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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Office buildings
14981 National Ave Ste 5 Los Gatos, CA 95032-2600
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2510199
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
2,041 SF
Lot
0.09 ac (4,031 SF)
Zoning code
O
APN
424-10-092
UPID
US09-2510199
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Imagin Air 2 LLC · 3 yrs held
Imagin Air 2 LLC
since 2023
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
O · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
please choose from the following options: HR Zone : Hillside Residential Zone R-1 Zone : Residential Zone R-1D Zone : Downtown Residential Zone R-D Zone : Residential Duplex Zone R-M Zone : Multi-Family Residential Zone O Zone : Office Zone C-1 Zone : Neighborhood Commercial Zone C-2 Zone : Central Business District Commercial Zone CH Zone : Restricted Highw…
Zone name
Office
General category
COMMERCIAL
Zone area
84.28 ac
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
$1,260,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
$1,275,000
6.5%
$1,180,000
7%
$1,095,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Mar 3 2023)
Last sale anchor
$1.25M
Mar 3 2023
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
$615 / 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
$16,310
Tax year 2024
Assessed value
$1,275,000
Assessed 2024
Previous assessed
$1,275,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$637,500
Assessed improvement
$637,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Units
1
Total area
2,041 SF
Lot
0.09 ac (4,031 SF)
Zoning code
O
APN
424-10-092
UPID
US09-2510199
Jurisdiction
SANTA CLARA
Zoning & alternative use
O · Los Gatos, CAZoning O · permitted uses
O · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
please choose from the following options: HR Zone : Hillside Residential Zone R-1 Zone : Residential Zone R-1D Zone : Downtown Residential Zone R-D Zone : Residential Duplex Zone R-M Zone : Multi-Family Residential Zone O Zone : Office Zone C-1 Zone : Neighborhood Commercial Zone C-2 Zone : Central Business District Commercial Zone CH Zone : Restricted Highway Commercial Zone CM Zone : Controlled Manufacturing Zone LM Zone : Commercial-I
Zone name
Office
General category
COMMERCIAL
Zone area
84.28 ac
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Imagin Air 2 LLC
Entity
Mailing address
15466 LOS GATOS BLVD STE #109, LOS GATOS, CA 95032-2550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 3, 2023
$1,250,000
Imagin Air 2 LLC
Samsa LLC
Grant Deed
$875,000 · Pinncacle Bank
Jul 8, 2019
$1,200,000
Samsa LLC
Suresh Mahawer
Grant Deed
$500,000 · Wells Fargo Bank NA
May 11, 2012
$650,000
Suresh Mahawar
Chappell Family Trust
Grant Deed
$535,000 · Pan Pacific Bank
Jul 9, 2008
—
Chappell Family Trust
Chappell,dick L
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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