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Property profile & analytics
FOR LEASE
Medical Office Space
2255 Ygnacio Valley Rd Walnut Creek, CA 94598
Individually Owned
~
Est. High Equity
Property ID
US09-2142870
For Lease
1 / 2
$9,085,000
2255 Ygnacio Valley Rd, Walnut Creek, CA 94598
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
38,800 SF
Lot
3.17 ac (138,129 SF)
APN
142-020-029-5
UPID
US09-2142870
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
-
Kelso James H DDS Dental Office
-
Diablo Clinical Research Inc Medical Clinic
-
Christiansen Mark P MD Physician
-
Weinstein Richard L MD Physician
-
BodyLogicDO of San Jose (in Walnut Creek) Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.84M
CAP Approach
CAP
$8.85M
Comparable Approach
Comparable
$11.15M
Blend (final)
Blend
$9.09M
Owner & transaction history
Howard Bradford
Howard Bradford
since 2026
Last sale
$9.3M
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
Method
Estimation
Statistic approach
$8,890,000
ML approach
$10,835,000
CAP Approach
CAP Return
Estimation
6%
$9,585,000
6.5%
$8,850,000
7%
$8,215,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,095,000
Current use
COMMERCIAL (GENERAL)
$13,505,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$9.09M
Range $8.18M – $9.99M · ±10% · vs last sale $9.30M (Dec 5 2023)
Last sale anchor
$9.30M
Dec 5 2023
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
$234 / 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
$123,202
Tax year 2024
Assessed value
$10,581,809
Assessed 2024
Previous assessed
$10,581,809
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,716,301
Assessed improvement
$5,865,508
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1979
Heating
NONE
Stories
1
Total area
38,800 SF
Lot
3.17 ac (138,129 SF)
APN
142-020-029-5
UPID
US09-2142870
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$14.1M
COMMERCIAL (GENERAL)
Est. value
$13.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
Howard Bradford
Individual
Mailing address
PO BOX 2000, ORINDA, CA 94563-6400
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Howard Bradford
Bradford R Howard
Deed
related
—
Dec 5, 2023
—
Patrick Thomas Ellwood
Patrick T Ellwood
Intrafamily Transfer
related
—
Mar 10, 2022
—
Patrick T Ellwood
Patrick T Ellwood
Intrafamily Transfer
related
—
May 5, 2020
—
Patrick T Ellwood
—
Loan Modification
related
$6,200,000 · California Bk/commerce
Jun 21, 2018
$1,655,500
Patrick T Ellwood
Howard-grand Ave-1031 LLC
Grant Deed
$1,000,000 · California Bk/commerce
Jun 21, 2018
—
Wendy Howard
—
Deed
related
$5,460,478 · California Bk/commerce
Nov 9, 2017
—
Howard Family Trust 2001
Howard-grand Ave-1031 LLC
Quit Claim Deed
—
Feb 3, 2017
$9,300,000
Howard-grand Ave-1031 LLC
Ygnacio Woods LLC
Grant Deed
$6,510,000 · California Bk/commerce
Dec 31, 1996
—
Ygnacio Woods LLC
Trescony Trust
Grant Deed
related
—
Jun 7, 1994
—
Louis J Trescony
Trescony,mario R
Quit Claim Deed
related
$2,000,000 · Bank Of America
Jun 7, 1994
$300,000
Trescony,louis J
Louis J Trescony
Trustees Deed
related
—
—
—
Ferreira R.
—
Deed Of Trust
related
$550,000 · Home Savings Of America
—
—
Wendy Howard
—
Loan Modification
related
$5,460,478 · California Bk/commerce
—
—
Ygnacio Woods LLC
—
Deed Of Trust
related
$2,300,000 · Scott Valley Bank
—
—
Ygnacio Woods LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of America
—
—
Ygnacio Woods LLC
—
Deed Of Trust
related
$3,224,723 · Scott Valley 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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