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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Retail space
1387 Locust St Walnut Creek, CA 94596-4511
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1842967
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Construction
WOOD FRAME
Total area
7,188 SF
Lot
0.19 ac (8,450 SF)
APN
178-160-001-8
UPID
US09-1842967
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
Current use
Occupant on record · Public records
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Jkgst Property Holding LLC · 3 yrs held
Jkgst Property Holding LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Walnut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walnut Creek submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$194 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,854
Tax year 2024
Assessed value
$1,787,522
Assessed 2024
Previous assessed
$1,787,522
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$821,858
Assessed improvement
$965,664
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1942
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Rooms
2
Total area
7,188 SF
Lot
0.19 ac (8,450 SF)
APN
178-160-001-8
UPID
US09-1842967
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1942
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jkgst Property Holding LLC
Entity
Mailing address
1357 N MAIN ST STE C, WALNUT CREEK, CA 94596-4676
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
—
Jkgst Property Holding LLC
Garo Keadjian
Grant Deed
—
Aug 13, 2021
—
The Gst 1387 Locust Street LLC
Garo Keadjian
Grant Deed
—
Dec 29, 2020
—
Michael,keadjian Gst Exe Trust
Keadjian 1986 Family Trust
Quit Claim Deed
—
Oct 2, 2013
—
1387 Locust Street LLC
Keadjian Living Trust
Quit Claim Deed
—
Dec 31, 2012
—
Keadjian Michael Trust
Keadjian Living Trust
Quit Claim Deed
related
—
Mar 21, 2000
—
Keadjian Trust
Pensco Pension Services INC
Grant Deed
related
—
May 8, 1997
$1,100,000
Keadjian Ira Garo
Cabrita Trust
Grant Deed
—
—
—
Keadjain Ira Garo
—
Deed Of Trust
related
$765,000 · Mechanics Bank
—
—
Cabrita Family T
—
Deed Of Trust
related
$300,000 · Summit Savings Bank
—
—
Cabrita Family T
—
Deed Of Trust
related
$390,000 · Summit Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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