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Galindo St - Town Center II 3.1 Acres of Commercial Land Offered at $4,990,000 in Concord, CA 94520
INVESTMENT HIGHLIGHTS
- Proximity to Downtown Concord BART Station, Todos Santos Plaza, Class A Office, and Multifamily Residential
EXECUTIVE SUMMARY
The subject site is located in the commercial heart of Downtown Concord, where pedestrian-oriented Todos Santos Plaza serves as the historic jewel and shared gathering place for the City. The Plaza features year-round community programming, including weekly Music and Market concerts in the summer, and serves as an anchor for a local concentration of restaurants representing a wide range of cuisines.
No real estate commission or finder fee will be paid on this transaction by the City.
No real estate commission or finder fee will be paid on this transaction by the City.
PROPERTY FACTS
| Price | $4,990,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 3.10 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | DMX - Please read RFP for land use information and parameters for the proposal. | ||
| Price | $4,990,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.10 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | DMX - Please read RFP for land use information and parameters for the proposal. |
1 LOT AVAILABLE
Lot
| Price | $4,990,000 | Lot Size | 3.10 AC |
| Price Per AC | $1,609,677.42 |
| Price | $4,990,000 |
| Price Per AC | $1,609,677.42 |
| Lot Size | 3.10 AC |
3 acre, city owned project site.
DESCRIPTION
The developable area is 2.86 acres and does not include an approximately 10,253 square foot area that is required to be dedicated as part of the public right-of-way for the Galindo Street Multimodal Corridor, which is currently under design, and future sidewalk improvements along Concord Boulevard. The Property has frontage along three streets, with vehicular access currently only available from Clayton Road. Galindo Street, Clayton Road, and Concord Boulevard bound the site.
1 1
Walk Score®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 126-143-012-6 | Improvements Assessment | $0 |
| Land Assessment | $7,771,627 | Total Assessment | $7,771,627 |
PROPERTY TAXES
Parcel Number
126-143-012-6
Land Assessment
$7,771,627
Improvements Assessment
$0
Total Assessment
$7,771,627
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Galindo St - Town Center II
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