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Property profile & analytics
OFF-MARKET
Estimated value
$11,770,000
Automotive properties
2121 Diamond Blvd Concord, CA 94520-5703
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1274816
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1978
Total area
54,935 SF
Lot
4.85 ac (211,266 SF)
Zoning code
PD
APN
126-325-004-3
UPID
US09-1274816
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
-
Concord Mitsubishi Car Dealership
-
Future Chrysler Dodge Jeep Ram of Concord Auto Repair Shop Vehicle Inspection Center
-
Noah Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.77M
Owner & transaction history
Diamond Of Concord LLC · 6 yrs held
Diamond Of Concord LLC
since 2020
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
PD · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.1M
+31.3%
Office building
$18.3M
+25.8%
Apartment house (5+ units)
$16.0M
+9.7%
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
$13,985,000
ML approach
$9,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$14,565,000
Current use
COMMERCIAL (GENERAL)
$19,120,000
Change: +31% · Conversion: Moderate
OFFICE BUILDING
$18,325,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,975,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$13,410,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$11.77M
Range $10.59M – $12.95M · ±10% · vs last sale $11.75M (Jul 15 2020)
Last sale anchor
$11.75M
Jul 15 2020
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
$214 / 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
$161,579
Tax year 2024
Assessed value
$13,652,393
Assessed 2024
Previous assessed
$13,652,393
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$5,613,790
Assessed improvement
$8,038,603
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1978
Heating
NONE
Buildings
3
Stories
1
Total area
54,935 SF
Lot
4.85 ac (211,266 SF)
Zoning code
PD
APN
126-325-004-3
UPID
US09-1274816
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PD · Concord, CA
Zoning PD · permitted uses
PD · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$14.6M
COMMERCIAL (GENERAL)
Est. value
$19.1M
OFFICE BUILDING
Est. value
$18.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.0M
RETAIL STORES
Est. value
$13.4M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1978
Heating
NONE
Stories
1
Buildings
3
Lot
4.85 ac
Current owner
From public records · entity-resolved
Diamond Of Concord LLC
Entity
Mailing address
2285 DIAMOND BLVD, CONCORD, CA 94520-5705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
—
Future Diamond Of Concord LLC
—
Deed
related
$8,225,000 · Us Bank NA
Jul 15, 2020
$11,750,000
Diamond Of Concord LLC
Diamond Galaxy Partners LLC
Grant Deed
$8,225,000 · Us Bank NA
Jul 15, 2020
—
Hidden Leaf Foundation
Diamond Galaxy Partners LLC
Quit Claim Deed
—
May 13, 2011
$3,150,500
Diamond Galaxy Partners LLC
Fitzpatrick Family LLC
Grant Deed
—
Nov 14, 2008
—
Fitzpatrick Family LLC
Fitzpatrick F Gerard Trust
Quit Claim Deed
—
Mar 13, 2001
—
Fitzpatrick Trust
Fitzpatrick,f G & M D
Quit Claim Deed
related
—
Mar 14, 1974
—
—
—
Grant Deed
related
—
—
—
Fitzpatrick F Ge
—
Deed Of Trust
related
$291,000 · Gmac Mortgage Corp
—
—
Fitzpatrick F Gerard Trust
—
Deed Of Trust
related
$2,500,000 · Bank Of Agriculture & Commerce
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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