally located office space with highway access and flexible leases.
      2450 Stanwell Dr, Concord, CA 94520
      View Details

    Property Visit Statistics

    • Visits by month
      18.4k
    • Visitors by month
      13.6k
    • Avg Time on site
      22 min
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    Concord, CA 94520-2380
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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