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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
2177 Diamond Blvd Concord, CA 94520-5703
Individually Owned
44-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1797409
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
5,269 SF
Lot
0.41 ac (17,860 SF)
Zoning code
PD
APN
126-325-001-9
UPID
US09-1797409
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
-
California Teachers Association Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$615k
Owner & transaction history
Calif Teachers Assoc · 44 yrs held
Calif Teachers Assoc
since 1982
2 recorded transactions
Zoning & alternative use
PD · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Planned District
General category
PLANNED_DEVELOPMENT
Zone area
1,479.69 ac
Source
Realmo
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
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$117 / 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
$17,717
Tax year 2024
Assessed value
$1,459,470
Assessed 2024
Previous assessed
$1,459,470
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$555,049
Assessed improvement
$904,421
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
1979
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
5,269 SF
Lot
0.41 ac (17,860 SF)
Zoning code
PD
APN
126-325-001-9
UPID
US09-1797409
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PD · Concord, CAZoning PD · permitted uses
PD · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Planned District
General category
PLANNED_DEVELOPMENT
Zone area
1,479.69 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Calif Teachers Assoc
Individual
Mailing address
1705 MURCHISON DR, BURLINGAME, CA 94010-4504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1982
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 1982
$600,000
Calif Teachers Assoc
Mahloch,gary L
Grant Deed
$270,000 · Union Bk NA
Dec 2, 1981
$100,000
Grizzly INC
Sharkey,frank J
Grant Deed
related
—
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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