I was able to film a video tour of my listing at 1780 Monument Blvd in Concord, CA.
The property is 4,180 Sq. ft. and includes lifts for multiple cars. The shop repairs mufflers and is one of the only radiator repair shops in the East Bay Area.
Price: $1,500,000
Address: 1780 Monument Blvd
City: Concord
State: CA
ZIP: 94520
MLS #: 40895930
Square Feet: ±4,180
New Price – $1,500,000!
The owners of 1780 Monument Blvd have asked us to do a significant price reduction. We are lowering the asking price by $150,000 to $1,500,000.
This exceptional property boasted a traffic count of close to 30,000 cars per day (prior to Covid-19). It is a unique opportunity to own an automotive property in primarily a retail area.
It also allows for access from both directions on Monument Blvd with a left turn lane in front of it.
Call Peter today to discuss at 925-385-8798.
Video Tour of 729 Fulton Shipyard Rd, Antioch, CA
Here is a video tour of our listing at 729 Fulton Shipyard Rd in Antioch, CA.
The light industrial space boasts ±2,500 sf of warehouse & office space. We are asking $2,200/mo.
Wishing that you and your loved ones have a blessed and healthy weekend. Hopefully you will find a way to be physically distant but socially engaged over the holiday weekend.
I have included a few items below to brighten your day or week. My current real estate listings and some art from my daughter.
These days there seems to be a shortage of good news in the world today. But here is why I am cautiously optimistic these days.
CNN and other news sources are reporting that one of the influential models tracking the coronavirus pandemic has revised the total deaths number down.
The numbers for California have improved with peak utilization of hospital resources occurring on April 13 and without an overload of hospital resources.
This doesn’t mean that we can stop being vigilant with our handwashing and stop following CDC guidelines.
I received notice that I will be getting a discount on my auto insurance due to the reduced driving. The EastBayTimes.com is reporting this is occurring with a number of carriers and lists some of the programs offered.
John Krasinski (of The Office and Jack Ryan) has uploaded two episodes of Some Good News. In the videos he highlights good news from around the web. In the first episode he interviews The Office costar Steve Carell. In the latest installment he surprises a young girl with a Zoom call.
Zoom Surprise: Some Good News with John Krasinski Ep. 2
Maria came home from Sunday School on Palm Sunday and told her mother that she had learned a new song about a cross-eyed bear named Gladly.
It took her mother a while before she realized that the hymn Maria had been singing was really: “Gladly The Cross I’d Bear.”
Why We Call the Worst Friday ‘Good’
“It was the single most horrible day in the history of the world.
No incident has ever been more tragic, and no future event will ever match it.”
And as they were frightened and bowed their faces to the ground, the men said to them, “Why do you seek the living among the dead? He is not here, but has risen.”
Luke 24:5-6
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This high visibility location along Monument Boulevard in Concord, CA is zoned Commercial Mixed-Use (CMX) by the City of Concord allowing a variety of retail and service uses. Learn More…
This open and bright space is ideal for the cabinet maker, the contractor, the plumber, the carpet installer, or other trade. The space contains a small office, a private restroom, and mezzanine space. Keep Reading
±16,885 Sq. Ft. of beautiful, bright R&D space. Warehouse and office space. Two roll up doors. Find Out More
$50,000 Price Reduction
The owner of 3105 Lone Tree Way in Antioch has decided to drop the price by $50,000 to $875,000. This is despite investing in a new paint job on the exterior of the building.
This office or medical building is highly visible from Lone Tree Way being located on the corner of Lone Tree and Walton Lane. The building sits on a large lot with parking.
There is one vacant space in the building that would allow an owner-user to occupy the building immediately, with possible room for expansion.
Call Peter today at 925.385.8798 to discuss seeing the property.
Innovators, disruptors, and productivity enhancers: technology is persistently creeping into the real estate market. In the last 20 years, technology has transformed our nation’s economy, providing innumerable opportunities as well as some threats to real estate brokers.
For this reason, brokers must adapt with the emerging technology if they want to stay in business. The commercial market is perhaps slower than the residential market to adopt new tech, but nonetheless, successful brokers don’t waste time on outdated strategies.
Mobile Search – Across all markets, 58% of property buyers start their search on a mobile device. This carries huge implications for online marketing, as it demands simplicity and mobile-responsive web designs. This may also affect the agent-facing documents (i.e. MLS and other information resources), as virtually all real estate agents rely on their smartphone for quick access to property data.
Automation – With familiar software such as DocuSign, brokers, agents, and property managers are able to streamline workflow by automating many processes. New websites and applications are emerging every year, each offering a solution to one of the many time-consuming tasks Realtors face.
CBInsights mapped over 100 of these new rising companies in real estate tech, shown by the graphic below.
Chatbots – Responsive AI technology designed to answer user’s questions via direct message are becoming increasingly useful for large brokerages. Applications of chatbot technology could include answering frequently asked questions or providing clients with property information while you’re out of the office. This may not seem like a game-changing technology, but the application of AI to database searches has huge potential.
Big Data – Real estate companies have access to large amounts of information, and data aggregate technology could use historical data to make market predictions and save companies from making costly decisions, according to the CREtech article. This tech is particularly valuable to large brokerages with high turnover, and may be of use to economists studying the market at large.
Disruptors have also taken hold in the real estate market, with companies such as Redfin and Zillow luring sellers into listing without an agent or with a partial-service agent. These companies have been around for nearly 15 years, and although they boast a combined 42 million unique users every month, neither company has shown they are a true disruptor to the industry.
Redfin continues to occupy less than 1% of the market share (0.83% as of 2019Q1), while Zillow appears to be providing more leads than threats to both lenders and real estate agents. Both giants are still major national players, but most clients still opt to trust full-service brokers to sell their homes.
Julian Hebron from Housingwire.com puts it this way: “The only threat to lenders and Realtors is ignoring Zillow.”
Whether you’re up on the latest property management app or just now using e-signatures for the first time, technology integration is inevitable if you’re to remain competitive in the real estate market.
As of now, it looks like the leading disruptors have yet to become major threats, as long as real estate brokers continue to provide quality, personalized service to their clients.
Take another look at the market map above, or keep an eye on these 20 up-and-coming PropTech companies to stay informed–and possibly leverage these technologies for your business.
Wondering how you could enhance your business or transaction process? Unsure about what’s next for your investment? Reach out to Peter Maclennan by phone at 925-385-8798 or email at peter@maclennaninvestments.com for a consultation.
