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Property profile & analytics
FOR LEASE
Industrial properties
111 Uranium Dr Sunnyvale, CA 94086
Individually Owned
6-yr Hold
Free & Clear
Property ID
US09-0884038
For Lease
1 / 3
$21 SF/Yr
111 Uranium Dr, Sunnyvale, CA 94086
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1970
Construction
TILT-UP CONCRETE
Total area
126,788 SF
Lot
5.79 ac (252,215 SF)
Zoning code
MXD2
APN
216-27-047
UPID
US09-0884038
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
-
Iron Mountain Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$39.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.66M
Owner & transaction history
Rreef Cpif 111 Uranium Drive L · 6 yrs held
Rreef Cpif 111 Uranium Drive L
since 2019
5 recorded transactions
Zoning & alternative use
MXD2 · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$42,370,000
6.5%
$39,110,000
7%
$36,315,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$50,420,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$30.66M
Range $27.59M – $33.72M · ±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
$242 / 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
$575,242
Tax year 2024
Assessed value
$49,535,734
Assessed 2024
Previous assessed
$49,535,734
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$40,529,238
Assessed improvement
$9,006,496
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
For Lease
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
126,788 SF
Lot
5.79 ac (252,215 SF)
Zoning code
MXD2
APN
216-27-047
UPID
US09-0884038
Jurisdiction
SANTA CLARA
Zoning & alternative use
MXD2 · Sunnyvale, CA
Zoning MXD2 · permitted uses
MXD2 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$50.4M
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
5.79 ac
Current owner
From public records · entity-resolved
Rreef Cpif 111 Uranium Drive L
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
$46,200,000
Rreef Cpif 111 Uranium Drive L
Iron Mtn Information Mgmt LLC
Grant Deed
—
Dec 30, 2002
—
Iron Mountian Statutory Trust
Realty Assn Fund IV LP
Grant Deed
$96,000 · Bank Of Nova Scotia
Dec 31, 1996
—
Realty Associates Fund IV LP
Fayette Partners LP
Grant Deed
related
—
Jul 25, 1996
—
Fayette Partners LP
Lindsay Trust
Grant Deed
related
—
—
—
Dean Lindsa
—
Deed Of Trust
related
$2,250,000 · Confederation Life Insurance
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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