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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1000 Harvey Dr Walnut Creek, CA 94597-3285

    • Apartment buildings
    • 254,940 SF
    • 1.61 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5198620
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tutu School Walnut Creek / Theater & Performing Art Venue / Vocational School
    • Garage Door Repair and Rescue INC / Building Supply / General Contractor
    • CPR Classes by Wellspring Health Academy / Training Center / Vocational School

    Property Details for 1000 Harvey Dr

    Year built
    2018
    Lot size
    1.61 lot acres
    Property size
    254,940 SF
    Zone code
    P-1
    Property type
    Apartment buildings
    APN
    148-221-040-6
    APU
    1482210406

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $67,545,000
      6.5%
      $62,350,000
      7%
      $57,895,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $92,595,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.055
    Latitude
    37.9284
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,592,938
    $19,071,671
    $107,084,311
    $126,155,982
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $2,530,000
      13,656 SF

      1862 Camino Verde

      APARTMENT HOUSE (5+ UNITS) • 13,656 SF
      1862 Camino Verde, Walnut Creek, CA 94597-2203
      View Details
    • Value Estimation
      $1,940,000
      17,136 SF

      1800 Camino Verde, Unit A

      APARTMENT HOUSE (5+ UNITS) • 17,136 SF
      1800 Camino Verde, Walnut Creek, CA 94597-2260
      View Details
    • Value Estimation
      $9,780,000
      47,102 SF

      1301 Las Juntas Way

      APARTMENT HOUSE (5+ UNITS) • 47,102 SF
      1301 Las Juntas Way, Walnut Creek, CA 94597-3632
      View Details
    • Value Estimation by Request
      61,592 SF

      500 Civic Dr, Unit 542

      APARTMENT HOUSE (5+ UNITS) • 61,592 SF
      500 Civic Dr, Walnut Creek, CA 94597-3244
      View Details
    • Value Estimation
      $890,000
      4,968 SF

      2323 San Juan Ave

      APARTMENT HOUSE (5+ UNITS) • 4,968 SF
      2323 San Juan Ave, Walnut Creek, CA 94597-3078
      View Details
    • Value Estimation
      $545,000
      3,661 SF

      1960 3rd Ave

      APARTMENT HOUSE (5+ UNITS) • 3,661 SF
      1960 3rd Ave, Walnut Creek, CA 94597-2515
      View Details

    Similar Nearby for Sale

    • $625,000
      Pending

      Ashford Court Condo with Upgrades

      Two-story condo with modern amenities and convenient location.
      2582 Oak Rd, Walnut Creek, CA 94597
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    • Contact for pricing

      Hospitality Property with 155 Rooms

      Three/four-story hotel with 155 guest rooms and supportive amenities.
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      3,891 SF

      Walnut Creek Office Space Available

      Office space for rent with easy access to amenities.
      2890 N Main St, Walnut Creek, CA 94597
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      8,658 SF

      Retail Property in Walnut Creek

      Retail property available for sale in Walnut Creek, CA.
      2818 N Main St, Walnut Creek, CA 94597
      View Details
    • New
      $595,000
      1.83 Acres

      Walnut Creek Land Opportunity

      1.83-acre parcel near Walnut Creek Plaza, ideal for custom residence.
      40 Rodrigues Ln, Walnut Creek, CA 94597
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    • $4,300,000
      15,908 SF

      New Class A Office Space

      Brand new office space with ideal layout available for rent.
      1485 Treat Blvd, Walnut Creek, CA 94597
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    Similar Nearby for Lease

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      Treat Boulevard

      Discover many ways to work your way in Treat Boulevard
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      Class A Office Space

      Class A office space near Pleasant Hill BART station.
      3000 Oak Rd, Walnut Creek, CA 94597
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      Pacific Plaza Office Space Available

      Next-generation office space in Walnut Creek's Pacific Plaza.
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      10,818 SF

      Class A Office Space

      Five-story office building near BART station and amenities.
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      View Details
    • Contact for pricing

      Vacant Land Ground Lease Opportunity

      Vacant land available for ground lease near Palos Verdes Mall.
      1500 Palos Verdes Mall, Walnut Creek, CA 94597
      View Details
    • Contact for pricing

      Walnut Creek Neighborhood Shopping Center

      Established shopping center in Walnut Creek, California.
      1600 Palos Verdes Mall, Walnut Creek, CA 94597
      View Details
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    1000 Harvey Dr
    Walnut Creek, CA 94597-3285
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    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
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