Realmo Analytics

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Financial
Distress signals
Property profile

135 N Mccarthy Blvd Milpitas, CA 95035

FOR LEASE
Life science properties
Property ID
US09-2674400
174,483 SF 2.06 ac lot Built 2001
Last sale Jul 2019 · $70,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$243k
Tax billed · 2024
Assessed value$20.75M
Assessed land$3.80M
Assessed improvement$16.95M
Effective rate1.17%

Value estimate

· Oct 2026
$2.21M
$1.99M – $2.43M
NOI build-up
Gross scheduled income$6.00M
Vacancy & credit loss−$977k
Operating expenses−$1.25M
NOI · 115,820,461.54% cap applied$3.76M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$571/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$265 – $941
Qualifying comparables3

Cap rate analysis

How does the asset earn?
115,820,461.54%
$3.76M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MP
C. Industrial Park (MP) Zone. The Industrial Park (MP) Zone is intended to accommodate, in a park- like setting, a limited group of resea...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.5
Law Firm11.4
Auto Repair Shop10.6

Location

135 N Mccarthy Blvd Milpitas, CA 95035
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1501 Mccarthy, Milpitas, CA 95035-7420 $28,509,000 Nov 2023 139,508 SF
951 Sandisk, Milpitas, CA 95035-7933 $192,450,000 Sep 2023 172,103 SF
1140 Bellew, Milpitas, CA 95035 $192,450,000 Sep 2023 155,265 SF
991 Sandisk, Milpitas, CA 95035 $192,450,000 Sep 2023 101,253 SF
1001 Milpitas, Milpitas, CA 95035-6314 $123,000,000 Oct 2021 143,242 SF
1565 Barber, Milpitas, CA 95035-7409 $41,100,000 Mar 2020 102,816 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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