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    Property profile & analytics

    3686 Mt Diablo Blvd Lafayette, CA 94549-3742

    • Apartment buildings
    • 22,514 SF
    • 1.27 lot acres
    OFF-MARKET
    Last Sale
    Dec 04, 2020
    $10,700,000
    Value Estimations
    $10,005,000
    Show details
    Cap Rate Potential
    3.6%
    Apartment buildings
    Location Intelligence
    Property ID
    US09-3096744
    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

    • The Morgan Apartments / Apartment Building / Apartment Rental Agency
    • William Berrien Civil Strctrl / Structural Engineer

    Property Details for 3686 Mt Diablo Blvd

    Year built
    1964
    Lot size
    1.27 lot acres
    Property size
    22,514 SF
    Property type
    Apartment buildings
    APN
    241-020-004-8
    APU
    2410200048

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,045,000
      ML approach
      $9,270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,957,000
      Market price range: $3.58M - $8.96M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Contra Costa
    State
    California
    Longitude
    -122.13
    Latitude
    37.891
    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
    $149,039
    $7,428,456
    $3,937,830
    $11,366,286
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      10,048 SF

      1033 2nd St

      APARTMENT HOUSE (5+ UNITS) • 10,048 SF
      1033 2nd St, Lafayette, CA 94549-3944
      View Details
    • Value Estimation
      $320,000
      4,626 SF

      3569 Brk St

      APARTMENT HOUSE (5+ UNITS) • 4,626 SF
      3569 Brk St, Lafayette, CA 94549-4992
      View Details
    • Value Estimation
      $375,000
      3,878 SF

      942 Dewing Ave

      APARTMENT HOUSE (5+ UNITS) • 3,878 SF
      942 Dewing Ave, Lafayette, CA 94549-4272
      View Details
    • Value Estimation
      $325,000
      5,378 SF

      231 Lafayette Cir

      APARTMENT HOUSE (5+ UNITS) • 5,378 SF
      231 Lafayette Cir, Lafayette, CA 94549-4391
      View Details
    • Value Estimation
      $700,000
      24,808 SF

      998 Thompson Rd

      APARTMENT HOUSE (5+ UNITS) • 24,808 SF
      998 Thompson Rd, Lafayette, CA 94549-3884
      View Details
    • Value Estimation
      $265,000
      3,699 SF

      891 Bell St

      APARTMENT HOUSE (5+ UNITS) • 3,699 SF
      891 Bell St, Lafayette, CA 94549-4305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.91 Acres

      Lafayette Mixed-Use Development Opportunity

      1.91 Acres, 155+ Units Potential
      3746 Mt Diablo Blvd, Lafayette, CA 94549
      View Details
    • Contact for pricing
      1.47 Acres

      Lafayette Development Site: 71 Units

      Shovel-ready, 71-unit condo project in Lafayette, CA.
      3483 Golden Gate Way, Lafayette, CA 94549
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    • $650,000

      Lafayette View Lot Opportunity

      Private 1.1-acre view lot in desirable Diablo Oaks subdivision.
      18 Diablo Oaks Way, Lafayette, CA 94549
      View Details
    • Contact for pricing
      1,600 SF

      Single-Tenant Retail Building For Sale

      Single-tenant retail building leased through August of 2027.
      986 Moraga Rd, Lafayette, CA 94549
      View Details
    • $4,250,000
      8,580 SF

      Two-Story Office/Retail Building For Sale

      Two-story, 8,580 RSF office/retail building with high-quality renovations.
      1080 Carol Ln, Lafayette, CA 94549
      View Details
    • Contact for pricing
      9,542 SF

      Lafayette Office Space Opportunity

      Premium office space near downtown Lafayette and Highway 24.
      3800 Mt Diablo Blvd, Lafayette, CA 94549
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      74,355 SF

      Lafayette Lifestyle Center Investment

      Prime Lafayette retail, 5 spaces available
      21 Lafayette Cir, Lafayette, CA 94549
      View Details
    • Contact for pricing
      824 SF

      Lafayette Office Building For Rent

      Office building in Lafayette, CA, near BART station.
      3650 Mt Diablo Blvd, Lafayette, CA 94549
      View Details
    • $3 SF/Yr
      2,145 SF

      Retail Space on Mt. Diablo

      Corner retail space available on Mt. Diablo Boulevard.
      3474 Mt. Diablo Blvd, Lafayette, CA 94549
      View Details
    • Contact for pricing
      1,681 SF

      Lafayette Office Space Available

      Office space available for rent in Lafayette, California.
      3466-3470 Mt Diablo Blvd, Lafayette, CA 94549
      View Details
    • Contact for pricing
      3,802 SF

      Lafayette Office Space For Rent

      Office space available in Lafayette with parking and signage.
      201 Lafayette Cir, Lafayette, CA 94549
      View Details
    • Contact for pricing
      600 SF

      Charming Office Space in Lafayette

      Office space with convenient parking and walkable to downtown Lafayette.
      242 Lafayette Cir, Lafayette, CA 94549
      View Details
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    Lafayette, CA 94549-3742
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    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
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