Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
157 Old Gilroy St Gilroy, CA 95020-6914
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3143105
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
2,268 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C1
APN
841-08-017
UPID
US10-3143105
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
-
Alicias Market (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Western Union Bank Credit Union
-
Orlandi Valuta Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$520k
Blend (final)
Blend
$700k
Owner & transaction history
Alicia Delena Mora · 2 yrs held
Alicia Delena Mora
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C1 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$805,000
+13.0%
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 Gilroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilroy 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Alternative Use
Use
Estimation
RETAIL STORES
$715,000
Current use
WAREHOUSE, STORAGE
$805,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Apr 2 2024)
Last sale anchor
$700k
Apr 2 2024
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
$309 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$333,207
Assessed 2023
Previous assessed
$333,207
+0.0% YoY
Assessed land
$122,985
Assessed improvement
$210,222
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Total area
2,268 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C1
APN
841-08-017
UPID
US10-3143105
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1 · Gilroy, CA
Zoning C1 · permitted uses
C1 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilroy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$805,000
OFFICE BUILDING
Est. value
$635,000
RETAIL STORES Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Alicia Delena Mora
Individual
Mailing address
856 MESCAL CT, SALINAS, CA 93905-4486
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$700,000
Alicia Delena Mora
Jose Franco
Grant Deed
$500,000 · David Drew Trust
Dec 31, 2003
—
Jose Franco
Franco,trinidad
Quit Claim Deed
related
$190,000 · Fernando A Jimenez
Dec 31, 2003
$215,000
Jose Franco
Jimenez,fernando A
Grant Deed
—
Sep 17, 1999
$250,000
Fernando A Jimenez
Reyes,robert
Trustees Deed
—
Sep 13, 1999
$250,000
Fernando A Jimenez
Reyes,robert
Trustees Deed
—
—
—
R. Reyes
—
Deed Of Trust
related
$2,000 · Gilroy Lumber Co
—
—
Jose Franco
—
Deed Of Trust
related
$400,000 · Giancola J & C M 1990 Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 157 Old Gilroy St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
