Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,690,000
Warehouses
106 Lawrence Sta Rd Sunnyvale, CA 94086-5309
Entity Owned
11-yr Hold
Free & Clear
Property ID
US09-3173544
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
38,237 SF
Lot
7.37 ac (321,037 SF)
Zoning code
I
APN
216-27-059
UPID
US09-3173544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.69M
Owner & transaction history
Extra Space Properties 102 LLC · 11 yrs held
Extra Space Properties 102 LLC
since 2015
7 recorded transactions
Zoning & alternative use
I · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$17.6M
+29.1%
Apartment house (5+ units)
$15.2M
+11.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,515,000
6.5%
$14,325,000
7%
$13,300,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,595,000
Current use
INDUSTRIAL (GENERAL)
$17,555,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$15,205,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$11.69M
Range $10.52M – $12.86M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$306 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$329,159
Tax year 2024
Assessed value
$28,098,448
Assessed 2024
Previous assessed
$28,098,448
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$4,566,937
Assessed improvement
$23,531,511
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
NONE
Buildings
4
Stories
2
Total area
38,237 SF
Lot
7.37 ac (321,037 SF)
Zoning code
I
APN
216-27-059
UPID
US09-3173544
Jurisdiction
SANTA CLARA
Zoning & alternative use
I · Sunnyvale, CAZoning I · permitted uses
I · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.6M
INDUSTRIAL (GENERAL)
Est. value
$17.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Stories
2
Buildings
4
Lot
7.37 ac
Current owner
From public records · entity-resolved
Extra Space Properties 102 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2015
—
Extra Space Properties 102 LLC
Extra Space Properties Ninety
Quit Claim Deed
—
Aug 29, 2013
$16,376,500
Space Props Ninety Six L Extra
Sunnyvale Hyrail III LLC
Grant Deed
—
Aug 25, 2005
—
Sunnyvale Hyrail III LLC
Hyrail Partners Iiia
Grant Deed
—
Nov 17, 1997
—
Hyrail Partners II LLC
Hyrail Partners II LLC
Quit Claim Deed
related
—
May 30, 1996
—
Aboard Mini Storage All
—
Deed Of Trust
related
$3,250,000 · General Electric Capital Corp
Dec 6, 1995
—
Partners Hyrail III
Hyrail Partners II LP
Quit Claim Deed
related
—
Aug 2, 1994
—
Aboard Mini Storage All
—
Deed Of Trust
related
$14,500,000 · General Electric Capital Corp
Jun 24, 1992
$1,797,500
Hyrail Partners LP
Southern Pacific
Grant Deed
—
—
—
Hyrail Partners
—
Deed Of Trust
related
$86,888 · General Electric Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 106 Lawrence Sta Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
