Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2255 Contra Costa Blvd Pleasant Hill, CA 94523
    Back to Search
    Property profile & analytics

    2255 Contra Costa Blvd, Pleasant Hill, CA 94523

    View on Map
    • Office buildings
    • 28,434 SF
    • 0.51 lot acres
    For Lease
    $3,950,000
    View Listing →
    Pleasant Hill Office Space Available For Lease
    $3,950,000
    1,170 SF

    Pleasant Hill Office Space Available

    Office space with excellent location and Mt. Diablo views.

    2255 Contra Costa Blvd, Pleasant Hill, CA
    View Listing
    Property ID
    US09-3273134
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2255 Contra Costa Blvd

    Year built
    1976
    Lot size
    0.51 lot acres
    Property type
    Office buildings
    APN
    150-300-015-8
    APU
    1503000158

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 23, 2025 — 2255 Contra Costa Boulevard Associa — Deed · related $1M · Preferred Bank
    May 15, 2020 — 2255 Contra Costa Blvd Assocs — Deed · related $1.3M · Miscellaneous Ins Co
    Mar 1, 2017 — 2255 Contra Costa Boulevard Associa — Deed · related $1.2M · Jpmorgan Chase Bank NA
    — — 2255 Contra Costa Boulevard — Deed Of Trust · related $1.5M · Citibank West Fsb
    — — 2255 Contra Costa Blvd Assocs — Deed Of Trust · related $1.3M · Miscellaneous Ins Co
    — — 2255 Contra Costa Boulevard — Deed Of Trust · related $1.4M · Union Bank

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,497,000
      Market price range: $5.50M - $12.6M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Hill
    County
    Contra Costa
    State
    California
    Longitude
    -122.061
    Latitude
    37.9457
    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
    $24,127
    $501,179
    $1,084,709
    $1,585,888
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,074 SF

      1527 Contra Costa Blvd

      OFFICE BUILDING
      1527 Contra Costa Blvd, Pleasant Hill, CA 94523
      View Details
    • Value Estimation
      $2,905,000
      25,540 SF

      120 Mayhew Way, Unit 144

      OFFICE BUILDING
      120 Mayhew Way, Pleasant Hill, CA 94523-4325
      View Details
    • Value Estimation by Request
      3,340 SF

      1885 Oak Park Blvd

      OFFICE BUILDING
      1885 Oak Park Blvd, Pleasant Hill, CA 94523-4413
      View Details
    • Value Estimation
      $570,000
      4,950 SF

      1917 Oak Park Blvd

      OFFICE BUILDING
      1917 Oak Park Blvd, Pleasant Hill, CA 94523-4601
      View Details
    • Value Estimation by Request
      2,541 SF

      1923 Oak Park Blvd

      OFFICE BUILDING
      1923 Oak Park Blvd, Pleasant Hill, CA 94523-4601
      View Details
    • Value Estimation
      $2,625,000
      25,000 SF

      3341 Vincent Rd

      OFFICE BUILDING
      3341 Vincent Rd, Pleasant Hill, CA 94523-4354
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,704 SF

      Updated Single Story Office Building

      Functional, updated office building in Pleasant Hill, California.
      56 Mayhew Way, Pleasant Hill, CA 94523
      View Details
    • $250,000
      548 SF

      Mixed-Use Condo in Pleasant Hill

      Condo in mixed-use complex suitable for business or residential purposes.
      Gregory Ln #8, Pleasant Hill, CA 94523
      View Details
    • $285,000

      Commercial Condo on Gregory Lane

      Turn-key commercial condo with high visibility and convenient location.
      101 Gregory Ln, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      207,557 SF

      Furnished Office Space For Rent

      Furnished office space available in a premier garden setting.
      3478-3480 Buskirk Ave, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      887 SF

      Versatile Office Condo in Pleasant Hill

      Office condo with prime location and luxurious amenities.
      101 Gregory Ln, Pleasant Hill, CA 94523
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Pleasant Hill Office Space Available

      Office space for rent with excellent freeway access.
      2285 Morello Ave, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      1,536 SF

      Office Space in Pleasant Hill

      Office space available in grocery-anchored neighborhood center.
      1892-1978 Contra Costa Blvd, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      875 SF

      Pleasant Hill Garden Style Office

      Two-story office park with short-term leases near I-680.
      140 Mayhew Way, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      1,010 SF

      Renovated Office Suite For Rent

      Newly renovated office suite with elevator access and ample parking.
      401 Gregory Ln, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      5,240 SF

      Pleasant Hill Office Space Available

      Office space available for rent in Pleasant Hill, CA.
      363 Civic Dr, Pleasant Hill, CA 94523
      View Details
    • Contact for pricing
      1,170 SF

      Pleasant Hill Office Space Available

      Office space with excellent location and Mt. Diablo views.
      2255 Contra Costa Blvd, Pleasant Hill, CA 94523
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2255 Contra Costa Blvd
    Pleasant Hill, CA 94523
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2255 Contra Costa Blvd, Pleasant Hill, CA, 94523
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!