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Property profile & analytics
OFF-MARKET
Estimated value
$12,515,000
Medical Office Space
355 Lennon Ln 365 Walnut Creek, CA 94598-2475
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-3365101
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
CONCRETE
Total area
84,000 SF
Lot
5 ac (217,756 SF)
APN
143-030-021-8
UPID
US09-3365101
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
-
Contra Costa Children's Dentistry - Tiffany H. Ham, DDS, APC Dental Office
-
Rahul Seth, MD, FACS - Golden State Plastic Surgery Medical Clinic
-
Golden State Dermatology Physician Medical Clinic
-
Norcal Urology Medical Group: Mooney James K MD Physician Medical Clinic
-
Norcal Urology Medical Group: Karol James B MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.52M
Owner & transaction history
355-365 Lennon Lane Props LLC · 19 yrs held
355-365 Lennon Lane Props LLC
since 2007
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / 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
$311,523
Tax year 2024
Assessed value
$22,901,836
Assessed 2024
Previous assessed
$22,901,836
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$4,295,210
Assessed improvement
$18,606,626
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
FLOOR FURNACE
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
10
Total area
84,000 SF
Lot
5 ac (217,756 SF)
APN
143-030-021-8
UPID
US09-3365101
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
1983
Construction
CONCRETE
Heating
FLOOR FURNACE
Cooling
Yes
Stories
1
Buildings
2
Rooms
10
Lot
5 ac
Current owner
From public records · entity-resolved
355-365 Lennon Lane Props LLC
Entity
Mailing address
PO BOX 128, DANVILLE, CA 94526-0128
Ownership since
2007
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
Feb 19, 2019
—
355-365 Lennon Lane Prop LLC
—
Deed
related
$2,500,000 · River Cty Bk
Mar 9, 2017
—
355-365 Lennon Lane Properties LLC
—
Deed
related
$12,100,000 · River City Bank
Apr 19, 2007
—
355-365 Lennon Lane Props LLC
Limar Realty Corp 3
Grant Deed
$14,500,000 · Artesia Mortgage Capital Corp
Jul 3, 2003
—
Limar Realty Corp III
—
Deed Of Trust
related
$107,374,500 · Monumental Life Insurance
Sep 9, 1999
—
Limar Realty Corp
—
Deed Of Trust
related
$25,000,000 · Wells Fargo Bank
May 24, 1994
—
Limar Realty Corp #3
Aetna Life Insur
Grant Deed
$3,650,000 · Aetna Life Insurance Co
Jul 1, 1985
—
Owner Name Unavailable
—
Grant Deed
related
—
Jul 1, 1982
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
355-365 Lennon Lane Prop LLC
—
Loan Modification
related
$2,500,000 · River Cty Bk
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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