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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Grocery and convenience stores
24193 Smt Rd, Los Gatos, CA 95033
Individually Owned
35-yr Hold
~
Est. High Equity
Property ID
US09-1629369
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1992
Construction
WOOD
Total area
5,474 SF
Lot
3.93 ac (171,234 SF)
Zoning code
C-1,RA
APN
096-171-46
UPID
US09-1629369
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
$1.94M
Blend (final)
Blend
$1.52M
Owner & transaction history
Darrell K Osborn · 35 yrs held
Darrell K Osborn
since 1991
6 recorded transactions
Zoning & alternative use
C-1,RA · Los Gatos, 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 Los Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$277 / 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
$13,502
Tax year 2024
Assessed value
$910,212
Assessed 2024
Previous assessed
$910,212
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$353,559
Assessed improvement
$556,653
Applied tax rate
79.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
5,474 SF
Lot
3.93 ac (171,234 SF)
Zoning code
C-1,RA
APN
096-171-46
UPID
US09-1629369
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-1,RA · Los Gatos, CA
Zoning C-1,RA · permitted uses
C-1,RA · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
3.93 ac
Current owner
From public records · entity-resolved
Darrell K Osborn
Individual
Mailing address
24197 SMT RD, LOS GATOS, CA 95033-9237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1991
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
Apr 3, 1991
—
Darrell K Osborn
Jeske,donald R
Grant Deed
$362,500 · Seller
May 17, 1990
$33,500
Darrell K Osborn
Bergensen,john E
Grant Deed
—
—
—
Darrell K Osborn
—
Deed Of Trust
related
$960,000 · Comerica Bank
—
—
Darrell K Osborn
—
Deed Of Trust
related
$960,000 · Comerica Bank
—
—
Darrell K Osborn
—
Deed Of Trust
related
$411,100 · Us Small Business Admn
—
—
Keith Osborn
—
Deed Of Trust
related
$340,000 · California Banking Corp
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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