Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,340,000
Medical Office Space
2970 Hilltop Mall Rd Richmond, CA 94806-1947
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0430619
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
39,600 SF
Lot
2.71 ac (118,091 SF)
Zoning code
M3CD
APN
405-302-017-0
UPID
US09-0430619
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
-
Hilltop Imaging & Diagnostic Center Medical Clinic
-
Hilltop Family Dental Dental Office
-
Dr. Martin D. Wong, DMD Dental Office
-
Dr. Stefan Moiceanu, DDS Dental Office
-
Wong & Wong Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.25M
Comparable Approach
Comparable
$3.81M
Blend (final)
Blend
$6.34M
Owner & transaction history
Hilltop Medical Plaza LLC · 12 yrs held
Hilltop Medical Plaza LLC
since 2014
5 recorded transactions
Zoning & alternative use
M3CD · Richmond, 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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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%
$8,935,000
6.5%
$8,245,000
7%
$7,660,000
Blend value · Realmo final
$6.34M
Range $5.71M – $6.97M · ±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
$160 / 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
$115,199
Tax year 2024
Assessed value
$6,892,469
Assessed 2024
Previous assessed
$6,892,469
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$2,403,649
Assessed improvement
$4,488,820
Applied tax rate
8.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Stories
1
Units
21
Rooms
21
Total area
39,600 SF
Lot
2.71 ac (118,091 SF)
Zoning code
M3CD
APN
405-302-017-0
UPID
US09-0430619
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
M3CD · Richmond, CAZoning M3CD · permitted uses
M3CD · Richmond, CA
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
1986
Heating
NONE
Stories
1
Units
21
Rooms
21
Lot
2.71 ac
Current owner
From public records · entity-resolved
Hilltop Medical Plaza LLC
Entity
Mailing address
448 IGNACIO BLVD #342, NOVATO, CA 94949-6085
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2014
$5,735,000
Hilltop Medical Plaza LLC
Hilltop Medical Center LLC
Grant Deed
$4,014,500 · Bbcn Bk
Apr 2, 1999
—
Hilltop Medical Center LLC
Stg Realty Ventures INC
Grant Deed
$4,100,000 · Bear Stearns Funding INC
Sep 7, 1995
—
Stg Realty Ventures INC
Bay Street Number 7 Ltd
Grant Deed
$2,200,000 · Mechanics Nat'l Bank Richmond
—
—
Stg Realty Ventures INC
—
Deed Of Trust
related
$975,000 · Mechanics Bank
—
—
Hilltop Medical Center LLC
—
Loan Modification
related
$26,895,255 · Wells Fargo 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2970 Hilltop Mall Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
