1870 Olympic BlvdWalnut Creek, CA 94596

  • Office properties
  • 14,374 SF
For Lease
$28.20/SF/YR View listing

Property Details for 1870 Olympic Blvd

Year built
1967
Lot size
0.66 AC
Property size (Sq ft)
14,374 SF
Property type
Office properties
Property subtype
Office buildings
APN
184-050-063-9
APU
1840500639

Description

This exceptional 1,450 square foot executive office suite is located at 1870 Olympic Boulevard in Walnut Creek, California, 94596. Situated in a Class B building totaling 14,374 square feet, this space offers a prime opportunity for businesses seeking a prestigious address in Contra Costa County. The suite is part of a multi-tenant building and is currently vacant and ready for immediate occupancy. Parking is readily available with a generous ratio of 3+ stalls per 1,000 square feet (non-exclusive). The property's convenient location in Walnut Creek provides easy access to major transportation routes and a vibrant business community. This single suite within the building presents a unique opportunity to establish a professional presence in a desirable area. The address is 1870 Olympic Blvd, Walnut Creek, CA 94596. The property is categorized as an office building with an executive office subtype. The building features a total of 14,374 square feet. This specific suite offers 1,450 square feet of usable space. The ample parking ensures convenient access for employees and clients. This is an excellent opportunity to secure a well-located and functional office space in a thriving business environment. Don't miss out on this chance to establish your business in this highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,638,804
    6.5%
    $6,128,127
    7%
    $5,690,404
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,747,638
    Geo Method
    $4,009,052
  • Alternative Use

    Use
    Valuation
    Residential
    $7,598,878
    Hospitality
    $6,960,531
    Educational
    $5,791,080
    Medical
    $5,990,244
    Retail
    $9,008,347
1870 Olympic Blvd, Walnut Creek, California

Location Insight

City
Walnut Creek
County
Contra Costa
State
California
Latitude
37.8959
Longitude
-122.065
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
$52,846
$1,996,031
$2,359,635
$4,355,666
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