Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
Warehouses
17471 Farley W Rd Los Gatos, CA 95030-3308
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3361611
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
12,800 SF
Lot
0.45 ac (19,512 SF)
Zoning code
LM
APN
424-27-054
UPID
US09-3361611
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
-
The Storage Spot Los Gatos Storage Facility
-
Harmony Solar Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
$3.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.80M
Owner & transaction history
First Rodeo LLC · 2 yrs held
First Rodeo LLC
since 2024
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
LM · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.3M
+16.9%
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
$4,800,000
ML approach
$4,800,000
CAP Approach
CAP Return
Estimation
6%
$4,325,000
6.5%
$3,990,000
7%
$3,705,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,320,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,200,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±10% · vs last sale $4.80M (Jan 12 2024)
Last sale anchor
$4.80M
Jan 12 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
$375 / 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
$57,727
Tax year 2024
Assessed value
$5,045,940
Assessed 2024
Previous assessed
$5,045,940
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,425,348
Assessed improvement
$3,620,592
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
NONE
Units
192
Bathrooms
7
Total area
12,800 SF
Lot
0.45 ac (19,512 SF)
Zoning code
LM
APN
424-27-054
UPID
US09-3361611
Jurisdiction
SANTA CLARA
Zoning & alternative use
LM · Los Gatos, CA
Zoning LM · permitted uses
LM · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1985
Heating
NONE
Cooling
Yes
Units
192
Bathrooms
7
Lot
0.45 ac
Current owner
From public records · entity-resolved
First Rodeo LLC
Entity
Mailing address
17471 FARLEY RD W, LOS GATOS, CA 95030-3308
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
$4,800,000
First Rodeo LLC
Wsb Bungalows LLC
Grant Deed
—
Mar 14, 2022
$4,850,000
Wsb Bungalows LLC
Stimson Properties LLC
Grant Deed
$2,910,000 · First Republic Bank
Mar 14, 2022
—
First Republic Bank
Wsb Bungalows LLC
Assignment Of Lease (leasehold Sale)
—
Nov 10, 2021
—
Stimson Properties LLC
—
Deed
related
$1,550,000 · First Republic Bank
Nov 4, 2016
—
Stimson Properties LLC
Stimson Properties
Grant Deed
$1,850,000 · First Fidelity Bank NA
Oct 24, 2014
—
Stimson Properties LLC
Stimson Properties LLC
Quit Claim Deed
related
$1,381,111 · Meriwest Cu
Mar 13, 2006
—
Jeffrey V Bowles
Bowles & Waters
Quit Claim Deed
—
Mar 13, 2006
$1,760,000
Stimson Properties
Waters,mark H
Grant Deed
$1,416,850 · Meriwest Cu
Mar 13, 2006
$560,000
Jeffrey V Bowles
Bowles,jeffrey V
Grant Deed
related
—
Nov 4, 1988
$264,000
Bowles
Equity Perservat
Grant Deed
related
—
—
—
Bowles
—
Deed Of Trust
related
$712,500 · Wells Fargo Bank
—
—
M. Bashford
—
Deed Of Trust
related
$45,000 · Individual
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 17471 Farley W Rd?
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.
