Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1202 Arques Ave Sunnyvale, CA 94085-5401

    • Office buildings
    • 4,871 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimations
    $1,335,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2655715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Loan Service
    • Wells Fargo ATM / Atm
    • Wells Fargo Advisors / Financial Advisor

    Property Details for 1202 Arques Ave

    Year built
    1976
    Construction
    TILT-UP CONCRETE
    Lot size
    0.96 lot acres
    Property size
    4,871 SF
    Zone code
    M1
    Property type
    Office buildings
    APN
    216-56-001
    APU
    21656001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,925,000
      6.5%
      $1,775,000
      7%
      $1,650,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyvale
    County
    Santa Clara
    State
    California
    Longitude
    -121.995
    Latitude
    37.3798
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,488
    $1,229,582
    $384,235
    $1,613,817
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      139,700 SF

      655 Palomar Ave, Unit B3

      OFFICE BUILDING • 139,700 SF
      655 Palomar Ave, Sunnyvale, CA 94085-2913
      View Details
    • Value Estimation
      $45,410,000
      124,640 SF

      580 Mary Ave

      OFFICE BUILDING • 124,640 SF
      580 Mary Ave, Sunnyvale, CA 94085-2904
      View Details
    • Value Estimation
      $8,670,000
      23,340 SF

      815 Maude Ave

      OFFICE BUILDING • 23,340 SF
      815 Maude Ave, Sunnyvale, CA 94085-2911
      View Details
    • Value Estimation by Request
      777,100 SF

      222 Wolfe Rd

      OFFICE BUILDING • 777,100 SF
      222 Wolfe Rd, Sunnyvale, CA 94085-4510
      View Details
    • Value Estimation by Request
      1,571 SF

      1210 Arques Ave Ste, Unit 215

      OFFICE BUILDING • 1,571 SF
      1210 Arques Ave Ste, Sunnyvale, CA 94085-5422
      View Details
    • Value Estimation
      $7,450,000
      36,547 SF

      1263 Arques Ave

      OFFICE BUILDING • 36,547 SF
      1263 Arques Ave, Sunnyvale, CA 94085-4701
      View Details

    Similar Nearby for Sale

    • $16,500,000
      23,240 SF

      Class A Office Building

      Three-story office building in Perry Park, Sunnyvale.
      815 W Maude Ave, Sunnyvale, CA 94085
      View Details
    • $2,150,000
      2,524 SF

      Sunnyvale Medical Office Building

      Prime Medical Office Space, 2,524 SF
      1210 Arques Ave, Sunnyvale, CA 94085
      View Details
    • $2,099,999
      4,101 SF

      Sunnyvale Multi-Family Investment Opportunity

      Six-unit property, prime Sunnyvale location, strong rental income.
      538 Columbia Ave, Sunnyvale, CA 94085
      View Details
    • $2,000,000
      2,940 SF

      Sunnyvale Multifamily Investment Opportunity

      Seven-unit apartment community in a desirable Silicon Valley location.
      675 Johanna Ave, Sunnyvale, CA 94085
      View Details
    • $4,799,999

      Restaurant Buildings in Central Location

      Two restaurant buildings with high visibility and foot traffic.
      511 Borregas Ave, Sunnyvale, CA 94085
      View Details
    • $2,995,000
      4,308 SF

      Sunnyvale 8-Unit Commercial Property

      Prime Sunnyvale location, 8-unit income property, recent upgrades.
      527 Taylor Ave, Sunnyvale, CA 94085
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,311 SF

      Freestanding Office/R&D Building Available

      Move-in ready office/R&D building with high-end interiors and amenities.
      674-680 W Maude Ave, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      71,929 SF

      Sunnyvale Office Space Available

      Office building with dock high loading and ample parking.
      1188 E Arques Ave, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      20,862 SF

      Downtown Sunnyvale Office Building For Lease

      Stand-alone building in prime Sunnyvale location near Cityline.
      440-444 S Mathilda Ave, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      71,929 SF

      Office Building with Dock Loading

      Office building featuring dock high loading and outdoor amenity space.
      1198 E Arques Ave, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      5,376 SF

      Sunnyvale Office Suite with Balcony

      Second-floor office suite with lake views and private balcony.
      1279-1299 Oakmead Pkwy, Sunnyvale, CA 94085
      View Details
    • Sponsored
      New
      Contact for pricing

      710 Lakeway Dr.

      Discover many ways to work your way in 33 W. Franklin St.
      710 Sunnyvale Ave, Sunnyvale, CA 94085
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1202 Arques Ave
    Sunnyvale, CA 94085-5401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!