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Property profile & analytics
OFF-MARKET
Estimated value
$20,850,000
Life science properties
1501 Mccarthy Blvd Milpitas, CA 95035-7420
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3234122
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1983
Construction
TILT-UP CONCRETE
Total area
139,508 SF
Lot
9.42 ac (410,335 SF)
Zoning code
MIS
APN
083-31-006
UPID
US10-3234122
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
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Aivres Sales Center Factory Production Facility
-
新公司 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.85M
Owner & transaction history
Betapex INC · 2 yrs held
Betapex INC
since 2023
Last sale
$28.5M
7 recorded transactions
Zoning & alternative use
MIS · 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
$27,595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.85M
Range $18.77M – $22.94M · ±10% · vs last sale $28.51M (Nov 16 2023)
Last sale anchor
$28.51M
Nov 16 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
$149 / 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
$638,139
Tax year 2024
Assessed value
$55,000,000
Assessed 2024
Previous assessed
$55,000,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$34,875,000
Assessed improvement
$20,125,000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
139,508 SF
Lot
9.42 ac (410,335 SF)
Zoning code
MIS
APN
083-31-006
UPID
US10-3234122
Jurisdiction
SANTA CLARA
Zoning & alternative use
MIS · Milpitas, CA
Zoning MIS · permitted uses
MIS · 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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
9.42 ac
Current owner
From public records · entity-resolved
Betapex INC
Entity
Mailing address
1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
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
Nov 16, 2023
—
Betapex INC
Inspur Asset Holdings INC
Intrafamily Transfer
related
—
Jan 13, 2021
—
Inspur Asset Holdings INC
—
Deed
related
—
Dec 16, 2019
—
Insour Asset Holdings INC
—
Deed
related
$600,000 · East West Bank
Sep 25, 2018
$28,509,000
Inspur Asset Holdings INC
Sb Lgp 1501 Mccarthy Blvd LLC
Grant Deed
$18,000,000 · East West Bank
Apr 20, 2017
—
Sb/lgp 1501 Mccarthy Blvd LLC
—
Deed
related
$13,888,608 · Stockridge Value Fund II Holdings LLC
Mar 20, 2014
$11,614,000
Sb & Lgp 1501 Mccarthy Blvd LLC
Jd Molex 1 LLC
Grant Deed
—
Jul 29, 2004
—
J D Molex One LLC
Limar Realty Corp 4
Grant Deed
$2,900,000 · California Bank & Trust
Oct 26, 1993
$4,400,000
Limar Realty Corp
Prudential Insur
Grant Deed
$10,440,000 · Prudential Insurance Of Americ
—
—
Sb & Lgp 1501 Mccarthy Blvd LLC
—
Deed Of Trust
related
$16,839,481 · Ab Commercial Real Estate Debt
—
—
Inspur Asset Holdings INC
—
Loan Modification
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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