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    1500-1530 Main St Walnut Creek, CA 94596

    For Sale
    $3,350,000

    Prime Walnut Creek location, high traffic, 6,056 SF.

    Property size:
    6,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use investment opportunity in Walnut Creek, California, presents two buildings totaling 6,056 square feet on a 11-space parking lot. Situated at the highly visible, signalized corner of South Main Street and Lilac Drive, this property enjoys exceptional visibility and accessibility. The location benefits from its proximity to Las Lomas High School (with over 2,500 students and 100+ staff), Kaiser Permanente (Walnut Creek's largest employer), and a well-balanced mix of residential and commercial development, ensuring consistent daytime and nighttime traffic. The property boasts a quiet, park-like setting backing onto San Ramon Creek. Zoned C-R (Central Retail), this versatile property offers flexible usage options for storefront and creative office spaces. Convenient access to I-680 and CA-24 freeways further enhances its appeal. With over 18,000 vehicles passing daily on South Main Street, this property offers significant exposure and potential. The asking price is $3,350,000, representing a 5.60% cap rate and a price per square foot of $626. This is a NNN lease, multi-tenancy property.

    Property Features for 1500-1530 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,056 SF

    Building Details

    Buildings
    2
    Stories
    2

    HighLights

    • $3,350,000 asking price for a 6,056 SF mixed‑use property.
    • Two buildings, two stories, with 11 parking spaces.
    • Located at the signalized corner of S. Main St. and Lilac Dr., Walnut Creek, CA, near Las Lomas High School and Kaiser Permanente.
    • C‑R (Central Retail) zoning allows for flexible use.
    • High traffic count (18,000+ cars daily) on S. Main St.
    • NNN lease, multi‑tenant, owner‑user opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.0572661
    Latitude
    37.8902852

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    FAQs

    What type of property is this?
    Individual retail property - Prime Walnut Creek location, high traffic, 6,056 SF.
    Where is this individual retail property located?
    The property is located at 1500-1530 Main St Walnut Creek, CA.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: $3,350,000 asking price for a 6,056 SF mixed-use property.; Two buildings, two stories, with 11 parking spaces.; Located at the signalized corner of S. Main St. and Lilac Dr., Walnut Creek, CA, near Las Lomas High School and Kaiser Permanente.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500-1530 Main St Walnut Creek, CA 94596
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