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Property profile & analytics
FOR LEASE
Medical Office Space
400 El Cerro Blvd Danville, CA 94526
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0490044
For Lease
1 / 2
$2,860,000
400 El Cerro Blvd, Danville, CA 94526
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
16,128 SF
Lot
1.26 ac (54,885 SF)
Zoning code
R1
APN
200-140-016-3
UPID
US09-0490044
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
-
Danville Massage & Coaching Hypnotherapy Alternative Medicine Practice Spa & Massage Center
-
Yshay Shlesinger, M.D. Physician
-
Precision Chiropractic Alternative Medicine Practice
-
Michelle L. Coleman, DC Alternative Medicine Practice
-
Diem Tran Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.86M
Owner & transaction history
El Cerro Holdings LLC · 19 yrs held
El Cerro Holdings LLC
since 2007
5 recorded transactions
Zoning & alternative use
R1 · Danville, 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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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%
$3,985,000
6.5%
$3,680,000
7%
$3,415,000
Blend value · Realmo final
$2.86M
Range $2.57M – $3.15M · ±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
$177 / 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
$51,230
Tax year 2024
Assessed value
$4,294,514
Assessed 2024
Previous assessed
$4,294,514
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,280,815
Assessed improvement
$3,013,699
Applied tax rate
16.0000
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
For Lease
Year built
1982
Heating
NONE
Stories
1
Total area
16,128 SF
Lot
1.26 ac (54,885 SF)
Zoning code
R1
APN
200-140-016-3
UPID
US09-0490044
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Danville, CA
Zoning R1 · permitted uses
R1 · Danville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
El Cerro Holdings LLC
Entity
Mailing address
101 YGNACIO VLY RD STE #450, WALNUT CREEK, CA 94596-7018
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2018
—
El Cerro Holdings LLC
—
Deed
related
$3,850,000 · Jpmorgan Chase Bank NA
May 18, 2007
—
El Cerro Holdings LLC
Nearon Enterprises LLC
Grant Deed
$3,300,000 · Wells Fargo Bank NA
Dec 21, 1999
—
Nearon Enterprises LLC
Nearon Enterprises LLC
Quit Claim Deed
related
$1,995,000 · Union Bank Of California
Feb 16, 1996
—
400 El Cerro
400 El Cerro
Quit Claim Deed
related
$1,200,000 · Mechanics Nat'l Bank Richmond
Sep 15, 1980
—
Owner Name Unavailable
—
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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