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Property profile & analytics
FOR LEASE
Retail space
1556 Mt Diablo Blvd Walnut Creek, CA 94596
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3279501
For Lease
1 / 2
$2,420,000
1556 Mt Diablo Blvd, Walnut Creek, CA 94596
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Total area
7,028 SF
Lot
0.36 ac (15,700 SF)
APN
178-230-028-7
UPID
US10-3279501
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
-
1556 Mt Diablo Blvd Parking Parking Lot & Garage
-
sweetgreen Take-out & Catering
-
Walnut Creek - MT Diablo Shopping Center & Mall
-
Ronbow - Walnut Creek Showroom General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Patson Mt Diablo A Vno · 19 yrs held
Patson Mt Diablo A Vno
since 2007
3 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%
$2,995,000
6.5%
$2,765,000
7%
$2,565,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,555,000
Change: -1% · Conversion: Difficult
RESTAURANT
$3,075,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$3,045,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±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
$344 / 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
$89,999
Tax year 2024
Assessed value
$8,165,741
Assessed 2024
Previous assessed
$8,165,741
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$7,533,427
Assessed improvement
$632,314
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
For Lease
Year built
1953
Heating
NONE
Stories
1
Units
2
Rooms
1
Total area
7,028 SF
Lot
0.36 ac (15,700 SF)
APN
178-230-028-7
UPID
US10-3279501
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
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RESTAURANT
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
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
1953
Heating
NONE
Stories
1
Units
2
Rooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Patson Mt Diablo A Vno
Individual
Free & Clear · 19 yrs held
Mailing address
210 E STATE RT 4TH 4, PARAMUS, NJ 07652-5108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2007
—
Patson Mt Diablo A Vno
Bfs Retail & Coml Operations
Grant Deed
—
Dec 3, 2001
—
Bfs Retail
Bridgestone/firestone North Am
Quit Claim Deed
related
—
Mar 11, 1992
$17,000
Bridgestone Fire
Penn Partners
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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