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Property profile & analytics
OFF-MARKET Estimated value $5,750,000
Office buildings

193 Topaz St Milpitas, CA 95035-5430

15,844 SF 1.46 ac lot Built 1983
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0248809
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction TILT-UP CONCRETE
Total area 15,844 SF
Lot 1.46 ac (63,597 SF)
Zoning code M2
APN 086-39-006
UPID US09-0248809
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.12M
Blend (final) Blend
$5.75M
Owner & transaction history
Yong Ho Choi · 4 yrs held
Yong Ho Choi
since 2022
Last sale
$5.2M
7 recorded transactions
2022
Price N/A
2021
$5.2M
2021
Price N/A
2019
$4.8M
2016
Price N/A
2005
Price N/A
2005
Price N/A
Zoning & alternative use
M2 · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facilities for office, research, general manufacturing, warehousing and distribution, and other uses compatible with the Zone. C. Industrial Park (MP) Zone. The Industrial Park (MP) Zone is intended to accommodate, in a park- li…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 576.11 ac
Source Updated Zoning Ordinance Final
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