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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Commercial land
2905 Jones Rd Walnut Creek, CA 94597
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3616595
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1988
Lot
0.6 ac (26,223 SF)
Zoning code
P-1
APN
172-020-046-6
UPID
US09-3616595
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
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Tong,mei F Survivors Trust · 5 yrs held
Tong,mei F Survivors Trust
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
P-1 · Walnut Creek, CA
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
$775,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 27 2021)
Last sale anchor
$800k
Jan 27 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
—
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
$19,516
Tax year 2024
Assessed value
$1,720,304
Assessed 2024
Previous assessed
$1,720,304
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,720,304
Applied tax rate
98.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1988
Heating
NONE
Lot
0.6 ac (26,223 SF)
Zoning code
P-1
APN
172-020-046-6
UPID
US09-3616595
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
P-1 · Walnut Creek, CA
Zoning P-1 · permitted uses
P-1 · Walnut Creek, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Walnut Creek. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
0.6 ac
Current owner
From public records · entity-resolved
Tong,mei F Survivors Trust
Trust
Mailing address
4080 GRAFTON ST STE #200, DUBLIN, CA 94568-7211
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Tong,mei F Survivors Trust
Tong J & M F 2012 Trust
Quit Claim Deed
—
Jul 31, 2019
—
Bay Club Walnut Crk Real Prop
—
Grant Deed
related
$190,000,000 · Morgan Stanley SR Fndg
Mar 30, 2017
—
Wc Walnut Creek LLC
—
Deed
related
$41,150,000 · First Republic Bk
Jan 5, 2017
—
Deryk Walcott
Wilson,shirley N
Affidavit Of Death
related
—
Jan 7, 2013
—
Tong James & Mei F 2012 Trust
Tong,james & Mei F
Quit Claim Deed
related
—
Nov 10, 2011
—
Wilson Shirley Trust
Wilson D C & S N Trust
Quit Claim Deed
related
—
Sep 28, 2000
$800,000
Wilson Trust
Tong,james & Mei F
Grant Deed
—
Apr 12, 1999
$3,000,000
James Tong
Wc Walnut Creek Lc
Grant Deed
—
Dec 23, 1997
—
Wc Walnut Creek LLC
Leisure Sports INC
Grant Deed
related
—
Jul 18, 1995
—
Hbc Associates
Colony Mb Partners LP
Grant Deed
related
—
Apr 22, 1994
—
Colony Mb Partners LP
Uwc-oak Road LP
Grant Deed
related
—
—
—
Wc Walnut Creek LLC
—
Deed Of Trust
related
$41,150,000 · First Republic Bk
—
—
Wc Walnut Creek LLC
—
Deed Of Trust
related
$44,000,000 · Capmark Bank
—
—
Wc Walnut Creek LLC
—
Deed Of Trust
related
$35,000,000 · Gmac Commercial Mortgage 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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