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Property profile & analytics
FOR LEASE
Office buildings
20245 Stevens Creek Blvd Cupertino, CA 95014
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2945053
For Lease
1 / 2
$5,025,000
20245 Stevens Creek Blvd, Cupertino, CA 95014
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
TILT-UP CONCRETE
Total area
9,941 SF
Lot
0.63 ac (27,443 SF)
Zoning code
PCR
APN
316-25-043
UPID
US09-2945053
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
by Request
CAP Approach
CAP
$5.74M
Comparable Approach
Comparable
$3.93M
Blend (final)
Blend
$5.03M
Owner & transaction history
Fumao Holding Corp · 10 yrs held
Fumao Holding Corp
since 2016
7 recorded transactions
Zoning & alternative use
PCR · Cupertino, 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 Cupertino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cupertino 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,215,000
6.5%
$5,740,000
7%
$5,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,710,000
Current use
Blend value · Realmo final
$5.03M
Range $4.52M – $5.53M · ±10%
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
$505 / 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
$106,058
Tax year 2024
Assessed value
$8,969,002
Assessed 2024
Previous assessed
$8,969,002
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,725,478
Assessed improvement
$5,243,524
Applied tax rate
13.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
4
Total area
9,941 SF
Lot
0.63 ac (27,443 SF)
Zoning code
PCR
APN
316-25-043
UPID
US09-2945053
Jurisdiction
SANTA CLARA
Zoning & alternative use
PCR · Cupertino, CA
Zoning PCR · permitted uses
PCR · Cupertino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cupertino. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.7M
OFFICE BUILDING Current
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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Lot
0.63 ac
Current owner
From public records · entity-resolved
Fumao Holding Corp
Entity
Mailing address
5674 SONOMA DR, PLEASANTON, CA 94566-8102
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2016
$7,728,000
Fumao Holding Corp
Cupertino Holdings LLC
Grant Deed
—
Dec 18, 2012
$4,800,000
Cupertino Holdings LLC
Cupertino Plaza Professional
Grant Deed
$3,100,000 · Exchange Bank
Mar 5, 2012
$272,500
Plaza Cupertino
Tersini K S Family Trust
Grant Deed
—
Sep 21, 2001
—
Tersini Trust
Tersini,kenneth S
Quit Claim Deed
related
$2,000,000 · Washington Mutual Fsb
Sep 14, 2001
—
Kenneth S Tersini
Fre Eleven LLC
Grant Deed
related
—
Dec 15, 2000
—
Fre Eleven LLC
Ancell,ivan D & Mary Z
Grant Deed
$3,230,000 · Individual
May 3, 1991
$475,000
Ivan Ancell
Marocco,w.
Grant Deed
related
—
—
—
Plaza Professional B Cupertino
—
Deed Of Trust
related
$2,362,500 · Heritage Bank Of Commerce
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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