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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Retail space
114 Royce St Los Gatos, CA 95030-6040
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2428184
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
TILT-UP CONCRETE
Total area
5,650 SF
Lot
0.13 ac (5,805 SF)
Zoning code
C2
APN
529-04-026
UPID
US10-2428184
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
-
Central Coast Lavender Big Box & Wholesale Store
-
Magical Beginnings Butterfly Farms Event Planning Wedding Service
-
Roots Deep Healing Center Alternative Medicine Practice
-
Ashley Aesthetics Medical Clinic Skin Care Clinic
-
Sridhar Equities Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Royce St Mx LLC · 3 yrs held
Royce St Mx LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C2 · Los Gatos, 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 Los Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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
$1,185,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.29M (Oct 21 2022)
Last sale anchor
$1.29M
Oct 21 2022
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
$219 / 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
$2,278,134
Assessed 2023
Previous assessed
$2,233,465
+2.0% YoY
Assessed land
$535,666
Assessed improvement
$1,742,468
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Units
2
Total area
5,650 SF
Lot
0.13 ac (5,805 SF)
Zoning code
C2
APN
529-04-026
UPID
US10-2428184
Jurisdiction
SANTA CLARA
Zoning & alternative use
C2 · Los Gatos, CA
Zoning C2 · permitted uses
C2 · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Royce St Mx LLC
Entity
Mailing address
114 ROYCE ST STE G, LOS GATOS, CA 95030-6042
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
—
Royce St Mx LLC
Royce St Mx LLC
Intrafamily Transfer
related
$2,495,000 · First Republic Bank
Jul 24, 2018
—
Royce St Mx LLC
—
Deed
related
$1,710,000 · Luther Burbank Savings
Jun 30, 2017
—
Royce St Mx LLC
—
Deed
related
$901,900 · Richard Strock Profit Sharing Plan
Feb 7, 2017
—
Royce St Mx LLC
—
Deed
related
$2,660,000 · Private Individual
May 19, 2015
$1,292,000
Royce St Mx LLC
Hallway Partners LLC
Grant Deed
—
Feb 25, 2011
$487,000
Hallway Partners LLC
Lehman Fndg LLC
Grant Deed
—
Apr 7, 2010
$523,943
Lehman Funding LLC
Plm Lender Services INC
Trustees Deed
related
—
Nov 20, 2007
$2,000,000
114 Royce St LLC
Sims,alan & Zelda
Grant Deed
—
Jun 19, 1995
—
Alan Sims
Sims,alan
Quit Claim Deed
related
—
—
—
Hallway Partners LLC
—
Deed Of Trust
related
$1,100,000 · Private Individual
—
—
Hallway Partners LLC
—
Deed Of Trust
related
$2,000,000 · Richard Strock Psp
—
—
Royce St Mx LLC
—
Loan Modification
related
—
—
—
Royce St Mx LLC
—
Deed Of Trust
related
$2,660,000 · Private Individual
—
—
114 Royce St LLC
—
Deed Of Trust
related
$491,000 · Private Lender
—
—
Hallway Partners LLC
—
Deed Of Trust
related
$1,400,000 · Standard Insurance Co
—
—
114 Royce St LLC
—
Deed Of Trust
related
$912,000 · Kozel Stephen & S Living Trust
—
—
Lehman Fndg LLC
—
Deed Of Trust
related
$796,400 · Private Lender
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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