Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2404 Main St Walnut Creek, CA 94596-3557

    • Automotive properties
    • 26,915 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimations
    $1,340,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5037559
    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.

    Current Use by Public Records

    • Walnut Creek Chrysler Jeep Dodge Ram Service / Auto Repair Shop
    • Walnut Creek Chrysler Jeep Dodge Ram Parts / Auto Parts Store
    • Walnut Creek Chrysler Jeep Dodge Ram / Car Dealership
    • Stead Motors / Car Dealership

    Property Details for 2404 Main St

    Year built
    1994
    Lot size
    1.73 lot acres
    Property size
    26,915 SF
    Property type
    Automotive properties
    APN
    173-121-048-8
    APU
    1731210488

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.065
    Latitude
    37.9131
    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
    $93,942
    $2,505,081
    $4,684,216
    $7,189,297
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      2390 Main St

      VEHICLE SALES, RENTALS • 0.01 Acres
      2390 Main St, Walnut Creek, CA 94596-3546
      View Details
    • Value Estimation
      $555,000
      8,820 SF

      2105 Broadway

      VEHICLE SALES, RENTALS • 8,820 SF
      2105 Broadway, Walnut Creek, CA 94596
      View Details
    • Value Estimation
      $2,310,000
      41,924 SF

      1301 Parkside Dr

      VEHICLE SALES, RENTALS • 41,924 SF
      1301 Parkside Dr, Walnut Creek, CA 94596-3683
      View Details
    • Value Estimation
      $590,000
      13,440 SF

      1400 Carlback Ave

      VEHICLE SALES, RENTALS • 13,440 SF
      1400 Carlback Ave, Walnut Creek, CA 94596-3812
      View Details
    • Value Estimation by Request
      4,719 SF

      2244 Main St

      VEHICLE SALES, RENTALS • 4,719 SF
      2244 Main St, Walnut Creek, CA 94596-3521
      View Details
    • Value Estimation
      $1,380,000
      26,915 SF

      2404 Main St

      VEHICLE SALES, RENTALS • 26,915 SF
      2404 Main St, Walnut Creek, CA 94596-3557
      View Details

    Similar Nearby for Sale

    • $3,500,000
      5,811 SF

      Walnut Creek Executive Office Building

      Prime Walnut Creek location, 5,811 SF, $3.5M
      1525-1529 Cypress St, Walnut Creek, CA 94596
      View Details
    • $3,400,000
      6,056 SF

      Fully Leased Walnut Creek Investment

      Two buildings with parking in South Downtown Walnut Creek.
      Walnut Creek, CA 94596
      View Details
    • $3,400,000
      6,056 SF

      Walnut Creek Retail Investment Opportunity

      Fully leased retail property in Walnut Creek's south downtown.
      1500-1530 South Main St, Walnut Creek, CA 94596
      View Details
    • $3,350,000
      6,056 SF

      Walnut Creek Mixed-Use Investment

      Prime Walnut Creek location, high traffic, 6,056 SF.
      1500-1530 Main St, Walnut Creek, CA 94596
      View Details
    • $3,500,000
      5,811 SF

      Mixed-Use Building in Walnut Creek

      Two-story building with retail and office space for sale.
      1525-1529 Cypress St, Walnut Creek, CA 94596
      View Details
    • $8,237,000
      20,198 SF

      Fully Leased Retail/Office Building

      Two-story, 20,198 SF retail/office building in Walnut Creek, CA.
      2099 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,295 SF

      Downtown Walnut Creek Office Space

      Office space for rent in downtown Walnut Creek, California.
      201 N Civic Dr, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      33,517 SF

      Class A Office Building

      Four-story office building with on-site gym and secured parking.
      1600 Riviera Ave, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      5,041 SF

      Retail Space in Walnut Creek

      Retail space available in downtown Walnut Creek with high pedestrian traffic.
      1192 Locust St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      3,251 SF

      Retail Space in Walnut Creek

      Prime retail spaces in a vibrant downtown Walnut Creek location.
      1525 Locust St, Walnut Creek, CA 94596
      View Details
    • $45 SF/Yr
      9,636 SF

      Walnut Creek Restaurant Space Available

      Prime Walnut Creek Retail, Restaurant Space
      1601 Main St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      3,411 SF

      Prime Retail Space Available

      Flagship retail space in a high-profile East Bay location.
      1500 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details
    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.
    2404 Main St
    Walnut Creek, CA 94596-3557
    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

    Google sign-in failed. Please try again or use another login method.