Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,265,000
Industrial properties
2424 Walsh Ave Santa Clara, CA 95051-1303
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2995806
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1977
Construction
TILT-UP CONCRETE
Total area
30,131 SF
Lot
2.04 ac (88,862 SF)
Zoning code
ML
APN
216-28-109
UPID
US10-2995806
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
$7.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.27M
Owner & transaction history
Dp Ventures LLC · 1 yrs held
Dp Ventures LLC
since 2025
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
ML · Santa Clara, 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 Santa Clara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clara 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%
$8,380,000
6.5%
$7,735,000
7%
$7,185,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,565,000
Current use
Blend value · Realmo final
$6.27M
Range $5.64M – $6.89M · ±10% · vs last sale $7.68M (Oct 15 2024)
Last sale anchor
$7.68M
Oct 15 2024
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
$208 / 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
$121,335
Tax year 2024
Assessed value
$10,318,549
Assessed 2024
Previous assessed
$10,318,549
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$8,924,151
Assessed improvement
$1,394,398
Applied tax rate
7.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
30,131 SF
Lot
2.04 ac (88,862 SF)
Zoning code
ML
APN
216-28-109
UPID
US10-2995806
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Santa Clara, CA
Zoning ML · permitted uses
ML · Santa Clara, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clara. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.6M
INDUSTRIAL (GENERAL) 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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
Dp Ventures LLC
Entity
Mailing address
265 SUNSET DR #260, WESTLAKE VILLAGE, CA 91361-4946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2025
—
Dp Ventures LLC
—
Deed
related
$7,000,000 · Jpmorgan Chase Bank NA
Jan 15, 2025
$7,683,500
Dp Ventures LLC
Silver Horse Equities LLC
Grant Deed
$5,378,384 · Technology Cu
Dec 20, 2018
—
Silver Horse Equities LLC
—
Deed
related
$21,305,000 · Rabobank
Aug 30, 2017
$8,001,000
Silver Horse Equities LLC
Sfi Central Corridor LLC
Grant Deed
related
$17,900,000 · Rabobank
Jun 30, 2014
—
Sfi Central Corridor LLC
Dwf III 2400 Walsh LLC
Grant Deed
—
Nov 8, 2012
—
Dwf III 2400 Walsh LLC
—
Deed Of Trust
related
$10,632,000 · California Bank & Trust
Nov 30, 2011
$5,000,000
Dwf III 2424 Walsh LLC
Silicon Valley Ca-i LLC
Grant Deed
—
Apr 26, 2006
—
Silicon Valley Ca-i LLC
Peery Richard T Trust
Grant Deed
—
—
—
Silver Horse Equities LLC
—
Loan Modification
related
$21,305,000 · Rabobank
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
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 2424 Walsh Ave?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
