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Property profile & analytics
OFF-MARKET
Office buildings

1250 Montego Walnut Creek, CA 94598-2820

24,751 SF 1.01 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-3858666
Property summary
AI-generated overview

Montego Ridge, a three-building office complex in Walnut Creek, CA (94598), totaling 24,922 square feet, is available for sale or lease. This exceptional property, situated on a 1.01-acre lot at 1250 Montego, near Ygnacio Valley Rd, offers flexible space options ranging from a minimum of 20,000 contiguous square feet up to the entire 24,923 square feet. Currently, 40,000 square feet is vacant, presenting a significant opportunity for businesses seeking immediate occupancy. Built in 1980, the property features 208/120V 3-phase power and is zoned PD888 with an O-C Overlay (Office, Medical), allowing for diverse uses. The property is ideal for both executive office and medical office tenants. The seller will consider selling all or part of the project to owner-users and developers. Conditional approvals exist for assisted living/residential care, schools, and churches, expanding potential development opportunities. The property's APN is 140-260-032, located in Contra Costa County. This is a rare opportunity to acquire a substantial and versatile commercial property in a highly desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 24,751 SF
Lot 1.01 ac (44,126 SF)
APN 140-260-032-2
UPID US09-3858666
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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Comparable Approach Comparable
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Blend (final) Blend
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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
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