New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Industrial properties
1813 Houret Ct Milpitas, CA 95035-6823
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2416653
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1982
Construction
TILT-UP CONCRETE
Total area
3,280 SF
Lot
0.07 ac (3,212 SF)
Zoning code
M2
APN
086-41-024
UPID
US10-2416653
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
-
D & D Precision Grinding Industrial Manufacturer
-
Madgett Enterprises Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$358k
Blend (final)
Blend
$525k
Owner & transaction history
Dat Tai Truong · 3 yrs held
Dat Tai Truong
since 2022
Last sale
$548,000
7 recorded transactions
Zoning & alternative use
M2 · Milpitas, 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 Milpitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milpitas 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
$515,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $548k (Dec 2 2022)
Last sale anchor
$548k
Dec 2 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
$160 / 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
$8,411
Tax year 2024
Assessed value
$705,680
Assessed 2024
Previous assessed
$705,680
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$347,689
Assessed improvement
$357,991
Applied tax rate
12.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
2
Total area
3,280 SF
Lot
0.07 ac (3,212 SF)
Zoning code
M2
APN
086-41-024
UPID
US10-2416653
Jurisdiction
SANTA CLARA
Zoning & alternative use
M2 · Milpitas, CA
Zoning M2 · permitted uses
M2 · Milpitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milpitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Dat Tai Truong
Individual
Mailing address
3135 CORBY DR, SAN JOSE, CA 95148-3653
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
—
Dat Tai Truong
Dat Tai Truong
Intrafamily Transfer
related
—
Jan 9, 2008
$548,000
Dat Truong
Madgett,gary V
Grant Deed
—
Aug 14, 1996
—
Gary V Madgett
Madgett,gary V & Anna
Quit Claim Deed
related
—
Oct 2, 1990
$269,000
Evangel Figueroa
Cupertino Capita
Grant Deed
$239,000 · Truckee River Bank
May 1, 1990
$247,000
Manh Nguyen
Cupertino Capita
Grant Deed
$185,000 · Individual
Apr 12, 1990
$264,000
Roy The
Equity Preservat
Grant Deed
$188,000 · Individual
Mar 20, 1990
$262,000
Gary Madgett
Cupertino Capita
Grant Deed
$183,000 · Individual
Feb 13, 1990
$244,000
Monte Vist Assoc
Cupertino Capita
Grant Deed
$44,000 · Cupertino Capita
Nov 30, 1989
$384,000
Alan Balcunas
Cupertino Capita
Grant Deed
$268,000 · Cupertino Capita
Sep 28, 1989
$211,000
Monte Vista Asso
Equity Preservat
Grant Deed
$105,000 · Individual
—
—
Gary V Madgett
—
Deed Of Trust
related
$167,000 · Wells Fargo Bank
—
—
Balcunas A.
—
Deed Of Trust
related
—
—
—
Dat Truong
—
Deed Of Trust
related
$50,000 · Oceanic Bank
—
—
Dat Truong
—
Deed Of Trust
related
$170,000 · Oceanic Bank
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 1813 Houret Ct?
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.
