1250 MontegoWalnut Creek, CA 94598

Property Details for 1250 Montego

Year built

1980

Lot size

1.01 AC

Property size (Sq ft)

24,751 SF

Property type

Office properties

Property subtype

Office buildings

APN

140-260-032-2

APU

1402600322

Description

Montego Ridge, a three-building office complex in Walnut Creek, CA (94598), totaling 24,922 square feet, is available for sale or lease. This exceptional property, situated on a 1.01-acre lot at 1250 Montego, near Ygnacio Valley Rd, offers flexible space options ranging from a minimum of 20,000 contiguous square feet up to the entire 24,923 square feet. Currently, 40,000 square feet is vacant, presenting a significant opportunity for businesses seeking immediate occupancy. Built in 1980, the property features 208/120V 3-phase power and is zoned PD888 with an O-C Overlay (Office, Medical), allowing for diverse uses. The property is ideal for both executive office and medical office tenants. The seller will consider selling all or part of the project to owner-users and developers. Conditional approvals exist for assisted living/residential care, schools, and churches, expanding potential development opportunities. The property's APN is 140-260-032, located in Contra Costa County. This is a rare opportunity to acquire a substantial and versatile commercial property in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,431,546

  6.5%

  $10,552,197

  7%

  $9,798,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,175,092

  Geo Method

  $6,903,302

• Alternative Use

  Use

  Valuation

  Residential

  $13,084,724

  Hospitality

  $11,985,537

  Educational

  $9,971,826

  Medical

  $10,314,772

  Retail

  $15,511,729

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.909

Longitude

-122.048

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].