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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Office buildings

1109 Park Victoria Dr Milpitas, CA 95035-6942

2,351 SF 0.13 ac lot Built 1979
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-2620589
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction WOOD
Total area 2,351 SF
Lot 0.13 ac (5,793 SF)
Zoning code CO
APN 088-36-049
UPID US09-2620589
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
  • Salem-Robinson Sarah Employment Agency
  • Pacific Retina - Sanket Shah, MD (Ophthalmologist & Retina Specialist) Medical Clinic Ophthalmologist
  • jay complete auto value Auto Repair Shop
  • MD Beauty Secrets Inc (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$908k
Blend (final) Blend
$1.01M
Owner & transaction history
Sanket U Shah · 3 yrs held
Sanket U Shah
since 2023
Last sale
$1.0M
7 recorded transactions
2023
$1.0M
2023
Price N/A
2021
Price N/A
2016
Price N/A
1993
$270,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CO · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. Administrative and Professional Office (CO) Zone. The Administrative and Professional Office (CO) Zone is intended to provide areas for medical, business, and professional offices, and medical and dental clinics. B. Neighborhood Commercial (C1) Zone. The Neighborhood Commercial ( C1 Zone) is intended to provide for general commercial needs of neighborhood…

Zone name Administrative And Professional Office
General category COMMERCIAL
Zone area 7.32 ac
Source Updated Zoning Ordinance Final
Top alternative use upside
Retail stores $1.5M +10.5%
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