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Property profile & analytics
OFF-MARKET
Estimated value
$8,570,000
Office buildings
3021 Citrus Cir Walnut Creek, CA 94598-2692
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2784944
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
38,000 SF
Lot
1.37 ac (59,808 SF)
APN
134-121-035-7
UPID
US09-2784944
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
-
Northwestern Mutual Financial Advisor
-
Susan Cappo - State Farm Insurance Agent Insurance Agency
-
Robin Ooley - State Farm Insurance Agent Insurance Agency
-
Pacific First Realty Real Estate Agency
-
Simon Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.57M
Owner & transaction history
Sumitra Properties LLC · 7 yrs held
Sumitra Properties LLC
since 2019
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,215,000
6.5%
$11,275,000
7%
$10,470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$13,800,000
Change: -16% · Conversion: Easy
COMMERCIAL (GENERAL)
$13,225,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$8.57M
Range $7.71M – $9.43M · ±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
$226 / 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
$81,025
Tax year 2024
Assessed value
$7,141,000
Assessed 2024
Previous assessed
$7,141,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,082,700
Assessed improvement
$5,058,300
Applied tax rate
9.0000
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
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
38,000 SF
Lot
1.37 ac (59,808 SF)
APN
134-121-035-7
UPID
US09-2784944
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$13.8M
COMMERCIAL (GENERAL)
Est. value
$13.2M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Sumitra Properties LLC
Entity
Mailing address
PO BOX 2701, FREMONT, CA 94536-0701
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
$7,200,000
Sumitra Properties LLC
Citrus Plaza Investors LLC
Grant Deed
$4,400,000 · Bank Of The West
Jul 13, 2004
—
Citrus Plaza Investors LLC
Dias,tr
Grant Deed
related
$2,500,000 · Washington Mutual Fsb
Jun 17, 2004
—
Daniel B Fivey
Fivey,diana
Quit Claim Deed
related
—
Mar 19, 1997
—
Daniel Fivey
Fivey,heidi M
Quit Claim Deed
related
—
Mar 19, 1997
$160,000
Fivey,daniel
Fivey,diana
Trustees Deed
related
—
Sep 17, 1991
—
Alfred Dias
Dias,j.
Quit Claim Deed
related
—
Sep 17, 1991
$2,130,000
Richard Granella
Pacific Coast Sa
Quit Claim Deed
related
$1,855,000 · Sanwa Bank California
Apr 3, 1989
—
Coast Sa Pacific
L & M Woodlands
Grant Deed
related
—
—
—
Richard Granzella
—
Deed Of Trust
related
$2,100,000 · Sanwa Bank California
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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