Financial
Distress signals
Property profile

250 East Caribbean Dr Sunnyvale, CA 94089

FOR LEASE
Life science properties
Property ID
US09-2287085
35,120 SF 2.41 ac lot Built 1979
Last sale Aug 2017 · $17,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 36,324-square-foot, single-story research and development building configured with R&D-supportive interior improvements, including shower and locker room facilities and a large open cafeteria area. The building is equipped with LED lighting and controls, has a 16-foot clear height, and includes loading access via two dock-high loading doors and four grade-level doors. A fully operational auto lab is included. Electrical service is rated at 1,200 Amps at 277/480V. The property provides parking

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$227k
Tax billed · 2024
Assessed value$19.52M
Assessed land$7.92M
Assessed improvement$11.60M
Effective rate1.16%

Value estimate

· Sep 2026
$1.12M
$1.01M – $1.23M
AI approach$1.09M
Sales comparison$1.15M
NOI build-up
Gross scheduled income$1.16M
Vacancy & credit loss−$123k
Operating expenses−$364k
NOI · 18,034,560.00% cap applied$676k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$650/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$463 – $897
Qualifying comparables3

Cap rate analysis

How does the asset earn?
18,034,560.00%
$676k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MP-I
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Building Supply14.5
Restaurant14.2

Location

250 East Caribbean Dr Sunnyvale, CA 94089
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
385 Moffett Park, Sunnyvale, CA 94089-1217 $28,000,000 Sep 2022 79,000 SF
894 Ross Dr, Sunnyvale, CA 94089-1404 $88,500,000 Jan 2022 43,824 SF
888 Ross, Sunnyvale, CA 94089-1405 $88,500,000 Jan 2022 43,824 SF
1277 Borregas, Sunnyvale, CA 94089-1311 $8,650,000 Aug 2019 18,034 SF
1315 Chesapeake, Sunnyvale, CA 94089-1104 $176,366 Nov 2018 52,992 SF
1310 Chesapeake, Sunnyvale, CA 94089-1100 $176,366 Nov 2018 74,980 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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