2321 Stanwell DrConcord, CA 94520

Property Details for 2321 Stanwell Dr

Year built

1976

Construction

CONCRETE

Lot size

0.48 AC

Property size (Sq ft)

8,528 SF

Zone code

LI

Property type

Office properties

Property subtype

Office buildings

APN

112-251-003-3

APU

1122510033

Description

This exceptional 8,593-square-foot industrial property, located at 2321 Stanwell Drive in Concord, California, presents a unique opportunity. Situated on a 0.48-acre lot in Contra Costa County (zip code 94520), this single-tenant building offers a versatile space suitable for various uses, including flex, traditional office, warehouse, manufacturing, and R&D. Built in 1978, the one-story structure boasts a 10-foot ceiling height, providing ample vertical space. The property includes 25 total parking spaces, convenient for employees and clients. Power is supplied by a robust 600-amp, three-phase electrical service (120v-208v). A significant portion of the space comprises conditioned warehouse space, approximately 3,562 square feet, featuring a grade-level warehouse door (installation available if needed). The property benefits from low net-net-net (NNN) expenses and enjoys a prime location near major transportation arteries, including CA-4, CA-242, and I-680, as well as convenient access to retail amenities. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $2,949,294

  6.5%

  $2,722,425

  7%

  $2,527,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,434,351

  Geo Method

  $2,378,544

• Alternative Use

  Use

  Valuation

  Residential

  $3,375,807

  Hospitality

  $3,092,221

  Educational

  $2,572,692

  Medical

  $2,661,170

  Retail

  $4,001,965

Location Insight

City

Concord

County

Contra Costa

State

California

Latitude

37.9813

Longitude

-122.05

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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