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Property profile & analytics
FOR LEASE
Office buildings
10600 De Anza Blvd N 1-3 Cupertino, CA 95014
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1795819
For Lease
$19,730,000
10600 De Anza Blvd N,Unit 1-3, Cupertino, CA 95014
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
TILT-UP CONCRETE
Total area
25,867 SF
Lot
0.76 ac (33,000 SF)
Zoning code
PMR
APN
316-02-103
UPID
US09-1795819
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
-
Paul Capitol Partners Financial Advisor
-
Berg Mc Affee Co IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.94M
Comparable Approach
Comparable
$25.10M
Blend (final)
Blend
$19.73M
Owner & transaction history
Li Mao LLC · 4 yrs held
Li Mao LLC
since 2021
Last sale
$19.5M
7 recorded transactions
Zoning & alternative use
PMR · Cupertino, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$26.6M
+32.5%
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 Cupertino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cupertino 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
$19,615,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,175,000
6.5%
$14,935,000
7%
$13,865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,065,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$26,585,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$19.73M
Range $17.76M – $21.70M · ±10% · vs last sale $19.50M (Nov 23 2021)
Last sale anchor
$19.50M
Nov 23 2021
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
$763 / 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
$242,127
Tax year 2024
Assessed value
$20,287,800
Assessed 2024
Previous assessed
$20,287,800
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$6,554,520
Assessed improvement
$13,733,280
Applied tax rate
13.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
1
Total area
25,867 SF
Lot
0.76 ac (33,000 SF)
Zoning code
PMR
APN
316-02-103
UPID
US09-1795819
Jurisdiction
SANTA CLARA
Zoning & alternative use
PMR · Cupertino, CAZoning PMR · permitted uses
PMR · Cupertino, 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
OFFICE BUILDING Current
Est. value
$20.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$26.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Li Mao LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2245 RINGWOOD AVE, SAN JOSE, CA 95131-1737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
$19,500,000
Li Mao LLC
Si 24 LLC
Grant Deed
—
Jul 16, 2010
—
Si 24 LLC
Sobrato Dev Co 940
Grant Deed
—
May 11, 2007
—
Sobrato Dev Co 940
Sobrato Investment Ptshp
Quit Claim Deed
—
Dec 20, 1996
$2,700,000
Sobrato Investment Partnership
Sobrato Interests II
Grant Deed
related
—
Aug 28, 1992
—
Interests LP Sobrato
Sobrato,susan R
Quit Claim Deed
related
—
Apr 14, 1988
$5,212,500
Sobrato Interest
Granu
Grant Deed
related
—
—
—
Sobrato Interest
—
Deed Of Trust
related
$3,800,000 · Principal Mutual Life Ins
—
—
Russo In Sobrato
—
Deed Of Trust
related
$6,000,000 · Union Labor Life Insurance Co
—
—
Sobrato Interest
—
Deed Of Trust
related
$6,400,000 · Union Bank
—
—
Sobrato Interest
—
Deed Of Trust
related
$4,560,000 · Union Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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