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Property profile & analytics
OFF-MARKET
Estimated value
$27,965,000
Super regional malls
2302 Monument Blvd Pleasant Hill, CA 94523-3903
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2352256
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1963
Total area
102,152 SF
Lot
5.45 ac (237,271 SF)
APN
148-031-010-9
UPID
US09-2352256
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
$20.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.97M
Owner & transaction history
Villa Benedict LLC · 5 yrs held
Villa Benedict LLC
since 2021
Last sale
$36.7M
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 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
$35,550,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,090,000
6.5%
$20,390,000
7%
$18,930,000
Blend value · Realmo final
$27.97M
Range $25.17M – $30.76M · ±10% · vs last sale $36.70M (Jan 13 2021)
Last sale anchor
$36.70M
Jan 13 2021
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
$274 / 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
$446,898
Tax year 2024
Assessed value
$38,946,332
Assessed 2024
Previous assessed
$38,946,332
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$12,967,961
Assessed improvement
$25,978,371
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1963
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
102,152 SF
Lot
5.45 ac (237,271 SF)
APN
148-031-010-9
UPID
US09-2352256
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
1963
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
5.45 ac
Current owner
From public records · entity-resolved
Villa Benedict LLC
Entity
Mailing address
PO BOX 56766, SHERMAN OAKS, CA 91413-1766
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2021
$36,700,000
Villa Benedict LLC
Oxford Gardens LLC
Grant Deed
—
Dec 21, 2012
—
Oxford Gardens LLC
Beaufort Partners LP
Grant Deed
—
Nov 21, 2007
—
Holdings Ph
—
Trustees Deed
related
$20,750,000 · Wells Fargo Bank
Nov 10, 2005
—
Beaufort Partners
Bpgp LLC
Grant Deed
$27,000,000 · John Hancock Life Insurance Co
Dec 15, 2004
—
Holdings Ph
—
Trustees Deed
related
$38,800,000 · Wells Fargo Bank
Nov 1, 2004
$2,800,000
Holdings Ph
Ici Dev Co INC
Grant Deed
related
—
Jul 29, 2003
—
Ici Development Company INC
Eop Industrial Portfolio
Grant Deed
related
—
Nov 18, 1993
—
Properties LP Spieker
Ss Schnugg Blake
Grant Deed
related
—
Dec 29, 1988
$4,600,000
S Schnugg Blak S
Pleasant Hill As
Grant Deed
$4,080,000 · Wells Fargo Bank
—
—
Ici Development Co INC
—
Deed Of Trust
related
$10,500,000 · Wells Fargo Bank
—
—
Beaufort Partners
—
Deed Of Trust
related
$10,000,000 · John Hancock Life Insurance Co
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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