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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
3540 Chestnut Ave Concord, CA 94519-2417
Individually Owned
6-yr Hold
Free & Clear
Property ID
US09-2850880
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
2,600 SF
Lot
0.23 ac (10,004 SF)
Zoning code
AP
APN
113-181-022-6
UPID
US09-2850880
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
-
Connect & Bloom Speech Therapy Inc Physician
-
Flowers of Joy (Bike/Boat/Book/etc) Store Florist
-
Simply Vanity Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$405k
Comparable Approach
Comparable
$511k
Blend (final)
Blend
$510k
Owner & transaction history
Jo Un-jeong · 6 yrs held
Jo Un-jeong
since 2019
5 recorded transactions
Zoning & alternative use
AP · Concord, CA
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
$320,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$405,000
7%
$375,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$196 / 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
$8,110
Tax year 2024
Assessed value
$627,449
Assessed 2024
Previous assessed
$627,449
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$375,377
Assessed improvement
$252,072
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
1984
Heating
NONE
Stories
1
Total area
2,600 SF
Lot
0.23 ac (10,004 SF)
Zoning code
AP
APN
113-181-022-6
UPID
US09-2850880
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
AP · Concord, CAZoning AP · permitted uses
AP · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Concord Municipal Code
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Jo Un-jeong
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 173859, DENVER, CO 80217-3859
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2019
$585,500
Jo Un-jeong
Oakland
Grant Deed
—
Jun 22, 1995
$214,000
Roman Catholic Bishop Of Oakla
Cornella Construction Co INC
Grant Deed
—
Nov 1, 1991
$164,500
Joe Cornella
Cornella,joe&fre
Grant Deed
related
—
Sep 16, 1976
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Cornella Constru
—
Deed Of Trust
related
$250,000 · East County 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.
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