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Property profile & analytics
FOR SALE
Manufacturing properties
5020 Forni Dr Concord, CA 94520
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2633411
For Sale
1 / 6
$860,000
5020 Forni Dr, Concord, CA 94520
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Total area
13,000 SF
Lot
0.59 ac (25,625 SF)
Zoning code
L-I
APN
159-362-003-0
UPID
US09-2633411
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
-
Golden West Concessions Big Box & Wholesale Store
-
J & J Cabinetry and Design, Inc. General Contractor Renovation Specialist
-
D & S Remodeling Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.81M
Owner & transaction history
Svi Forni LLC · 1 yrs held
Svi Forni LLC
since 2024
Last sale
$2.8M
3 recorded transactions
Zoning & alternative use
L-I · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+117.6%
Office building
$4.3M
+108.5%
Apartment house (5+ units)
$3.8M
+81.8%
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
$2,805,000
ML approach
$2,805,000
CAP Approach
CAP Return
Estimation
6%
$2,605,000
6.5%
$2,405,000
7%
$2,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,080,000
Current use
COMMERCIAL (GENERAL)
$4,525,000
Change: +118% · Conversion: Difficult
OFFICE BUILDING
$4,335,000
Change: +109% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,780,000
Change: +82% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,445,000
Change: +66% · Conversion: Easy
Blend value · Realmo final
$2.81M
Range $2.52M – $3.09M · ±10% · vs last sale $2.80M (Aug 14 2024)
Last sale anchor
$2.80M
Aug 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
$216 / 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
$12,271
Tax year 2024
Assessed value
$992,247
Assessed 2024
Previous assessed
$992,247
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$281,307
Assessed improvement
$710,940
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
1983
Heating
NONE
Stories
1
Total area
13,000 SF
Lot
0.59 ac (25,625 SF)
Zoning code
L-I
APN
159-362-003-0
UPID
US09-2633411
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1983
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Svi Forni LLC
Entity
Mailing address
34 ALAMO SQ STE #200, ALAMO, CA 94507-1934
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$2,803,000
Svi Forni LLC
Gail L Beck
Grant Deed
$2,010,000 · Fremont Bank
Sep 25, 2017
—
Gail L Beck
5020 Forni Drive
Quit Claim Deed
—
Apr 28, 1983
—
Owner Name Unavailable
—
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.
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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