Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1276 California Blvd Walnut Creek, CA 94596
    Back to Search
    Property profile & analytics

    1276 California Blvd, Walnut Creek, CA 94596

    View on Map
    • Retail properties & Spaces
    • 10,015 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1276 California Blvd

    Year built
    2002
    Property type
    Retail properties & Spaces

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.062
    Latitude
    37.8949

    Comparable in this City

    • Value Estimation by Request
      4,252 SF

      2005 Mt. Diablo Blvd

      Individual retail properties
      2005 Mt. Diablo Blvd, Walnut Creek, CA 94596
      View Details
    • Value Estimation by Request
      153,565 SF

      1100-1181 Locust St

      Retail properties & Spaces
      1100-1181 Locust St, Walnut Creek, CA 94596
      View Details
    • Value Estimation by Request
      15,260 SF

      1375 Locust St

      Office Spaces
      1375 Locust St, Walnut Creek, CA 94596
      View Details
    • Value Estimation by Request
      5,811 SF

      1525-1529 Cypress St

      Office Spaces
      1525-1529 Cypress St, Walnut Creek, CA 94596
      View Details
    • Value Estimation by Request
      6,056 SF

      1500-1530 Main St

      Individual retail properties
      1500-1530 Main St, Walnut Creek, CA 94596
      View Details
    • Value Estimation by Request
      1,540 SF

      1500-1530 Main St

      Office Spaces
      1500-1530 Main St, Walnut Creek, CA 94596
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,811 SF

      Mixed-Use Building in Walnut Creek

      Two-story building with retail and office space for sale.
      1525-1529 Cypress St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      20,198 SF

      Fully Leased Retail/Office Building

      Two-story, 20,198 SF retail/office building in Walnut Creek, CA.
      2099 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing

      Walnut Creek Office Buildings For Sale

      Office buildings near Walnut Creek BART station with freeway access.
      1766 Lacassie Ave, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      4,143 SF

      Walnut Creek Office Space Available

      Office space across from Walnut Creek BART station for rent.
      255 Ygnacio Valley Rd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing

      Prime Walnut Creek Development Opportunity

      0.72-acre land in Downtown Walnut Creek, zoned for mixed-use development.
      1700 N Broadway, Walnut Creek, CA 94596
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      9,636 SF

      Walnut Creek Restaurant Space Available

      Prime Walnut Creek Retail, Restaurant Space
      1601 Main St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing

      Retail Space in Walnut Creek

      Retail properties available for lease in Walnut Creek, California.
      1601-1697 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing

      Retail Space Near Target

      Ground floor retail space across from Target in Walnut Creek.
      1910 N Main St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      1,866 SF

      Retail Space in Walnut Creek

      Retail space available for lease in Walnut Creek, CA.
      1273 Locust St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      2,654 SF

      Downtown Walnut Creek Retail Space

      Retail space in prime downtown Walnut Creek location.
      1646 North California Blvd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      7,000 SF

      Prime Retail Space Available

      Retail space with excellent visibility, access, and parking.
      1301-1330 S California Blvd, Walnut Creek, CA 94596
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1276 California Blvd
    Walnut Creek, CA 94596
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1276 California Blvd, Walnut Creek, CA, 94596
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!