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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Manufacturing properties
959 Detroit Ave Concord, CA 94518-2501
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1764093
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Total area
8,428 SF
Lot
0.56 ac (24,394 SF)
Zoning code
PI
APN
129-140-061-0
UPID
US09-1764093
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
-
Bay Medic Ambulance Ambulance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Nesar Ahmad Abdiani · 2 yrs held
Nesar Ahmad Abdiani
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
PI · 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
$1,220,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
$1,690,000
6.5%
$1,560,000
7%
$1,445,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,465,000
Current use
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.22M (Apr 24 2024)
Last sale anchor
$1.22M
Apr 24 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
$145 / 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
$21,241
Tax year 2024
Assessed value
$1,588,815
Assessed 2024
Previous assessed
$1,588,815
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$866,418
Assessed improvement
$722,397
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
8,428 SF
Lot
0.56 ac (24,394 SF)
Zoning code
PI
APN
129-140-061-0
UPID
US09-1764093
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PI · Concord, CA
Zoning PI · permitted uses
PI · 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
$1.5M
INDUSTRIAL (GENERAL) Current
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
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Nesar Ahmad Abdiani
Individual
Mailing address
1920 CARZINO CT, CONCORD, CA 94521-1513
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
—
Nesar Ahmad Abdiani
Nesar Ahmad Abdiani
Intrafamily Transfer
related
—
Dec 28, 2021
—
Nesar A Abdiani
All Abdiani
Intrafamily Transfer
related
—
Sep 9, 2016
—
Nesar A Abdiani
Abdiani,ramzia
Quit Claim Deed
related
—
Sep 9, 2016
$1,220,000
Ali Abdiani
Robert L Elgaaen
Grant Deed
$854,000 · Bank Of America NA
Jul 19, 2011
—
Elgaaen R & J Family Trust
Elgaaen,robert L & Joanne E
Quit Claim Deed
related
—
Jun 13, 2001
$1,100,000
Robert L Elegaaen
Fry Trust
Grant Deed
$495,000 · Us Bank NA
Oct 31, 1997
$725,000
Fry Trust
Martin Trust
Grant Deed
$720,000 · Eldorado Bank
Jan 18, 1994
—
James,d Martin Trustee
Martin,james & D
Quit Claim Deed
related
—
Apr 27, 1988
$615,000
James Martin
Terra
Grant Deed
—
—
—
Robert L Elgaaen
—
Deed Of Trust
related
$675,000 · Circle 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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