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Property profile & analytics
OFF-MARKET
Estimated value
$11,060,000
Retail space
1510 2nd Ave Walnut Creek, CA 94597-2623
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2798990
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Total area
1,742 SF
Lot
0.77 ac (33,454 SF)
APN
171-092-023-0
UPID
US09-2798990
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
-
Court Builders of America Construction Company
-
Backyard Fantasies Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.08M
CAP Approach
CAP
$8.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.06M
Owner & transaction history
Fj Wc Rp LLC
Fj Wc Rp LLC
since 2026
Last sale
$12.5M
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
$11,660,000
ML approach
$10,080,000
CAP Approach
CAP Return
Estimation
6%
$9,265,000
6.5%
$8,555,000
7%
$7,940,000
Blend value · Realmo final
$11.06M
Range $9.95M – $12.17M · ±10% · vs last sale $12.50M (Aug 15 2023)
Last sale anchor
$12.50M
Aug 15 2023
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
$6,349 / 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
$22,011
Tax year 2024
Assessed value
$1,885,000
Assessed 2024
Previous assessed
$1,885,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,880,000
Assessed improvement
$5,000
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
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
1,742 SF
Lot
0.77 ac (33,454 SF)
APN
171-092-023-0
UPID
US09-2798990
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
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Fj Wc Rp LLC
Entity
Mailing address
135 E SIR FRANCIS DRAKE BLVD, LARKSPUR, CA 94939-1860
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 19, 2026
—
Fj Wc Rp LLC
Fj Wc Rp LLC
Grant Deed
related
—
Aug 15, 2023
$12,500,000
Walnut Creek 2721 LLC
Lacey Town Center LLC
Grant Deed
$10,625,000 · Toyota Motor Credit Corp
Dec 15, 2022
—
Lacey Town Center LLC
—
Deed
related
$1,267,500 · The Richard Joseph Clancy And Clara Evan
Aug 30, 2017
—
Lacey Town Center LLC
—
Deed
related
$1,500,000 · Farmers & Merchants Bk/ctrl Ca
Mar 27, 2015
—
Lacey Town Center LLC
Lacey Town Center LLC
Quit Claim Deed
related
$1,500,000 · Farmers & Merchants Bk/ctrl Ca
Jul 1, 2004
—
Richard K Hiland
Kelleway,tr
Grant Deed
related
$1,800,000 · United Commercial Bank
Mar 27, 1972
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Lacey Town Center LLC
—
Loan Modification
related
$1,500,000 · Farmers & Merchants Bk/ctrl Ca
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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