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Property profile & analytics
FOR LEASE
Retail space
160 Main St Los Altos, CA 94022
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3288341
For Lease
1 / 2
$60 SF/Yr
160 Main St, Los Altos, CA 94022
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
TILT-UP CONCRETE
Total area
3,774 SF
Lot
0.1 ac (4,320 SF)
Zoning code
CRS
APN
167-38-021
UPID
US10-3288341
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
-
Jim & Jimmy Nappo Real Estate Agency
-
The Bogard-Tanigami Team Real Estate Agency
-
Nisha Sharma, Realtor - The Agency Los Altos Real Estate Agency
-
Susan Sims Broker Associate | The Agency Los Altos Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.18M
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Heather L O'connor · 3 yrs held
Heather L O'connor
since 2022
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
CRS · Los Altos, 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 Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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
$2,110,000
ML approach
$2,180,000
CAP Approach
CAP Return
Estimation
6%
$1,700,000
6.5%
$1,570,000
7%
$1,455,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,725,000
Current use
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10% · vs last sale $2.30M (Oct 18 2022)
Last sale anchor
$2.30M
Oct 18 2022
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
$590 / 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
$31,786
Tax year 2024
Assessed value
$2,648,433
Assessed 2024
Previous assessed
$2,648,433
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,414,821
Assessed improvement
$1,233,612
Applied tax rate
11.0000
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
For Lease
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,774 SF
Lot
0.1 ac (4,320 SF)
Zoning code
CRS
APN
167-38-021
UPID
US10-3288341
Jurisdiction
SANTA CLARA
Zoning & alternative use
CRS · Los Altos, CA
Zoning CRS · permitted uses
CRS · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.7M
RETAIL STORES Current
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
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Heather L O'connor
Individual
Free & Clear · 3 yrs held
Mailing address
3000 SAND HL RD STE 1-250, MENLO PARK, CA 94025-7171
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
—
Heather L O'connor
Heather L O'connor
Intrafamily Transfer
related
—
Aug 30, 2007
—
Oconnor Amy C Living Trust
Oconnor,amy C
Quit Claim Deed
related
—
Apr 28, 2005
—
Oconnor G & J Trust
Oconnor,gregory M
Quit Claim Deed
related
—
Mar 17, 2004
$2,300,000
Oconnor,tr
Jones,leroy M & Maureen D
Grant Deed
—
Mar 17, 2004
—
Leroy M Jones
All Horizons Travel INC
Quit Claim Deed
related
—
Jun 29, 2001
$1,200,000
Leroy M Jones
W G Eustico Estate
Grant Deed
$600,000 · Comerica Bank California
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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