2520 Bates AveConcord, CA 94520

Property Details for 2520 Bates Ave

Year built

1989

Lot size

3.79 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

159-421-029-4

APU

1594210294

Description

This exceptional 61,630-square-foot warehouse in Concord, CA, offers a prime location with excellent Bates Avenue frontage. Built in 2025, this single-tenant industrial property features a single-story building with a 24-foot minimum ceiling clearance. The space is divisible into approximately 15,407, 30,815, and 46,222 square-foot suites, providing flexibility for various business needs. The property boasts eight dock-high doors and eight grade-level doors (12 feet by 14 feet each), ensuring efficient loading and unloading. Ample parking is available with a total of 30 spaces. Additional features include a concrete staging area and driveway, a complete ESFR sprinkler system, and skylights for natural light. Prominent signage opportunities are available on Bates Avenue. The building offers 3600 amps of 277/480v, 3-phase electrical service. A secure truck yard and a fresh, never-used area are also included. Building services, property taxes, and utilities are not included in the lease cost. Located in Contra Costa County, this warehouse is in excellent condition and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $83,784,928

  6.5%

  $77,339,936

  7%

  $71,815,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,654,696

  Geo Method

  $116,035,440

• Alternative Use

  Use

  Valuation

  Residential

  $65,239,128

  Hospitality

  $59,758,692

  Educational

  $49,718,528

  Medical

  $51,428,428

  Retail

  $77,339,936

Location Insight

City

Concord

County

Contra Costa

State

California

Latitude

38.0139

Longitude

-122.029

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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