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Property profile & analytics
OFF-MARKET
Estimated value
$3,710,000
Office buildings
1500 Los Padres Blvd Santa Clara, CA 95050-4462
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3025699
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
5,217 SF
Lot
0.48 ac (20,914 SF)
Zoning code
OA
APN
290-08-129
UPID
US09-3025699
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
-
DIAMOND DENTAL CARE Dental Office
-
Renascent Dental Office
-
Joong seop sok dds Dental Office
-
David C. Adams, DC Alternative Medicine Practice
-
DEBUIL construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.71M
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$3.92M
Blend (final)
Blend
$3.71M
Owner & transaction history
Rs Investment LLC · 4 yrs held
Rs Investment LLC
since 2021
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
OA · Santa Clara, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.4M
+88.0%
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 Santa Clara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clara 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
$3,720,000
ML approach
$3,710,000
CAP Approach
CAP Return
Estimation
6%
$2,925,000
6.5%
$2,700,000
7%
$2,510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,850,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,360,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$2,805,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$3.71M
Range $3.34M – $4.08M · ±10% · vs last sale $3.70M (Dec 16 2021)
Last sale anchor
$3.70M
Dec 16 2021
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
$711 / 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
$30,471
Tax year 2024
Assessed value
$2,593,247
Assessed 2024
Previous assessed
$2,593,247
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$928,607
Applied tax rate
7.0000
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
1964
Heating
NONE
Stories
1
Total area
5,217 SF
Lot
0.48 ac (20,914 SF)
Zoning code
OA
APN
290-08-129
UPID
US09-3025699
Jurisdiction
SANTA CLARA
Zoning & alternative use
OA · Santa Clara, CA
Zoning OA · permitted uses
OA · Santa Clara, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clara. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.4M
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Rs Investment LLC
Entity
Mailing address
13914 CAMINO BARCO, SARATOGA, CA 95070-5661
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$3,700,000
Rs Investment LLC
Susan L Overdevest
Grant Deed
$2,200,000 · Heritage Bank Of Commerce
Dec 18, 2020
—
Overdevest,susan Trust
Susan L Overdevest
Quit Claim Deed
related
—
Jan 5, 2006
—
Velazquez H & D 1986 Trust
Velazquez,herman M
Quit Claim Deed
related
—
Nov 6, 1995
—
Velazquez Trust
Velazquez Trust
Quit Claim Deed
related
—
Jun 9, 1995
—
Herman Velazquez
John R Velazquez Estate
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.
Try Rey
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