Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Bancroft Rd Walnut Creek, CA 94598-1531

    • Super regional malls
    • 4,712 SF
    • 0.13 lot acres
    OFF-MARKET
    Last Sale
    May 13, 2022
    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2641568
    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

    • Black Bear Diner Walnut Creek / American Restaurant / Breakfast Restaurant

    Property Details for 700 Bancroft Rd

    Year built
    1975
    Lot size
    0.13 lot acres
    Property size
    4,712 SF
    Property type
    Super regional malls
    APN
    145-270-010-5
    APU
    1452700105

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,405,000
      6.5%
      $1,295,000
      7%
      $1,205,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.04
    Latitude
    37.9274
    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
    $26,829
    $31,383
    $652,864
    $684,247
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12.46 Acres

      718 Bancroft Rd Ste B

      REGIONAL SHOPPING CENTER, MALL • 12.46 Acres
      718 Bancroft Rd Ste B, Walnut Creek, CA 94598-1544
      View Details
    • Value Estimation
      $4,640,000
      37,620 SF

      2941 Ygnacio Vly Rd

      REGIONAL SHOPPING CENTER, MALL • 37,620 SF
      2941 Ygnacio Vly Rd, Walnut Creek, CA 94598-3535
      View Details
    • Value Estimation
      $11,890,000
      97,293 SF

      2898 Ygnacio Vly Rd

      REGIONAL SHOPPING CENTER, MALL • 97,293 SF
      2898 Ygnacio Vly Rd, Walnut Creek, CA 94598
      View Details
    • Value Estimation
      $655,000
      4,383 SF

      2882 Ygnacio Vly Rd

      REGIONAL SHOPPING CENTER, MALL • 4,383 SF
      2882 Ygnacio Vly Rd, Walnut Creek, CA 94598
      View Details
    • Value Estimation by Request
      829 SF

      716 Bancroft Rd

      REGIONAL SHOPPING CENTER, MALL • 829 SF
      716 Bancroft Rd, Walnut Creek, CA 94598-1531
      View Details
    • Value Estimation
      $11,545,000
      101,555 SF

      1881 Ygnacio Vly Rd

      REGIONAL SHOPPING CENTER, MALL • 101,555 SF
      1881 Ygnacio Vly Rd, Walnut Creek, CA 94598-3214
      View Details

    Similar Nearby for Sale

    • $1,650,000
      3,568 SF

      Spacious Condo in Walnut Creek

      Largest condo available, ideal for office use in Walnut Creek.
      226 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      13,765 SF

      Creative Office Space Available

      Creative office space available for lease or sale soon.
      480-488 North Wiget Ln, Walnut Creek, CA 94598
      View Details
    • $3,800,000
      4.34 Acres

      Walnut Creek Farm & Home, 4.34 Acres

      Prime 4.34-acre Walnut Creek property, stunning views.
      401 Pine Creek Rd, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      44,341 SF

      Two-Story Office Building For Sale

      44,341 SF office building suitable for administrative or medical use.
      375 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • $899,000
      2.00 Acres

      Walnut Creek Estate Lot - 2 Acres

      Prime 2-acre residential lot, stunning views.
      457 Summit Rd, Walnut Creek, CA 94598
      View Details
    • $1,300,000
      2,218 SF

      Modern Dental Office Suite

      Modern dental office suite for sale with tenant in place.
      301 Lennon Ln, Walnut Creek, CA 94598
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      1,300 SF

      Retail Space in Citrus Marketplace

      Retail spaces available in a neighborhood shopping center.
      2220-2262 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $48 SF/Yr
      101,000 SF

      Citrus Marketplace: Retail Center

      Neighborhood center, high traffic, 1,105 SF available
      2250 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $48 SF/Yr
      101,000 SF

      Walnut Creek Retail Center Opportunity

      ±101,000 SF Neighborhood Center, High Occupancy
      2226 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $42 SF/Yr
      101,000 SF

      Citrus Marketplace: Retail Center

      Neighborhood shopping center; 8,466 SF available.
      2200 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $48 SF/Yr
      101,000 SF

      Citrus Marketplace Retail Space

      1,300 SF Retail Space Available in Concord
      2252 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $48 SF/Yr
      101,000 SF

      Walnut Creek Retail Center Opportunity

      101,000 SF Neighborhood Center, 1,300 SF Available
      2242 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Bancroft Rd
    Walnut Creek, CA 94598-1531
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.