2325 Clayton RdConcord, CA 94520

Property Details for 2325 Clayton Rd

Year built

1989

Lot size

0.50 AC

Property size (Sq ft)

24,579 SF

Zone code

DB

Property type

Apartment buildings

APN

126-104-008-1

APU

1261040081

Description

This exceptional .49-acre parcel at 2325 Clayton Road in Concord, CA, presents a compelling investment opportunity. Located in the heart of downtown Concord, this fee-simple property boasts a Downtown Mixed Use (DMX) zoning designation, allowing for a diverse range of commercial, mixed-use, and residential developments. The permitted Floor Area Ratio (FAR) is up to 6.0, with a maximum building height of 200 feet, and a current maximum density of 100 units per acre. However, the City's Economic Development Manager has expressed a strong interest in redevelopment and potential flexibility within zoning guidelines, particularly for projects that increase housing units in the area. This site's strategic location directly across from the Concord BART station significantly reduces parking requirements for any development. The surrounding area features high-rise office buildings, retail establishments, and is within walking distance of Todos Santos Plaza, offering numerous dining and entertainment options. Proximity to John Muir Medical Center, high schools, and the shopping along Willow Pass Road further enhances its appeal. Concord, the largest city in Contra Costa County and the eighth largest in the Bay Area, boasts a population exceeding 125,000 and continues to experience growth. Its convenient location—30 miles east of San Francisco, 54 miles from San Jose, 68 miles from Sacramento, and 42 miles from Napa Valley—provides easy access to major employment and entertainment centers in Northern California. This uniquely situated parcel offers developers a multitude of options, including high-density residential projects within a thriving East Bay community. The asking price is $4,000,000. The property's zip code is 94520.

• CAP approach

  CAP return

  Valuation

  6%

  $10,553,256

  6.5%

  $9,741,467

  7%

  $9,045,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,881,762

  Geo Method

  $10,625,760

• Alternative Use

  Use

  Valuation

  Residential

  $9,741,467

  Hospitality

  $8,923,131

  Educational

  $7,423,940

  Medical

  $7,679,262

  Retail

  $11,548,352

Location Insight

City

Concord

County

Contra Costa

State

California

Latitude

37.976

Longitude

-122.029

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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