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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Industrial properties
320 Kishimura Dr Gilroy, CA 95020-3676
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3127234
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
6,080 SF
Lot
0.52 ac (22,621 SF)
Zoning code
M1
APN
835-02-048
UPID
US10-3127234
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
-
GrowBIGogh Factory Industrial Manufacturer
-
General Automotive Repair Auto Repair Shop
-
Mikado Motor Works Auto Repair Shop
-
Peninsula Engineering Solutions INC Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$1.29M
Owner & transaction history
Reimal Family Properties LLC · 5 yrs held
Reimal Family Properties LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
M1 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+123.9%
Office building
$1.7M
+98.6%
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 Gilroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilroy 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
$1,425,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
$1,690,000
6.5%
$1,560,000
7%
$1,450,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$855,000
Current use
RETAIL STORES
$1,915,000
Change: +124% · Conversion: Moderate
OFFICE BUILDING
$1,695,000
Change: +99% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10% · vs last sale $1.20M (Oct 28 2020)
Last sale anchor
$1.20M
Oct 28 2020
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
$211 / 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
$10,886
Tax year 2024
Assessed value
$849,008
Assessed 2024
Previous assessed
$849,008
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$374,737
Assessed improvement
$474,271
Applied tax rate
2.0000
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
1998
Heating
NONE
Cooling
YES
Stories
1
Total area
6,080 SF
Lot
0.52 ac (22,621 SF)
Zoning code
M1
APN
835-02-048
UPID
US10-3127234
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1 · Gilroy, CA
Zoning M1 · permitted uses
M1 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilroy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$855,000
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Reimal Family Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
885 DEARBORN PL, GILROY, CA 95020-6303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
—
Reimal Family Properties LLC
Reimal M W & B L F/tr
Quit Claim Deed
related
—
Aug 20, 2020
—
Larry L Reimal
Reimal M W & B L F/tr
Quit Claim Deed
related
—
Aug 5, 2020
—
Reimal,m W & B L Fam Trust
Reimal Family LP
Quit Claim Deed
related
—
May 22, 2006
—
Reimal Family
Reimal M W & B L 1993 Trust
Quit Claim Deed
—
Jun 2, 2004
$1,200,000
Reimal,tr
Chuck,tr
Grant Deed
—
Nov 6, 2002
—
Chuck,tr
Chuck,mitchell D & Janet M
Quit Claim Deed
related
—
Oct 31, 1997
$76,000
Mitch Chuck
Robert H Kishimura Trustee
Grant Deed
$60,780 · Seller
May 3, 1996
—
Robert H Kishimura Trustee
Kishimura,robert & Faye S
Quit Claim Deed
related
—
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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