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2930 Clayton Rd 1,800 SF Retail Building Concord, CA 94519 $999,000 ($555/SF) 4.05% Cap Rate
Investment Highlights
- Heavy daytime frontage traffic
- Mixed use; opportune zoning
- 2 buildings one lot
Executive Summary
Concord Mixed Use zone retail/salon space on Clayton Rd downtown area with a 1,080 square foot ADU on rear of lot. Possible dual stream on one parcel. The zoning is only for a few location in Concord and it allows a business to be put in without getting approval from city. Fast track getting tenants business or your business running. This property is a great candidate for the SBA 504 loan, with the second building you could run your business and have a second business pay the mortgage with their rent. Very high foot traffic and neighborhood traffic as Clayton is a major artery for all of Concord and Clayton Traffic to the freeway, Bart and through town. Owner will leave both units vacant upon closing. Any buyer to verify this with a lender, also verify square footage.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built
1942
Price
$999,000
Price Per SF
$555
Cap Rate
4.05%
NOI
$40,482
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.12 AC
Zoning
CMU
Amenities
- 24 Hour Access
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 105-014-018-3 | Improvements Assessment | $134,206 |
| Land Assessment | $296,848 | Total Assessment | $431,054 |
Property Taxes
Parcel Number
105-014-018-3
Land Assessment
$296,848
Improvements Assessment
$134,206
Total Assessment
$431,054
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2930 Clayton Rd