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Property profile & analytics
FOR LEASE
Office buildings
201 N Civic Dr Walnut Creek, CA 94596
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2928237
For Lease
1 / 2
$40,350,000
201 N Civic Dr, Walnut Creek, CA 94596
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
285,903 SF
Lot
5.44 ac (236,966 SF)
APN
173-150-023-5
UPID
US09-2928237
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
-
Mike Jones - Keller Williams East Bay Real Estate Agency
-
Joe Giacomazzo SF East Bay & Coachella Valley Realtor Real Estate Agency
-
Andria Tall - Realtor, Keller Williams Realty Real Estate Agency
-
Jennifer Montanez - Keller Williams Realty East Bay Real Estate Agency
-
Jenny Neyra Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$40.35M
Owner & transaction history
Civic Executive Center LP · 1 yrs held
Civic Executive Center LP
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$429,029
Tax year 2024
Assessed value
$38,209,395
Assessed 2024
Previous assessed
$38,209,395
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$13,051,900
Assessed improvement
$25,157,495
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 Lease
Year built
1982
Heating
NONE
Buildings
3
Stories
1
Units
20
Rooms
20
Total area
285,903 SF
Lot
5.44 ac (236,966 SF)
APN
173-150-023-5
UPID
US09-2928237
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
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Buildings
3
Units
20
Rooms
20
Lot
5.44 ac
Current owner
From public records · entity-resolved
Civic Executive Center LP
Entity
Mailing address
1 N B ST STE #4000, SAN MATEO, CA 94401-3992
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Civic Executive Center LP
Cec LP
Warranty Deed
—
Mar 4, 2020
—
Cec LP
—
Deed
related
$30,000,000 · Miscellaneous Ins Co
Nov 5, 2018
$607,500
Cec
Wft Cec Property LLC
Grant Deed
—
Nov 5, 2018
—
Cec
—
Deed
related
—
Nov 21, 2014
—
Cec
—
Loan Modification
related
$23,800,000 · Mufg Union Bk NA
Oct 28, 2010
—
Wft Cec Property LLC
Cec
Quit Claim Deed
—
May 22, 2006
—
Cec
—
Deed Of Trust
related
$33,000,000 · Teachers Insurance & Annuity
Jul 18, 1994
—
Cec
Civic Executive
Quit Claim Deed
related
—
Jul 22, 1982
—
Civic Executive Center
—
Grant Deed
related
—
Aug 11, 1981
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Cec
—
Loan Modification
related
—
—
—
Cec
—
Deed Of Trust
related
$23,500,000 · Union Bank
—
—
Cec LP
—
Deed Of Trust
related
$30,000,000 · Miscellaneous Ins Co
—
—
Cec
—
Deed Of Trust
related
$18,000,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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