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Property profile & analytics
FOR LEASE
Strip malls
15521 Union Ave Los Gatos, CA 95032
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0076187
For Lease
1 / 28
$625,000
15521 Union Ave, Los Gatos, CA 95032
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
4,200 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CI
APN
523-41-035
UPID
US09-0076187
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
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Donahue Schriber Realty Group · 9 yrs held
Donahue Schriber Realty Group
since 2016
7 recorded transactions
Zoning & alternative use
CI · Los Gatos, 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 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
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$34,657
Tax year 2024
Assessed value
$2,740,157
Assessed 2024
Previous assessed
$2,740,157
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,177,786
Assessed improvement
$1,562,371
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2001
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
4,200 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CI
APN
523-41-035
UPID
US09-0076187
Jurisdiction
SANTA CLARA
Zoning & alternative use
CI · Los Gatos, CA
Zoning CI · permitted uses
CI · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Donahue Schriber Realty Group
Entity
Mailing address
325 W WASHINGTON ST #2148, SAN DIEGO, CA 92103-1946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2016
—
Donahue Schriber Realty Group
Ds Downing LP
Grant Deed
$84,310,000 · Miscellaneous Ins Co
Nov 7, 2013
$11,475,000
Ds Downing LP
Ch Realty IV Of Downing LP
Trustees Deed
$11,818,238 · Donahue Schriber Realty Group
Jan 5, 2007
—
Ch Realty IV Of Downing
Malmin Hazel 1999 Trust
Grant Deed
$20,400,000 · Connecticut General Life Ins
Dec 26, 2006
—
Downing Dwayne F & L B Trust
Downing A H JR Living Trust
Quit Claim Deed
related
—
Jul 17, 2003
—
Hazel Malmin
Malmin,tor
Quit Claim Deed
related
—
Mar 29, 2000
—
Downing Trust
Downing,dwayne F & Barsanti
Quit Claim Deed
related
—
Dec 30, 1999
—
Downing Trust
—
Grant Deed
related
$70,000 · Cupertino National Bank
Oct 15, 1999
—
Malmin Trust
Malmin,hazel E
Quit Claim Deed
related
—
Dec 10, 1998
—
Dwayne Downing
Downing Trust
Quit Claim Deed
related
—
Dec 10, 1998
$1,050,000
Dwayne Downing
Downing,dave
Quit Claim Deed
related
—
Oct 14, 1997
—
Downing Trust
Downing,arthur H
Quit Claim Deed
related
—
—
—
Ds Downing LP
—
Loan Modification
$19,925,513 · Connecticut General Life Ins
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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