1840 San Miguel Dr Walnut Creek, CA 94596-8602
Property profile & analytics
1840 San Miguel Dr, Walnut Creek, CA 94596-8602
- Office buildings
- 10,280 SF
- 0.49 lot acres
Property ID
US09-3128869
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Simplera Benefits & Insurance / Insurance Agency
- Rubicon Property Group / Construction Company
- Center for Modern Therapy / Physician / Medical Clinic
- Pamela Ramona Thirrukotla / Physician
- Diamond Oak Wealth Partners / Financial Advisor
Property Details for 1840 San Miguel Dr
- Year built
- 1979
- Lot size
- 0.49 lot acres
- Property type
- Office buildings
- APN
- 180-020-057-6
- APU
- 1800200576
Description
This exceptional Walnut Creek office property, Ridgecrest Professional Center, offers prime executive office space in a highly desirable location at 1840 San Miguel Drive, 94596. The two-story, 10,055 square foot building, constructed in 1980, sits on a 0.489-acre lot and boasts convenient access via Newell Hill Pl. Currently, there are multiple tenancies, with 3,623 square feet of vacant space available. Units range from a minimum of 1,223 square feet to a maximum contiguous space of 2,400 square feet, providing flexibility for various business needs. The building features ample parking with 28 spaces (a 3.00 space-per-unit ratio), and the convenience of elevators. Its classification as an Executive Office, Commercial, and Shopping Center space makes it ideal for a variety of professional uses. Located in Contra Costa County, this property presents a unique opportunity to establish a presence in the thriving Walnut Creek business community. The property's central location and modern amenities make it an attractive option for businesses seeking a prestigious and functional workspace. Don't miss this chance to secure your ideal office space in this well-maintained building.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,305,000
- 6.5%
- $3,050,000
- 7%
- $2,830,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,336,000
Market price range: $1.80M - $6.14M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,450,000 Current use
- RETAIL STORES
- $5,235,000 Change: +18% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $5,200,000 Change: +17% Conversion: Easy
- RESTAURANT
- $4,495,000 Change: +1% Conversion: Moderate
- MEDICAL BUILDING
- $3,735,000 Change: -16% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,580,000 Change: -20% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Walnut Creek
- County
- Contra Costa
- State
- California
- Longitude
- -122.053
- Latitude
- 37.8956
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,768
$934,919
$1,100,944
$2,035,863
-
$0.00
$0.00
$0.00
