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Property profile & analytics
OFF-MARKET
Estimated value
$7,275,000
Manufacturing properties
2845 Bowers Ave Santa Clara, CA 95051-0917
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-0153312
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1975
Construction
CONCRETE
Total area
61,500 SF
Lot
3.67 ac (159,875 SF)
Zoning code
ML
APN
216-28-077
UPID
US09-0153312
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
Current use
Occupant on record · Public records
-
Apple Inc Corporate Office
-
Vista One Solutions (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.28M
Owner & transaction history
Coresite Real Estate Sv10 LP
Coresite Real Estate Sv10 LP
since 2026
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$118 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$9,500,000
Assessed 2023
Previous assessed
$25,104,852
-62.2% YoY
Assessed land
$6,400,000
Assessed improvement
$3,100,000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
61,500 SF
Lot
3.67 ac (159,875 SF)
Zoning code
ML
APN
216-28-077
UPID
US09-0153312
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.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.67 ac
Current owner
From public records · entity-resolved
Coresite Real Estate Sv10 LP
Entity
Free & Clear · 0 yrs held
Mailing address
2855 BOWERS AVE, SANTA CLARA, CA 95051-0917
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
$43,000,000
Coresite Real Estate Sv10 LP
Gi Ets Santa Clara Wb LLC
Grant Deed
—
Mar 2, 2021
$41,500,000
Gi Ets Santa Clara Wb LLC
Ipx Walsh Bowers Investors LP
Grant Deed
—
Feb 17, 2017
$31,550,000
Ipx Walsh Bowers Investors LP
Sfi Central Corridor LLC
Grant Deed
$17,350,000 · Miscellaneous Ins Co
Jun 30, 2014
$37,342,000
Sfi Central Corridor LLC
Dwf III Walsh Bowers LLC
Grant Deed
—
Nov 30, 2011
$21,400,000
Dwf III Walsh Bowers LLC
Silicon Valley Ca-i LLC
Grant Deed
—
Apr 26, 2006
—
Silicon Valley Ca-i LLC
Peery Richard T Trust
Grant Deed
related
—
—
—
Dwf III Walsh Bowers LLC
—
Deed Of Trust
related
$18,000,000 · Capital One
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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