Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,720,000
Warehouses
1096 Fair Oaks Ave Sunnyvale, CA 94089-1701
Entity Owned
30-yr Hold
Free & Clear
Property ID
US09-2515436
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
44,600 SF
Lot
0.78 ac (34,131 SF)
Zoning code
RMH
APN
110-28-008
UPID
US09-2515436
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
-
Public Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.26M
Blend (final)
Blend
$6.72M
Owner & transaction history
STORAGE EQUITIES INC
STORAGE EQUITIES INC
Zoning & alternative use
RMH · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-MH residential-mobile home zoning district is reserved for the construction, use and occupancy of mobile homes and other uses incidental to the operation of such parks. Such parks may not contain more than twelve dwelling units per acre of mobile home park area. ( Prior zoning code §§ 19.32.010(a), 19.32.015(a), 19.32.017(a), 19.32.020(a), 19.32.030(a)…
Zone name
Residential Mobile Home
General category
RESIDENTIAL
Zone area
441.32 ac
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.72M
Range $6.05M – $7.39M · ±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
$151 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$3,600,319
Assessed 2023
Previous assessed
$3,529,725
+2.0% YoY
Assessed land
$807,239
Assessed improvement
$2,793,080
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
1987
Heating
NONE
Cooling
NONE
Stories
1
Units
392
Total area
44,600 SF
Lot
0.78 ac (34,131 SF)
Zoning code
RMH
APN
110-28-008
UPID
US09-2515436
Jurisdiction
SANTA CLARA
Zoning & alternative use
RMH · Sunnyvale, CAZoning RMH · permitted uses
RMH · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-MH residential-mobile home zoning district is reserved for the construction, use and occupancy of mobile homes and other uses incidental to the operation of such parks. Such parks may not contain more than twelve dwelling units per acre of mobile home park area. ( Prior zoning code §§ 19.32.010(a), 19.32.015(a), 19.32.017(a), 19.32.020(a), 19.32.030(a), 19.32.040(a), 19.32.050(a), 19.32.060(a) ; Ord. 2623-99
Zone name
Residential Mobile Home
General category
RESIDENTIAL
Zone area
441.32 ac
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
1
Units
392
Lot
0.78 ac
Current owner
From public records · entity-resolved
STORAGE EQUITIES INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 25025, GLENDALE, CA 91221-5025
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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 1096 Fair Oaks Ave?
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.
