Technical
Financial
Distress signals
Property profile

1211 Newell Ave Walnut Creek, CA 94596

OFF-MARKET
Parking lots & garages
Property ID
US09-2600939
0.59 ac lot Built 1974
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Newell Plaza, located at 1211 Newell Ave, Walnut Creek, CA 94596, offers exceptional executive office space in Contra Costa County. This 27,166 square foot building, constructed in 1975, features multiple tenancies and is situated on a 1.379-acre lot. Currently, there are 6,684 square feet of vacant space available, divisible into units as small as 1,584 square feet, with a maximum contiguous space of 5,100 square feet. The property provides ample parking with a ratio of 3.4 spaces per 1,000 square feet. The building's professional and executive office subtype makes it ideal for a variety of businesses. Its convenient location in Walnut Creek, near the cross street of El Mirador, offers easy access to local amenities and transportation. The property presents a unique opportunity for businesses seeking high-quality office space in a desirable location. The available space is adaptable to various business needs, offering flexibility for companies of different sizes. This prime location in Walnut Creek, combined with the building's features, makes Newell Plaza an attractive option for businesses seeking a prestigious and functional workspace. Interested parties should inquire about the available space and lease terms.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1974
Lot 0.59 ac (25,700 SF)
APN 183-260-020-7
UPID US09-2600939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • Law Firm
  • Law Firm
  • Mediation Service Law Firm
  • Law Firm

Location

1211 Newell Ave Walnut Creek, CA 94596-5238
Walnut Creek metro Census 343001 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2014
5 recorded transactions
2019
Price N/A
2014
$7.8M
1988
$2.9M
1982
$259,000
1974
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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