Current Use by Public Records
- Office Spaces
Property Details for 1200-1350 Montego
- Year built
- 1980
- Lot size
- 5.52 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional investment opportunity presents three medical office buildings totaling 122,821 square feet situated on a 5.52-acre lot in Walnut Creek, California. The complex, known as Montego Ridge, comprises three separate buildings located at 1200, 1250, and 1350 Montego Way, each on its own parcel. Building sizes are approximately 31,258 square feet, 24,923 square feet, and 66,640 square feet respectively. Constructed in 1980, the property offers ample parking with 338 designated on-site spaces, supplemented by 37 unmetered street spaces and an additional 16 spaces across the street. The asking price is $30,000,000, translating to a price per square foot of $244.26. This property's location adjacent to John Muir Hospital presents a unique investment or redevelopment opportunity in a highly desirable medical corridor within Contra Costa County, zip code 94598. The property's strategic location and substantial size make it an attractive prospect for investors and developers seeking a significant presence in the thriving Walnut Creek healthcare market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut Creek
- County
- Contra Costa
- State
- California
- Longitude
- -122.049
- Latitude
- 37.9091
