You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $395,000
Office buildings

217 Dempsey Rd Milpitas, CA 95035-5545

674 SF 0.02 ac lot Built 1982
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2993757
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction TILT-UP CONCRETE
Total area 674 SF
Lot 0.02 ac (674 SF)
Zoning code CO
APN 088-01-035
UPID US09-2993757
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
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k
Owner & transaction history
Dempsey Road LLC · 13 yrs held
Dempsey Road LLC
since 2012
4 recorded transactions
2024
Price N/A
2012
$1.3M
2002
Price N/A
1998
$1.1M
Zoning & alternative use
CO · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A. Administrative and Professional Office (CO) Zone. The Administrative and Professional Office (CO) Zone is intended to provide areas for medical, business, and professional offices, and medical and dental clinics. B. Neighborhood Commercial (C1) Zone. The Neighborhood Commercial ( C1 Zone) is intended to provide for general commercial needs of neighborhood…

Zone name Administrative And Professional Office
General category COMMERCIAL
Zone area 7.32 ac
Source Updated Zoning Ordinance Final
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 217 Dempsey Rd?
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 →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message