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Property profile & analytics
FOR SALE
Manufacturing properties
2455 Bates Ave Concord, CA 94520
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2998209
For Sale
1 / 3
$3,950,000
2455 Bates Ave, Concord, CA 94520
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Total area
19,800 SF
Lot
0.92 ac (40,050 SF)
Zoning code
L-I
APN
159-361-009-8
UPID
US09-2998209
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
-
EastBay Wraps & Sign Co. INC (Bike/Boat/Book/etc) Store Printing Service
-
Quality Counts LLC Corporate Office
-
ESD Motorcycle Shop
-
Top Knot Flooring General Contractor Renovation Specialist
-
Service Joy Maids (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$1.66M
Owner & transaction history
Krb Associates LLC · 1 yrs held
Krb Associates LLC
since 2025
7 recorded transactions
Zoning & alternative use
L-I · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±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
$84 / 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
$22,226
Tax year 2024
Assessed value
$1,757,586
Assessed 2024
Previous assessed
$1,757,586
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$341,922
Assessed improvement
$1,415,664
Applied tax rate
79.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1980
Heating
NONE
Stories
1
Total area
19,800 SF
Lot
0.92 ac (40,050 SF)
Zoning code
L-I
APN
159-361-009-8
UPID
US09-2998209
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
L-I · Concord, CA
Zoning L-I · permitted uses
L-I · 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
1980
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Krb Associates LLC
Entity
Mailing address
PO BOX 2695, WALNUT CREEK, CA 94595-0695
Ownership since
2025
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
Jan 8, 2025
—
Krb Associates LLC
Rkr Associates LLC
Grant Deed
—
Sep 30, 2008
—
Beard Family Trust
Beard Family Trust
Quit Claim Deed
$500,000 · Westamerica Bank
Mar 11, 1993
—
Beard,trust
Beard,ronald G
Quit Claim Deed
related
—
Nov 20, 1984
—
Owner Name Unavailable
—
Grant Deed
related
—
May 30, 1980
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Ronald G Beard
—
Deed Of Trust
related
$500,000 · Westamerica Bank
—
—
Richard Beard
—
Deed Of Trust
related
$430,000 · John Muir Bank
—
—
Richard Beard
—
Deed Of Trust
related
$118,000 · Individual
—
—
Richard Beard
—
Deed Of Trust
related
$458,000 · John Muir Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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