Financial
Distress signals
Property profile

383 1St St Gilroy, CA 95020

FOR LEASE
Retail space
Property ID
US10-2387739
6,796 SF 0.34 ac lot Built 1935
Last sale Apr 2025 · $675,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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383 1St St, Gilroy, CA 95020 For Lease
$5,100/Mo
383 1St St, Gilroy, CA 95020
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$21k
Tax billed · 2024
Assessed value$1.72M
Assessed land$966k
Assessed improvement$753k
Effective rate1.24%

Value estimate

· Sep 2026
$1.48M
$1.33M – $1.63M
NOI build-up
Gross scheduled income$244k
Vacancy & credit loss−$11k
Operating expenses−$70k
NOI · 3,196.88% cap applied$163k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$166 – $500
Qualifying comparables12

Cap rate analysis

How does the asset earn?
3,196.88%
$163k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
C1 NEIGHBORHOOD COMMERCIAL DISTRICT § 30.13.10 Statement of intent. § 30.13.20 Permitted uses and conditional uses. § 30.13.30 Site and b...
General categoryCOMMERCIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service9.3
Shoe Repair8.7
Locksmith8.5

Location

383 1St St Gilroy, CA 95020
County assessor Recorded deeds · 12 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7171 Camino Arroyo, Gilroy, CA 95020-7308 $3,500,000 Sep 2024 7,000 SF
7025 Monterey St, Gilroy, CA 95020-6656 $415,000 Mar 2024 4,378 SF
7896 Monterey, Gilroy, CA 95020-4520 $300,000 Nov 2023 6,408 SF
8440 Murray, Gilroy, CA 95020-3636 $1,850,000 Aug 2023 8,227 SF
5680 Monterey, Gilroy, CA 95020 $2,500,000 Aug 2023 6,630 SF
7700 Monterey, Gilroy, CA 95020-5218 $2,625,000 Apr 2023 6,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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