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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Office buildings
1115 Park Victoria Dr Milpitas, CA 95035-6942
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3034615
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
1,579 SF
Lot
0.08 ac (3,528 SF)
Zoning code
MI
APN
088-36-051
UPID
US09-3034615
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
-
Amherst Dentistry Dental Office
-
Dr. Ching Hsin Wong Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$430k
Owner & transaction history
Wong,w S & C H Living Trust · 6 yrs held
Wong,w S & C H Living Trust
since 2020
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
MI · Milpitas, 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 Milpitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milpitas 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
$430,000
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$430k
Range $387k – $473k · ±10% · vs last sale $340k (Jun 30 2020)
Last sale anchor
$340k
Jun 30 2020
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
$272 / 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
$4,941
Tax year 2024
Assessed value
$400,608
Assessed 2024
Previous assessed
$400,608
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$229,761
Assessed improvement
$170,847
Applied tax rate
12.0000
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
Off-Market
Year built
1979
Heating
NONE
Total area
1,579 SF
Lot
0.08 ac (3,528 SF)
Zoning code
MI
APN
088-36-051
UPID
US09-3034615
Jurisdiction
SANTA CLARA
Zoning & alternative use
MI · Milpitas, CAZoning MI · permitted uses
MI · Milpitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Wong,w S & C H Living Trust
Trust
Mailing address
10431 PRUNE TREE LN, CUPERTINO, CA 95014-2022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 30, 2020
—
Wong,w S & C H Living Trust
Wei-ning Shen
Quit Claim Deed
related
—
Nov 21, 2014
$340,000
Wei-ning Shen
Camillo & Salazar-camillo Livi
Grant Deed
—
May 23, 2011
—
Camillo F S & S C J Trust
Camillo,franklin S & Celina S
Quit Claim Deed
related
—
Aug 23, 1999
—
Camillo Trust
Camillo,franklin S & Celina J
Quit Claim Deed
related
—
Apr 3, 1998
—
Alex H Wong
Wong,alex H
Quit Claim Deed
related
—
Jan 23, 1998
—
Alex H Wong
Wong,yvonne T
Quit Claim Deed
related
—
Jan 23, 1998
$170,000
Wong,alex H
Pacheco & Associates Park Vict
Trustees Deed
$148,500 · Bank Of Santa Clara
—
—
Camillo F S & S J Trust
—
Deed Of Trust
related
$100,000 · Bank Of The West
—
—
Camillo F S Living
—
Deed Of Trust
related
$381,287 · Bank Of The West
—
—
Camillo F S Living
—
Deed Of Trust
related
$341,235 · Bank Of The West
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.
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