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Property profile & analytics
OFF-MARKET
Office Spaces

1200-1350 Montego Walnut Creek, CA 94598

122,821 SF 5.52 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1980
Total area 122,821 SF
Lot 5.52 ac (240,451 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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