Financial
Distress signals
Property profile

1900 Mccarthy Blvd Milpitas, CA 95035

FOR LEASE
Office buildings
Property ID
US10-3198058
80,970 SF 3.2 ac lot Built 1984
Last sale Jun 2016 · $12,301,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space situated in a corner location within Oak Creek Park, featuring extensive glass lines and covered parking. On-site amenities include a fitness center with shower facilities, and the site provides opportunities for monument signage. The location offers immediate access to Highway 880 and the Montague Expressway, with a jogging trail located across the street and various nearby amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$167k
Tax billed · 2024
Assessed value$14.28M
Assessed land$5.57M
Assessed improvement$8.71M
Effective rate1.17%

Value estimate

· Sep 2026
$21.99M
$19.79M – $24.18M
Submarket $/SF estimate$29.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$594/SF
County average, outlier-cleaned · 804 recorded sales of this use type
Observed band · Q1–Q3$295 – $964

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.1
Spa & Massage16.3
Hair Salon14.7

Location

1900 Mccarthy Blvd Milpitas, CA 95035
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1533 California, Milpitas, CA 95035-3023 $13,200,000 May 2025 26,976 SF
612 Main, Milpitas, CA 95035 $9,100,000 Aug 2023 29,520 SF
341 Great Mall, Milpitas, CA 95035-8008 $25,787,500 Jul 2023 55,458 SF
193 Topaz, Milpitas, CA 95035-5430 $5,230,000 Jan 2022 15,844 SF
1289 Park Victoria, Milpitas, CA 95035-6996 $4,921,000 Jan 2020 9,696 SF
500 Calaveras, Milpitas, CA 95035-7703 $9,000,000 Jun 2019 51,359 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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