Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,840,000
Industrial land
2960 Corvin Dr Santa Clara, CA 95051-0706
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2506700
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1975
Construction
CONCRETE
Total area
20,272 SF
Lot
0.94 ac (40,950 SF)
Zoning code
ML
APN
216-33-033
UPID
US09-2506700
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
-
Equinix Data Center Data Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.84M
Owner & transaction history
Equinix LLC · 3 yrs held
Equinix LLC
since 2023
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%
$5,640,000
6.5%
$5,205,000
7%
$4,835,000
Blend value · Realmo final
$3.84M
Range $3.46M – $4.22M · ±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
$189 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$8,701,044
Assessed 2023
Previous assessed
$8,530,437
+2.0% YoY
Assessed land
$2,284,023
Assessed improvement
$6,417,021
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
20,272 SF
Lot
0.94 ac (40,950 SF)
Zoning code
ML
APN
216-33-033
UPID
US09-2506700
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
0.94 ac
Current owner
From public records · entity-resolved
Equinix LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1 LAGOON DR, REDWOOD CITY, CA 94065-1562
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
Equinix LLC
Vdc V LLC
Grant Deed
—
May 1, 2017
—
Verizon Data Centers V LLC
Terremark North America LLC
Quit Claim Deed
—
Jan 14, 2011
$2,800,000
Nap West II LLC
East Of Edenvale LLC
Grant Deed
—
Mar 21, 2007
—
East Of Edenvale LLC
Aap LLC
Grant Deed
$2,000,000 · Sterling Savings Bank
Oct 15, 2003
$216,000
Aap LLC
Rji LLC
Grant Deed
—
Sep 2, 1998
$477,000
Rji LLC
Dumper,robert S & Janet M
Grant Deed
—
Apr 13, 1998
$2,075,000
Robert S Dumper
Bosc Trust
Grant Deed
$1,600,000 · Bank Of America
Jan 26, 1998
—
Bosc Trust
Bosc Trust
Quit Claim Deed
related
—
Feb 12, 1993
—
Bosc,trust
Bosc,a.
Quit Claim Deed
related
—
Oct 15, 1992
—
Andre Basc
Bosc,andre F
Quit Claim Deed
related
—
Jan 10, 1989
—
Andre Bosc
Bosc,j.
Quit Claim Deed
related
—
Jul 21, 1988
$625,000
Andre Bosc
Kimme
Grant Deed
related
—
—
—
Andre Bosc
—
Deed Of Trust
related
$1,800,000 · Home Fed'l S&l Assn San Franci
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 2960 Corvin Dr?
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.
