$3,500,000 1866 Clayton Rd Concord, CA

MLS: 40804698   Type: Industrial   County: Contra Costa   City: Concord   Neighborhood: Concord   Zip: 94520     Stories: 2   Taxes: $32,286

Mortgage $16,432 /mo



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Great Owner/User Opportunity to this two building two story walk-up. The property has enjoyed remarkably low turnover including some original tenants 25+ yrs. The property benefits from below-market rents that create an opportunity to capture unrealized rental income. Tenants and their clients enjoy easy walk-up access, historically low vacancy rates. Walk to BART, easy freeway access to Hwy to 4, 242, and 680.

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Price History

11/29/2017 Listed $3,500,000

Age 25
Annual Actual Net Inc 148200
Cap Rate 4.23
Commercial Type Office Building
Energy Saving Feature None
Genrl Desc Of Prop 2 Walk Up Office Buildings
Listing Area Concord
Listing Status Active
Location Mid-Block
Misc. Burglar Alarm, Existing Lease, Fenced Yard
Present Use Offices
Status Active
Stories Two
Subdivision CONCORD
Utilities Electric, Hot Water, Hydrant(s), Master Meter, Public Sewer, Public Water
Zoning APO

Interior Features

Ceiling Height Under 12 Ft
Cooling Area A/C
Floors Linoleum, W/W Carpeting
Heating Electric

Exterior Features

Approx Lot Size Sq Ft 17888
Building Type Comm Ind For Sale
Exterior Wood Frame, Siding - Wood
Garage Private Lot, Other
Lot Size Area 0.9
Roof Tar and Gravel, Tile
Total # of Parking Spaces 49
Truck Door No Truck Door

Property Schools

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Gallery (23 photos)

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Property vs Zip Code Avg (94520)

Price 3.50M Avg 1.99M

Sqr Feet 17,888 Avg 10,014

Cost / Sqr Ft $196 Avg $199

Taxes $32,286 Avg $16,144

Acres 0.9 Avg 0.47

Visits 8 Avg 13

Days on Site 52 Avg 79

Walkscore® 91 Avg 64

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Listing Provided Courtesy Of: Carryl Keenan with American Realty.

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