2505 Devpar CtAntioch, CA 94509

  • Auto shops
  • 6,050 SF

Property Details for 2505 Devpar Ct

Year built
1974
Construction
CONCRETE
Lot size
0.49 AC
Property size (Sq ft)
6,050 SF
Property type
Auto shops
APN
068-300-004-6
APU
683000046

Description

This ±7,350 square foot warehouse, built in 1974, presents a compelling investment opportunity in Antioch, California. Located on a 0.49-acre lot, the property boasts six large grade-level loading doors, facilitating efficient loading and unloading operations. The building features a 16-18 foot ceiling height, providing ample vertical space for storage or specialized equipment. A front office area is equipped with HVAC for comfortable workspace. The property also includes a valuable industrial powder coating oven. The property is zoned C-2 Neighborhood/Community Commercial District, offering flexible usage options for either single or multi-tenant occupancy. Its strategic location in East Contra Costa County provides easy access to the San Francisco Bay Area and Central Valley. Nearby amenities include Antioch BART, ACE Hardware, PG&E, and the Contra Costa Sports Complex. The property's APN is 068-300-004-6. The net rentable square footage is 7,350 square feet. Further details regarding pricing and income are available upon request. This property is a rare find and is sure to attract significant interest.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,107,570
    6.5%
    $3,791,603
    7%
    $3,520,774
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,035,654
    Geo Method
    $2,176,824
  • Alternative Use

    Use
    Valuation
    Residential
    $3,198,359
    Hospitality
    $2,929,680
    Educational
    $2,437,459
    Medical
    $2,521,287
    Retail
    $3,791,603

Location Insight

City
Antioch
County
Contra Costa
State
California
Latitude
37.9985
Longitude
-121.79
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
$8,344
$325,257
$285,687
$610,944
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-
-
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