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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Sports & entertainment properties
1165 Arques Ave Sunnyvale, CA 94085-3904
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3317628
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2015
Construction
STEEL FRAME
Total area
45,046 SF
Lot
3.28 ac (142,877 SF)
Zoning code
MS
APN
205-24-013
UPID
US09-3317628
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
-
Shake Sum Cafe Sunnyvale Cafe & Coffee Shop
-
City Sports Club Gym & Fitness Center
-
Waterworks Swim School Sunnyvale Swimming School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$1.99M
Owner & transaction history
Exstra-arques LLC · 13 yrs held
Exstra-arques LLC
since 2013
4 recorded transactions
Zoning & alternative use
MS · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.1M
+83.3%
Apartment house (5+ units)
$2.3M
+34.2%
Warehouse, storage
$2.2M
+30.1%
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
$1,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,700,000
Current use
RETAIL STORES
$3,115,000
Change: +83% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,280,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,210,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,825,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±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
$44 / 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
$236,964
Tax year 2024
Assessed value
$20,187,085
Assessed 2024
Previous assessed
$20,187,085
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$6,554,334
Assessed improvement
$13,632,751
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
45,046 SF
Lot
3.28 ac (142,877 SF)
Zoning code
MS
APN
205-24-013
UPID
US09-3317628
Jurisdiction
SANTA CLARA
Zoning & alternative use
MS · Sunnyvale, CA
Zoning MS · permitted uses
MS · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.7M
RETAIL STORES
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
3.28 ac
Current owner
From public records · entity-resolved
Exstra-arques LLC
Entity
Mailing address
555 TWIN DOLPHIN DR STE #600, REDWOOD CITY, CA 94065-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2024
—
Exstra-arques LLC
—
Deed
related
$12,500,000 · Standard Insurance Co
Mar 29, 2013
$5,429,000
Exstra-arques LLC
Twc Storage LLC
Grant Deed
$11,000,000 · Housing Capital Co
Apr 29, 2005
—
Twc Storage LLC
Sunnyvale Community Services
Grant Deed
—
Nov 25, 1996
—
Advanced Mirco Devices INC
Advanced Mirco Devices INC
Quit Claim Deed
related
—
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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