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Property profile & analytics
OFF-MARKET
Estimated value
$61,600,000
Medical Office Space
2211 Olympic Blvd Walnut Creek, CA 94595-1623
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-2999554
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1942
Construction
WOOD FRAME
Total area
3,101,001 SF
Lot
0.23 ac (10,000 SF)
Zoning code
O-1
APN
184-312-021-1
UPID
US10-2999554
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
-
Center For Dental Implants And Dentistry Walnut Creek - Julia Lee D.D.S. Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$61.60M
Owner & transaction history
Julia Lee Dds INC · 12 yrs held
Julia Lee Dds INC
since 2014
7 recorded transactions
Zoning & alternative use
O-1 · Walnut Creek, CA
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
$20 / 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
$19,605
Tax year 2024
Assessed value
$1,635,108
Assessed 2024
Previous assessed
$1,635,108
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$502,417
Assessed improvement
$1,132,691
Applied tax rate
98.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1942
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
3,101,001 SF
Lot
0.23 ac (10,000 SF)
Zoning code
O-1
APN
184-312-021-1
UPID
US10-2999554
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
O-1 · Walnut Creek, CAZoning O-1 · permitted uses
O-1 · Walnut Creek, CA
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
1942
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Julia Lee Dds INC
Entity
Mailing address
PO BOX 127, ALAMO, CA 94507-0127
Ownership since
2014
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
Jul 24, 2024
—
Julia Lee Dds INC
—
Deed
related
$1,000,000 · First Citizens Bank & Trust Co
Jul 22, 2020
—
Julia Lee Dds INC
—
Deed
related
$765,000 · First Citizens Bank & Trust Co
Mar 5, 2018
—
Julia Lee Dds INC
—
Deed
related
$200,000 · Malone Robert J Trust (pt)
Jun 11, 2014
—
Julia Lee Dds INC
Julia Lee Dds INC
Correction Deed
related
$1,036,000 · Citibank NA
Aug 16, 2010
—
Ronald L Carter
Dirtbrokers INC
Quit Claim Deed
related
—
Aug 16, 2010
$950,000
Julia Lee Dds INC
Carter,ronald L
Grant Deed
$1,167,000 · Wilshire State Bank
Sep 15, 2005
—
Robert Worthington
Worthington,sylvia
Quit Claim Deed
related
—
Sep 15, 2005
$950,000
Ronald L Carter
Master Nursery Garden Centers INC
Grant Deed
$507,500 · The Mechanics Bank
Jun 30, 1999
—
Master Nursery Garden Centers
Master Nurserymens Assoc
Quit Claim Deed
related
—
Aug 1, 1991
$425,000
Master Nurseryme
Lehmkuhl,r.&r./b
Grant Deed
$185,000 · Wells Fargo Bank
—
—
Broderick W.
—
Deed Of Trust
related
$201,000 · Individual
—
—
Ray Lehmkuhl
—
Deed Of Trust
related
$209,000 · Great Western Bank
—
—
Master Nursery Garden Centers
—
Deed Of Trust
related
$168,295 · Individual
—
—
Julia Lee Dds INC
—
Deed Of Trust
related
$200,000 · Malone Robert J Trust (pt)
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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