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Property profile

1855 Olympic Blvd Walnut Creek, CA 94596

FOR LEASE
Office buildings
Property ID
US09-0655283
38,304 SF 1.48 ac lot Built 1971
Last sale Feb 2022 · $10,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This downtown office suite is located in Walnut Creek and is within walking distance of nearby dining areas. The property provides covered parking and is positioned with convenient access to I-680 and Highway 24. The interior is configured as a built-out dental suite with two private offices and two lab spaces, along with one restroom. The suite measures 1,725 square feet. The building exterior and site include features such as updated landscaping, additional exterior lighting, asphalt repairs…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$101k
Tax billed · 2024
Assessed value$8.95M
Assessed land$3.80M
Assessed improvement$5.15M
Effective rate1.13%

Value estimate

· Oct 2026
$7.65M
$6.89M – $8.42M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$4k
Operating expenses−$17k
NOI · 799,062.50% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$433/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$176 – $597

Cap rate analysis

How does the asset earn?
799,062.50%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCONTRA COSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.5
Convenience Store8.2
Smoke and Vape Shop8.1

Location

1855 Olympic Blvd Walnut Creek, CA 94596
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2001 Main, Walnut Creek, CA 94596-3732 $521,000 Feb 2026 167,594 SF
1990 California, Walnut Creek, CA 94596-3742 $111,000,000 Feb 2025 169,156 SF
2033 Main, Walnut Creek, CA 94596-3722 $111,000,000 Feb 2025 189,405 SF
1243 Alpine, Walnut Creek, CA 94596-4493 $5,000,000 Feb 2024 26,315 SF
1900 Olympic, Walnut Creek, CA 94596-5037 $4,100,000 Dec 2021 12,276 SF
1407 Oakland, Walnut Creek, CA 94596-8492 $3,250,000 Aug 2020 17,504 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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