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Property profile & analytics
OFF-MARKET
Estimated value
$2,565,000
Life science properties
20400 Mariani Ave Cupertino, CA 95014-2036
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2310725
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1978
Construction
TILT-UP CONCRETE
Total area
103,910 SF
Lot
6.68 ac (290,980 SF)
Zoning code
P
APN
316-22-018
UPID
US09-2310725
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Apple INC · 4 yrs held
Apple INC
since 2021
6 recorded transactions
Zoning & alternative use
P · Cupertino, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
1.12 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$25 / 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
$1,771,409
Tax year 2024
Assessed value
$152,178,780
Assessed 2024
Previous assessed
$152,178,780
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$52,977,168
Assessed improvement
$99,201,612
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
103,910 SF
Lot
6.68 ac (290,980 SF)
Zoning code
P
APN
316-22-018
UPID
US09-2310725
Jurisdiction
SANTA CLARA
Zoning & alternative use
P · Cupertino, CAZoning P · permitted uses
P · Cupertino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
1.12 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
6.68 ac
Current owner
From public records · entity-resolved
Apple INC
Entity
Free & Clear · 4 yrs held
Mailing address
1 APPLE PARK WAYMS319-6R, CUPERTINO, CA 95014-0642
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
—
Apple INC
Baccarat Properties II LP
Grant Deed
—
Dec 24, 2012
$65,000,000
Mission West Properties LP II
Mission West Properties LP IV
Grant Deed
—
Dec 30, 2011
—
Mission West Properties LP IV
Mission West Properties LP I
Quit Claim Deed
—
Oct 14, 2004
—
Mission West Properties
Berg Family Partners
Grant Deed
$8,000,000 · Citicorp USA Corp
May 18, 1998
—
Berg Family Partners LP
Berg Trust
Quit Claim Deed
related
—
Mar 9, 1995
—
Berg Trust
Berg,nancy
Quit Claim Deed
related
—
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.
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