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Property profile & analytics
FOR SALE
Office buildings
1756 Lacassie Ave Walnut Creek, CA 94596
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2835747
For Sale
1 / 6
$1,740,000
1756 Lacassie Ave, Walnut Creek, CA 94596
View Listing →
Property summary
AI-generated overview
This Walnut Creek office property, known as Ygnacio Station, offers five available executive suites within a well-maintained complex. Located at 1756 Lacassie Ave, Walnut Creek, CA 94596, near the intersection of N California Blvd, this property boasts a total of 6,789 square feet across four, two-story buildings. Suites range from a minimum of 760 square feet to a maximum contiguous space of 1,367 square feet, with a total of 5,377 square feet currently vacant. Built in 1989, the property features convenient amenities including an elevator, ample parking (3.00 spaces per unit, exact total number not specified), and vaulted ceilings on the upper floors. Its prime location provides excellent access to major transportation arteries, including I-680 and Highway 24, and is conveniently situated near the Walnut Creek BART station. The surrounding area offers a variety of nearby restaurants and shops, enhancing the convenience and appeal of this location for businesses and professionals. Contra Costa County is the location of this property.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
7,875 SF
Lot
0.22 ac (9,420 SF)
APN
174-220-002-3
UPID
US09-2835747
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
-
Sharon Bar-Gil Physician
-
Ellis Ron R PhD Physician Medical Clinic
-
Peterson Marnie Psychotherapist Doctor
-
Dr. Michiyo Ambrosius Physician Medical Clinic
-
Farmers Insurance - Sang Rowand Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
1756 Lacassie LLC
1756 Lacassie LLC
since 2025
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%
$2,530,000
6.5%
$2,335,000
7%
$2,170,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,860,000
Change: -16% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,740,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$221 / 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
$24,424
Tax year 2024
Assessed value
$2,058,372
Assessed 2024
Previous assessed
$2,058,372
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$614,732
Assessed improvement
$1,443,640
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1989
Heating
NONE
Stories
1
Units
7
Rooms
7
Total area
7,875 SF
Lot
0.22 ac (9,420 SF)
APN
174-220-002-3
UPID
US09-2835747
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
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1989
Heating
NONE
Stories
1
Units
7
Rooms
7
Lot
0.22 ac
Current owner
From public records · entity-resolved
1756 Lacassie LLC
Entity
Mailing address
250 LAFAYETTE CIR STE #100, LAFAYETTE, CA 94549-4389
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 8, 2025
—
1756 Lacassie LLC
Steven H Markstein
Grant Deed
—
Aug 4, 2015
$2,600,000
Markstein,steven H 1997 Trust
Marc Paul INC
Grant Deed
$2,950,000 · California Bk/commerce
Dec 18, 2007
—
Marc Paul INC
Kmk Properties LLC
Grant Deed
—
Mar 3, 2003
—
Kmk Properties LLC
Markenstrin,tr
Grant Deed
related
—
Sep 1, 1999
—
Kmk Properties LLC
Office Center
Grant Deed
$839,000 · Westamerica Bank
Dec 6, 1996
—
Office Center Ptshp
La Cassie Office Building
Quit Claim Deed
related
—
—
—
La Cassie Office
—
Deed Of Trust
related
$800,000 · Wells Fargo Bank
—
—
Marc Paul INC
—
Deed Of Trust
related
$1,900,000 · California Commerce 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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