New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,415,000
Warehouses
133 Bothelo Ave Milpitas, CA 95035-5325
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-1421261
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
85,398 SF
Lot
5.37 ac (233,917 SF)
Zoning code
I
APN
086-26-030
UPID
US09-1421261
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Preston Pipelines Corporate Office
-
SemaConnect Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.42M
Owner & transaction history
Preston,michael D Trust · 11 yrs held
Preston,michael D Trust
since 2014
7 recorded transactions
Zoning & alternative use
I · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$134 / 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
$6,815,861
Assessed 2023
Previous assessed
$6,776,717
+0.6% YoY
Assessed land
$761,487
Assessed improvement
$6,054,374
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Total area
85,398 SF
Lot
5.37 ac (233,917 SF)
Zoning code
I
APN
086-26-030
UPID
US09-1421261
Jurisdiction
SANTA CLARA
Zoning & alternative use
I · Milpitas, CA
Zoning I · permitted uses
I · Milpitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milpitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Lot
5.37 ac
Current owner
From public records · entity-resolved
Preston,michael D Trust
Trust
Mailing address
1889 DRY CRK RD, CAMPBELL, CA 95008-3600
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Michael Darold Preston
—
Deed
related
$8,000,000 · Heritage Bank Of Commerce
Jun 3, 2019
—
Preston,michael D Trust
—
Deed
related
$3,526,336 · Heritage Bk/commerce
Jul 17, 2014
—
Preston,michael D Trust
Kb Home South Bay INC
Quit Claim Deed
related
—
May 5, 2003
—
Preston,tr
Preston,michael D
Quit Claim Deed
related
—
Jun 30, 1995
—
Michael D Preston
Southern Pacific Transportatio
Grant Deed
related
—
—
—
Preston,michael D Trust
—
Loan Modification
related
$3,781,000 · Focus Busn Bk
—
—
Preston Family Trust
—
Deed Of Trust
related
—
—
—
Michael D Preston
—
Deed Of Trust
related
$5,250,000 · Security Life Of Denver Ins Co
—
—
Preston Michael D Trust
—
Deed Of Trust
related
$2,300,000 · Kb Home South Bay INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 133 Bothelo Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
