Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

893 Ames Ave Milpitas, CA 95035

FOR LEASE
Industrial properties
Property ID
US09-3101114
11,650 SF 2.27 ac lot Built 1961
Last sale Nov 2019 · $862,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.71M
Assessed land$1.54M
Assessed improvement$174k
Effective rate1.29%

Value estimate

· Nov 2026
$865k
$779k – $952k
AI approach$865k
Submarket $/SF estimate$868k
NOI build-up
Gross scheduled income$335k
Vacancy & credit loss−$25k
Operating expenses−$108k
NOI · 11,824,705.88% cap applied$201k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$199 – $502
Qualifying comparables9

Cap rate analysis

How does the asset earn?
11,824,705.88%
$201k 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?
M2
B. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facil...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.0
Law Firm22.5
Auto Repair Shop18.2

Location

893 Ames Ave Milpitas, CA 95035
County assessor Recorded deeds · 7 transfers 9 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1498 Gladding, Milpitas, CA 95035-6831 $1,440,000 Jul 2025 14,898 SF
1752 Houret, Milpitas, CA 95035-6829 $1,538,500 May 2025 17,836 SF
758 Sycamore, Milpitas, CA 95035 $40,850,000 Jan 2025 28,000 SF
1474 Gladding, Milpitas, CA 95035-6831 $2,550,000 Oct 2024 9,268 SF
675 Trade Zone, Milpitas, CA 95035-6803 $26,000,000 Nov 2023 23,886 SF
329 Sango, Milpitas, CA 95035-6837 $3,750,000 Oct 2023 8,050 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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