Financial
Distress signals
Property profile

1533 California Cir Milpitas, CA 95035

FOR LEASE
Office buildings
Property ID
US09-0088040
26,976 SF 1.35 ac lot Built 2000
Last sale Aug 2025 · $13,200,000
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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1533 California Cir, Milpitas, CA 95035 For Lease
$13,870,000 7,309 SF available
1533 California Cir, Milpitas, CA 95035
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Property summary

AI-generated overview

An office building located at 1533 California Circle in Milpitas, configured to include freeway signage and ample surface parking to support convenient access and visibility for office use. The property is arranged as an office building with suite-level potential, featuring surface-lot parking and signage provisions associated with the tenancy.

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?
$77k
Tax billed · 2024
Assessed value$6.57M
Assessed land$2.32M
Assessed improvement$4.25M
Effective rate1.17%

Value estimate

· Sep 2026
$13.87M
$12.48M – $15.26M
CAP approach$15.58M
Submarket $/SF estimate$13.50M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$594/SF
County average, outlier-cleaned · 804 recorded sales of this use type
Observed band · Q1–Q3$295 – $964
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HS
The purpose and intent of this zone is to provide for the wide range of personal and business services primarily oriented to the automobi...
General categoryCOMMERCIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.5
Realty agency21.0
Auto Parts Store19.6

Location

1533 California Cir Milpitas, CA 95035
County assessor Recorded deeds · 12 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
612 Main, Milpitas, CA 95035 $9,100,000 Aug 2023 29,520 SF
341 Great Mall, Milpitas, CA 95035-8008 $25,787,500 Jul 2023 55,458 SF
193 Topaz, Milpitas, CA 95035-5430 $5,230,000 Jan 2022 15,844 SF
1289 Park Victoria, Milpitas, CA 95035-6996 $4,921,000 Jan 2020 9,696 SF
1785 Landess, Milpitas, CA 95035 $2,950,000 Sep 2019 4,965 SF
500 Calaveras, Milpitas, CA 95035-7703 $9,000,000 Jun 2019 51,359 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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