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Property profile & analytics
OFF-MARKET
Estimated value
$5,085,000
Parking lots & garages
1500 Country Clb Dr Milpitas, CA 95035-3456
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3349365
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.53 ac (23,069 SF)
Zoning code
R1-H
APN
029-35-015
UPID
US09-3349365
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
-
Restaurant Summitpointe Golf Restaurant
-
Bay View Golf Club Restaurant
-
Silicon Valley Golf Performance Center- Summitpointe Golf Instructor
-
Combinations PLNTV.2 Land Planning Authority
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.09M
Owner & transaction history
Bay View Golf Club LLC · 3 yrs held
Bay View Golf Club LLC
since 2023
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
R1-H · 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
Method
Estimation
Statistic approach
$4,935,000
ML approach
$5,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.09M
Range $4.58M – $5.59M · ±10% · vs last sale $5.10M (Feb 6 2023)
Last sale anchor
$5.10M
Feb 6 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
—
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
$1,205
Tax year 2024
Assessed value
$60,148
Assessed 2024
Previous assessed
$60,148
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$54,681
Assessed improvement
$5,467
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Bathrooms
2
Lot
0.53 ac (23,069 SF)
Zoning code
R1-H
APN
029-35-015
UPID
US09-3349365
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1-H · Milpitas, CA
Zoning R1-H · permitted uses
R1-H · 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
Heating
NONE
Bathrooms
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Bay View Golf Club LLC
Entity
Mailing address
1500 COUNTRY CLB DR, MILPITAS, CA 95035-3456
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
—
Bay View Golf Club LLC
Bay View Golf Club LLC
Intrafamily Transfer
related
—
Jun 25, 2019
$5,100,000
Acadya Realty Investment LLC
Agc Realty LLC
Grant Deed
—
Jul 15, 2016
$2,451,500
Agc Realty LLC
Ngp Realty Sub LP
Grant Deed
$102,000,000 · Miscellaneous Ins Co
Sep 27, 2011
—
Ngp Realty Sub LP
National Golf Operating Ptshp
Grant Deed
—
Jul 2, 2002
—
National Golf Operating Ptshp
—
Deed Of Trust
related
$50,000,000 · Bny Midwest Trust Co Trustee
Feb 18, 1994
$7,000,000
National Golf Operating Ptshp
Summitpointe Gol
Grant Deed
—
—
—
Ngp Realty Sub LP
—
Deed Of Trust
related
$109,000,000 · General Electric Capital Corp
—
—
Ngp Realty Sub LP
—
Deed Of Trust
related
$105,600,000 · General Electric Capital Corp
—
—
Ngp Realty Sub LP
—
Deed Of Trust
related
$650,000 · Gmac Commercial Mortgage Corp
—
—
Summitpointe Gul
—
Deed Of Trust
related
$8,000,000 · Itoman America
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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