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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Auto shops
2259 Main St Walnut Creek, CA 94596-3520
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0466238
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Construction
WOOD FRAME
Total area
8,510 SF
Lot
0.31 ac (13,500 SF)
APN
174-150-013-4
UPID
US09-0466238
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
-
Edible THC Products Delivery (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$864k
Blend (final)
Blend
$790k
Owner & transaction history
Norcal Luxury Cars Re LLC · 7 yrs held
Norcal Luxury Cars Re LLC
since 2019
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
by Request
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$93 / 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
$51,288
Tax year 2024
Assessed value
$4,545,408
Assessed 2024
Previous assessed
$4,545,408
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,771,705
Assessed improvement
$2,773,703
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1964
Construction
WOOD FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
1
Rooms
2
Total area
8,510 SF
Lot
0.31 ac (13,500 SF)
APN
174-150-013-4
UPID
US09-0466238
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
1964
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
1
Rooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Norcal Luxury Cars Re LLC
Entity
Mailing address
135 E SIR FRANCIS DRAKE BLVD, LARKSPUR, CA 94939-1860
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2019
$5,640,000
Norcal Luxury Cars Re LLC
Lmc Investors LLC
Grant Deed
related
—
Mar 21, 2019
$5,640,000
Norcal Luxury Cars Re LLC
Lmc Investors LLC
Grant Deed
—
Mar 25, 2014
$1,900,000
Lmc Investors LLC
Chang,gwo S & Lai P H
Grant Deed
—
Sep 13, 1990
$850,000
Gwo Chang
Chen,c.&s.
Grant Deed
—
Dec 3, 1985
$700,000
Gwo Shiun|lai Pai Ho Chang
Chen,cheng Kuang
Grant Deed
$650,000 · Sumitomo Bk/ca
Aug 27, 1981
$664,500
Cheng K Chen
Six Forty Second St Assoc
Grant Deed
related
$378,978
Jun 8, 1976
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Gwo S Chang
—
Deed Of Trust
related
$700,000 · Cathay 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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