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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Life science properties
2341 Stanwell Dr Concord, CA 94520-4808
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3160281
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1975
Total area
9,856 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LI
APN
112-251-014-0
UPID
US09-3160281
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
-
Element Concord Laboratory
-
iso 9001 in microbiological laboratories Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$2.58M
Owner & transaction history
Reza Fakurnejad · 4 yrs held
Reza Fakurnejad
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
LI · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,555,000
ML approach
$2,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±10% · vs last sale $2.60M (Apr 20 2022)
Last sale anchor
$2.60M
Apr 20 2022
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
$262 / 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
$33,808
Tax year 2024
Assessed value
$2,699,838
Assessed 2024
Previous assessed
$2,699,838
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$899,946
Assessed improvement
$1,799,892
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1975
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
9,856 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LI
APN
112-251-014-0
UPID
US09-3160281
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
LI · Concord, CA
Zoning LI · permitted uses
LI · 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.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Reza Fakurnejad
Individual
Mailing address
7134 MARLBOROUGH TER, BERKELEY, CA 94705-1737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
—
Reza Fakurnejad
Reza Fakurnejad
Intrafamily Transfer
related
$1,687,000 · Fremont Bank
Apr 5, 2022
$2,595,000
Reza Fakurnejad
Munoz Partners LLC
Grant Deed
—
Dec 8, 2020
—
Munoz Partners LLC
—
Deed
related
$250,000 · Bank Of The West
Feb 13, 2015
$1,500,000
Munoz Partners LLC
Holmgren Stanford L JR
Grant Deed
$757,500 · Bank Of The West
Jun 15, 2004
—
Law,tr
Wolk,lynne
Grant Deed
related
—
Feb 17, 1989
$650,000
Stan Holmgren JR.
Holmgren Family
Grant Deed
related
$530,000 · Individual
Dec 24, 1979
—
—
—
Grant Deed
related
—
Nov 14, 1975
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Munoz Partners LLC
—
Deed Of Trust
related
$100,000 · Bank Of The West
—
—
Munoz Partners LLC
—
Deed Of Trust
related
$250,000 · Bank Of The West
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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