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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Gas stations
2151 Monument Blvd Concord, CA 94520-3808
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3000164
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1992
Total area
3,000 SF
Lot
0.3 ac (13,242 SF)
Zoning code
SC
APN
128-310-084-8
UPID
US10-3000164
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
-
United Auto Repair Auto Repair Shop
-
Valvoline Instant Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Hbw Properties LLC · 2 yrs held
Hbw Properties LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
SC · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SC district provides areas for automobile services, contractor yards, light industry, and other commercial uses requiring outdoor storage or higher truck traffic, while also accommodating retail, restaurant, and office uses.
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
97.19 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$2.8M
+9.1%
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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$2,545,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,775,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Jun 14 2024)
Last sale anchor
$1.95M
Jun 14 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
$650 / 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
$24,376
Tax year 2024
Assessed value
$2,105,000
Assessed 2024
Previous assessed
$2,105,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$637,500
Assessed improvement
$1,467,500
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
3,000 SF
Lot
0.3 ac (13,242 SF)
Zoning code
SC
APN
128-310-084-8
UPID
US10-3000164
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
SC · Concord, CAZoning SC · permitted uses
SC · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SC district provides areas for automobile services, contractor yards, light industry, and other commercial uses requiring outdoor storage or higher truck traffic, while also accommodating retail, restaurant, and office uses.
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
97.19 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
SERVICE STATION (FULL SERVICE) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Hbw Properties LLC
Entity
Mailing address
54 JACONNET ST, NEWTON HIGHLANDS, MA 02461-1952
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
$1,950,000
Hbw Properties LLC
Timothy Dean Lunsford
Grant Deed
—
Jun 4, 2024
—
Timothy Dean Lunsford
—
Deed
related
$250,000 · Dean Lunsford
Nov 1, 2016
—
Timothy D Lunsford
—
Deed
related
$915,000 · Trustone Fin'l FCU
Dec 1, 2005
$1,750,000
Tim Lunsford
Goodrich Trust
Grant Deed
$1,000,000 · Goodrich Trust
Sep 27, 1995
—
Goodrich Trust
Goodrich,gary D & Elizabeth
Quit Claim Deed
related
$783,170 · Sacramento Commercial Bank
Mar 3, 1992
—
Goodrich G.
Goodrich,g.&e.
Quit Claim Deed
related
$29,000 · Sacramento Commercial Bank
Sep 24, 1991
—
Goodrich G.
Goodrich,g.&e.
Quit Claim Deed
related
$760,000 · Sacramento Commercial Bank
Jun 13, 1991
$381,500
Goodrich,gary&el
Jackson,d.
Trustees Deed
—
Jun 13, 1991
$246,000
Aeco Management
Jackson,d.
Trustees Deed
—
Apr 17, 1973
—
—
—
Grant Deed
related
—
—
—
Goodrich G.
—
Deed Of Trust
related
$789,000 · Sacramento Commercial Bank
—
—
Timothy D Lunsford
—
Deed Of Trust
related
$915,000 · Trustone Fin'l FCU
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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