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Property profile & analytics
FOR SALE
Office buildings

1200 Montego Walnut Creek, CA 94598

32,441 SF 1.41 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-2994327
Property summary
AI-generated overview

Located at 1200 Montego in Walnut Creek, CA 94598, this Class B office complex, Montego Ridge, offers 31,258 square feet of executive office space. The property, built in 1980, sits on a 1.409-acre lot and is zoned PD888 with an O-C Overlay (Office, Medical), allowing for diverse uses. Multiple suites are available, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 31,258 square feet. The property boasts ample parking, with approximately 3 parking spaces per 1,000 square feet, plus an additional approximately 150 unmetered street stalls. Electrical service includes 208/120V 3-phase power. The complex is conveniently located near Ygnacio Valley Rd in Contra Costa County (APN: 140-260-031). The ownership is open to selling all or part of the property to owner-users and developers. Beyond standard office and medical office uses, conditionally approved uses include assisted living/residential care, schools, and churches. This presents a unique opportunity for businesses seeking a prominent location in Walnut Creek. The property is currently listed for sale or lease.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 32,441 SF
Lot 1.41 ac (61,550 SF)
APN 140-260-031-4
UPID US09-2994327
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
AI Approach AI
$10.46M
CAP Approach CAP
$9.63M
Comparable Approach Comparable
$12.94M
Blend (final) Blend
$14.33M
Owner & transaction history
Henghou Investment Holding INC · 4 yrs held
Henghou Investment Holding INC
since 2021
Last sale
$20.0M
1 recorded transaction
2021
$20.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $17.5M +24.3%
Apartment house (5+ units) $14.7M +4.6%
Restaurant $14.2M +1.0%
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