2295 Willow Pass RdConcord, CA 94520

Property Details for 2295 Willow Pass Rd

Year built

1950

Lot size

0.38 AC

Property size (Sq ft)

10,885 SF

Zone code

DB

Property type

Retail properties

Property subtype

Retail space

APN

126-073-015-3

APU

1260730153

Description

This exceptional 10,885-square-foot retail storefront building, located at 2295 Willow Pass Road in Concord, California, presents a unique investment opportunity. The single-story Class B building, constructed in 1992, sits on a 16,570-square-foot lot (APN 1260730153) and is zoned for Downtown Pedestrian (DP) use. Previously occupied by Qzar for 30 years, the property is now vacant and ready for immediate occupancy. The building features five individual units, ideal for a variety of retail tenants or a single user. Its design incorporates extensive glass frontage and ample space for building signage, ensuring high visibility. Strategically located just one block from Todos Santos Square, the vibrant heart of downtown Concord, this property benefits from exceptional foot traffic and convenient access. The asking price is $3,300,000. This is a rare chance to acquire a well-situated, single-story retail building in a thriving downtown area. The net rentable area is 10,885 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $5,538,268

  6.5%

  $5,112,248

  7%

  $4,747,087

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,833,310

  Geo Method

  $7,650,557

• Alternative Use

  Use

  Valuation

  Residential

  $4,312,372

  Hospitality

  $3,950,110

  Educational

  $3,286,445

  Medical

  $3,399,471

  Retail

  $5,112,248

Location Insight

City

Concord

County

Contra Costa

State

California

Latitude

37.9777

Longitude

-122.032

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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