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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Retail space
1414 Main St Walnut Creek, CA 94596-4668
Entity Owned
~
Est. High Equity
Property ID
US09-2598595
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1895
Construction
BRICK
Total area
2,962 SF
Lot
0.08 ac (3,630 SF)
APN
178-250-044-9
UPID
US09-2598595
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
-
Lottie's Creamery Grocery & Convenience Store Specialty Food Shop
-
Board & Brush Creative Studio - Walnut Creek Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Miravella LLC
Miravella LLC
since 2025
Last sale
$1.0M
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
Method
Estimation
Statistic approach
$755,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,510,000
Current use
OFFICE BUILDING
$1,280,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $1.00M (Dec 29 2025)
Last sale anchor
$1.00M
Dec 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$317 / 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
$18,703
Tax year 2024
Assessed value
$1,255,689
Assessed 2024
Previous assessed
$1,255,689
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$347,157
Assessed improvement
$908,532
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
1895
Construction
BRICK
Heating
NONE
Stories
1
Units
3
Rooms
3
Total area
2,962 SF
Lot
0.08 ac (3,630 SF)
APN
178-250-044-9
UPID
US09-2598595
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1895
Construction
BRICK
Heating
NONE
Stories
1
Units
3
Rooms
3
Lot
0.08 ac
Current owner
From public records · entity-resolved
Miravella LLC
Entity
Mailing address
1412 N MAIN ST, WALNUT CREEK, CA 94596-4605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$1,000,000
Miravella LLC
Allen A Dadafarin
Grant Deed
$1,150,000 · Bay Commercial Bank
Dec 29, 2025
—
Miravella LLC
Mustafa Abughaben
Grant Deed
—
Aug 17, 2021
—
Abu Ghaben Mustafa
Kobra Afsaneh Dadafarin
Intrafamily Transfer
related
—
Nov 20, 2014
—
Allen A Dadafarin
Kobra Afsaneh Dadafarin
Intrafamily Transfer
related
$640,000 · Wells Fargo Bank NA
Apr 29, 2005
—
Afsaneh Dadafarin
Afsaneh Dadafarin
Intrafamily Transfer
related
$780,000 · Washington Mutual Bank
Nov 15, 2000
$850,000
Afsaneh K Dadafarian
Cole,samuel D
Grant Deed
$595,000 · Wells Fargo Bank
Oct 28, 1991
$665,000
Samuel Cole
Yuen,g.&a.
Grant Deed
—
Oct 2, 1991
$146,500
Gilbert Yuen
Tai,w.&i.
Grant Deed
related
—
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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