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    Property profile & analytics

    940 Detroit Ave Concord, CA 94518-2502

    • Manufacturing properties
    • 14,700 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $4,705,000
    Last Sale
    Nov 04, 2021
    $4,900,000
    Location Intelligence
    Property ID
    US09-5547526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bay Area Newgroup Concord DC / Warehouse
    • DC / Corporate Office

    Property Details for 940 Detroit Ave

    Year built
    1964
    Lot size
    1.86 lot acres
    Property size
    14,700 SF
    Property type
    Manufacturing properties
    APN
    129-140-070-1
    APU
    1291400701

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,420,000
      6.5%
      $5,380,000
      7%
      $5,190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,705,000
      Geo Method
      $4,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,675,000
      Retail
      $4,840,000
      Mixed-Use
      $4,445,000
      Hospitality
      $4,660,000
      Educational
      $4,230,000
      Residential Income
      $4,365,000
      Energy
      $5,245,000
      Income-Based Land
      $4,320,000
      Food Service
      $5,390,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.027
    Latitude
    37.9502
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $45,418
    $1,290,096
    $2,580,192
    $3,870,288
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,240 SF

      990 Detroit Ave

      MANUFACTURING (LIGHT) • 12,240 SF
      990 Detroit Ave, Concord, CA 94518-2502
      View Details
    • Value Estimation
      $825,000
      48,775 SF

      1000 Detroit Ave

      MANUFACTURING (LIGHT) • 48,775 SF
      1000 Detroit Ave, Concord, CA 94518-2414
      View Details
    • Value Estimation by Request
      22,640 SF

      3231 Monument Waya-l

      MANUFACTURING (LIGHT) • 22,640 SF
      3231 Monument Waya-l, Concord, CA 94518-2483
      View Details
    • Value Estimation
      $2,570,000
      8,908 SF

      2764 Cloverdale Ave

      MANUFACTURING (LIGHT) • 8,908 SF
      2764 Cloverdale Ave, Concord, CA 94518-2467
      View Details
    • Value Estimation by Request
      38,022 SF

      2570 Cloverdale Ave

      MANUFACTURING (LIGHT) • 38,022 SF
      2570 Cloverdale Ave, Concord, CA 94518-2488
      View Details
    • Value Estimation by Request
      17,658 SF

      2681 Cloverdale Ave

      MANUFACTURING (LIGHT) • 17,658 SF
      2681 Cloverdale Ave, Concord, CA 94518-2490
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    • Contact for pricing
      10,000 SF

      Freestanding Building on Shary Circle

      Freestanding building with offices, warehouse, and fenced yard for lease.
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    • $20,133
      13,422 SF

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      13,422 sq ft warehouse with easy highway access.
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    • $1.35 SF/Yr
      13,140 SF

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      13,140 SF warehouse with fenced yard, available immediately.
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    940 Detroit Ave
    Concord, CA 94518-2502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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