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Property profile & analytics
FOR LEASE
Office buildings
2300 Contra Costa Blvd Pleasant Hill, CA 94523
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3145743
For Lease
1 / 2
Contact for pricing
2300 Contra Costa Blvd, Pleasant Hill, CA 94523
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
CONCRETE
Total area
130,000 SF
Lot
2.67 ac (116,436 SF)
APN
148-020-010-2
UPID
US09-3145743
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
$20.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.03M
Owner & transaction history
Terraces 2300 LLC · 4 yrs held
Terraces 2300 LLC
since 2022
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%
$21,840,000
6.5%
$20,160,000
7%
$18,720,000
Blend value · Realmo final
$17.03M
Range $15.32M – $18.73M · ±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
$131 / 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
$281,568
Tax year 2024
Assessed value
$22,909,000
Assessed 2024
Previous assessed
$22,909,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$7,305,600
Assessed improvement
$15,603,400
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
For Lease
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
130,000 SF
Lot
2.67 ac (116,436 SF)
APN
148-020-010-2
UPID
US09-3145743
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
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.67 ac
Current owner
From public records · entity-resolved
Terraces 2300 LLC
Entity
Mailing address
2300 CONTRA COSTA BLVD STE #375, PLEASANT HILL, CA 94523-3976
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 7, 2022
$37,114,500
Terraces 2300 LLC
Terraces Ph LLC
Grant Deed
related
$21,000,000 · California Bank Of Commerce
Oct 6, 2021
—
Terraces Ph LLC
—
Deed
related
$8,250,000 · Shereen Hirbod
Sep 30, 2016
—
Terraces Ph LLC
Pleasant Hill Holdings
Grant Deed
$68,185,000 · Bank Of America
Aug 16, 1994
—
Pleasant Hill Mortgage
First Madison Ba
Grant Deed
related
$5,000,000 · Mechanics Nat'l Bank Richmond
Oct 17, 1985
$1,255,000
William B Burke
The Pleasant Hill Redevelo
Grant Deed
$17,100,000
—
—
Pleasant Hill Holdings
—
Deed Of Trust
related
$6,000,000 · Mechanics Nat'l Bank Richmond
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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