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Property profile & analytics
OFF-MARKET
Estimated value
$3,200,000
Retail space
1689 Wolfe Rd Sunnyvale, CA 94087-4857
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3064870
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Construction
TILT-UP CONCRETE
Total area
3,300 SF
Lot
0.36 ac (15,609 SF)
Zoning code
C1/PD
APN
309-51-028
UPID
US09-3064870
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
-
Wolfe Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Western Union Bank Credit Union
-
Discount Porta Potty Rental Sunnyvale Building Supply
-
Pageboy Cleaners & Alteration (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$3.20M
Owner & transaction history
Gawfco Enterprises LLC · 1 yrs held
Gawfco Enterprises LLC
since 2024
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
C1/PD · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.4M
+82.0%
Office building
$2.1M
+11.7%
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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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
$3,200,000
ML approach
$3,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,390,000
Change: +82% · Conversion: Moderate
OFFICE BUILDING
$2,080,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±10% · vs last sale $3.20M (Sep 5 2024)
Last sale anchor
$3.20M
Sep 5 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
$970 / 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
$31,843
Tax year 2024
Assessed value
$2,730,786
Assessed 2024
Previous assessed
$2,730,786
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$2,645,451
Assessed improvement
$85,335
Applied tax rate
9.0000
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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
3,300 SF
Lot
0.36 ac (15,609 SF)
Zoning code
C1/PD
APN
309-51-028
UPID
US09-3064870
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1/PD · Sunnyvale, CA
Zoning C1/PD · permitted uses
C1/PD · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Gawfco Enterprises LLC
Entity
Mailing address
3669 MT DIABLO BLVD STE #280, LAFAYETTE, CA 94549-3739
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
$3,200,000
Gawfco Enterprises LLC
Psr Development INC
Grant Deed
—
Mar 25, 2022
—
Psr Development INC
—
Deed
related
$1,250,000 · First Commercial Bank
Apr 18, 2017
$2,400,000
Psr Development INC
Ascend Investments LLC
Grant Deed
$600,000 · Ctbc Bank Corp USA
May 15, 2015
$1,900,000
Ascend Investments LLC
Garfel Corp
Grant Deed
—
Feb 8, 2008
—
Garfel Corp
Felizardo,francisco & Erlinda
Grant Deed
—
—
—
Garfel Corp
—
Deed Of Trust
related
$350,000 · Private Lender
—
—
Garfel Corp
—
Deed Of Trust
related
$60,000 · Pradeep & Hansa Shah
—
—
Ascend Investments LLC
—
Deed Of Trust
related
$450,000 · Bank Of The West
—
—
Francisco Felizardo
—
Deed Of Trust
related
$350,000 · Liynaldo L & Rebecca D Quedado
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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