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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Office buildings
2255 Contra Costa Blvd Pleasant Hill, CA 94523-3772
Individually Owned
~
Est. High Equity
Property ID
US09-3273134
Property summary
AI-generated overview
The Citibank Building, located at 2255 Contra Costa Blvd, Pleasant Hill, CA 94523, offers exceptional executive office space for lease. This three-story building, constructed in 1976, boasts a total of 28,417 square feet and sits on a 0.51-acre lot. Currently, there are multiple tenancies available, with a range of sizes to accommodate various business needs. Individual suites range from a minimum of 1,285 square feet to a maximum contiguous space of 2,716 square feet, with a total of 5,618 square feet currently vacant. The building is conveniently located near Monument Blvd in Contra Costa County and provides ample parking, with a ratio of approximately 4 spaces per 1,000 square feet. The property is classified as an Executive Office building, ideal for professional businesses seeking a prestigious and functional workspace. This is a fantastic opportunity to secure high-quality office space in a desirable Pleasant Hill location. Inquire today for more details and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
28,434 SF
Lot
0.51 ac (21,998 SF)
APN
150-300-015-8
UPID
US09-3273134
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.50M
Blend (final)
Blend
$3.95M
Owner & transaction history
2255 Contra Costa Boulevard Associa
2255 Contra Costa Boulevard Associa
since 2025
6 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 Pleasant Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasant Hill 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±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
$139 / 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
$24,127
Tax year 2024
Assessed value
$1,585,888
Assessed 2024
Previous assessed
$1,585,888
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$501,179
Assessed improvement
$1,084,709
Applied tax rate
12.0000
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
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
28,434 SF
Lot
0.51 ac (21,998 SF)
APN
150-300-015-8
UPID
US09-3273134
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
1976
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
2255 Contra Costa Boulevard Associa
Individual
Mailing address
2255 CONTRA COSTA BLVD, PLEASANT HILL, CA 94523-3772
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
2255 Contra Costa Boulevard Associa
—
Deed
related
$1,000,000 · Preferred Bank
May 15, 2020
—
2255 Contra Costa Blvd Assocs
—
Deed
related
$1,250,000 · Miscellaneous Ins Co
Mar 1, 2017
—
2255 Contra Costa Boulevard Associa
—
Deed
related
$1,200,000 · Jpmorgan Chase Bank NA
—
—
2255 Contra Costa Boulevard
—
Deed Of Trust
related
$1,500,000 · Citibank West Fsb
—
—
2255 Contra Costa Blvd Assocs
—
Deed Of Trust
related
$1,250,000 · Miscellaneous Ins Co
—
—
2255 Contra Costa Boulevard
—
Deed Of Trust
related
$1,350,000 · Union 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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