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Property profile & analytics
OFF-MARKET
Estimated value
$8,480,000
Retail space
1510 Geary Rd Walnut Creek, CA 94597-2707
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3791546
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Total area
25,472 SF
Lot
1.93 ac (84,071 SF)
APN
170-280-040-8
UPID
US09-3791546
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
AI Approach
AI
by Request
CAP Approach
CAP
$10.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.48M
Owner & transaction history
Aat Geary Marketplace LLC · 13 yrs held
Aat Geary Marketplace LLC
since 2012
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,855,000
6.5%
$10,020,000
7%
$9,305,000
Alternative Use
Use
Estimation
RETAIL STORES
$13,705,000
Current use
APARTMENT HOUSE (5+ UNITS)
$11,540,000
Change: -16% · Conversion: Difficult
RESTAURANT
$11,140,000
Change: -19% · Conversion: Easy
OFFICE BUILDING
$11,030,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$8.48M
Range $7.63M – $9.33M · ±10%
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
$333 / 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
$172,061
Tax year 2024
Assessed value
$15,100,000
Assessed 2024
Previous assessed
$15,100,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,900,000
Assessed improvement
$10,200,000
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
2012
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
25,472 SF
Lot
1.93 ac (84,071 SF)
APN
170-280-040-8
UPID
US09-3791546
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
$13.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.5M
RESTAURANT
Est. value
$11.1M
OFFICE BUILDING
Est. value
$11.0M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2012
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Aat Geary Marketplace LLC
Entity
Mailing address
3420 CARMEL MTN RD #10, SAN DIEGO, CA 92121-1068
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2012
$21,000,000
Aat Geary Marketplace LLC
North Creek Investors LLC
Grant Deed
—
Mar 23, 2012
—
North Creek Investors LLC
—
Deed Of Trust
related
$5,400,000 · Mechanics Bank
Sep 13, 2011
—
North Creek Investors LLC
—
Loan Modification, Consolidation And Extension
related
$9,400,000 · Mechanics Bank
Jul 8, 2011
—
North Creek Investors LLC
—
Trustees Deed
related
$135,352 · Mechanics Bank
May 10, 2011
—
North Creek Investors LLC
Hds Inland Empire LLC
Grant Deed
$679,000 · Mechanics Bank
Nov 30, 2009
—
Hds Inland Empire LLC
Madoff Corp
Grant Deed
related
—
Dec 30, 2008
—
Madoff Corp
Pleasant Creek Industries INC
Grant Deed
$5,205,905 · Hds Island Empire LLC
—
—
North Creek Investors LLC
—
Deed Of Trust
related
$5,000,000 · Mechanics Bank
—
—
North Creek Investors LLC
—
Deed Of Trust
related
$1,960,000 · Mechanics 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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