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Property profile & analytics
OFF-MARKET
Estimated value
$21,845,000
Office buildings
3200 Patrick Henry Dr Santa Clara, CA 95054-1875
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0210078
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
TILT-UP CONCRETE
Total area
105,120 SF
Lot
4.68 ac (203,860 SF)
Zoning code
UY
APN
104-04-124
UPID
US09-0210078
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
-
Tafatolu Bingo Bingo Hall
-
Crossbar Corporate Office
-
Solar Panel Installers Santa Clara Production Facility
-
Varentec Electric Utility Company
-
Apexon - Experience, Digital Engineering and Data Solutions Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$29.83M
Blend (final)
Blend
$21.85M
Owner & transaction history
Michael Eric Bigler · 1 yrs held
Michael Eric Bigler
since 2025
7 recorded transactions
Zoning & alternative use
UY · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.85M
Range $19.66M – $24.03M · ±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
$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
$154,844
Tax year 2024
Assessed value
$13,021,539
Assessed 2024
Previous assessed
$13,021,539
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$12,009,596
Assessed improvement
$1,011,943
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
105,120 SF
Lot
4.68 ac (203,860 SF)
Zoning code
UY
APN
104-04-124
UPID
US09-0210078
Jurisdiction
SANTA CLARA
Zoning & alternative use
UY · Santa Clara, CA
Zoning UY · permitted uses
UY · 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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
4.68 ac
Current owner
From public records · entity-resolved
Michael Eric Bigler
Individual
Mailing address
1201 LAMMY PL, LOS ALTOS, CA 94024-5559
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
Michael Eric Bigler
Diane Gail Sherwin Bigler
Deed
related
$9,000,000 · Lidgate Bigler Family Revocable Trust
Feb 20, 2025
$18,000,000
Modesto Retail Group LLC
Robert Armond Bigler
Grant Deed
—
Dec 10, 2024
—
John R Bigler
John R Bigler
Deed
related
—
Jan 10, 2020
—
Bigler Trust
—
Deed
related
$2,098,000 · First Republic Bk
Mar 13, 2017
—
Bigler,armond R Trust
—
Deed
related
$4,200,000 · First Republic Bk
Jan 13, 2012
—
Bigler Michael E & D G S Trust
Bigler M E & D G S Trust
Quit Claim Deed
related
$2,650,000 · First Republic Bank
Jan 24, 2007
—
Lidgate Bigler Family Trust
Bigler,john R
Quit Claim Deed
related
—
Jan 16, 2007
—
Armond R Bigler
Revx-475 INC
Grant Deed
$2,000,000 · Bank Of The West
Jul 21, 2006
—
Revx-475 INC
Limar Realty Corp 17
Grant Deed
$2,000,000 · Bank Of The West
Nov 16, 2000
—
Limar Realty Corp #17
—
Deed Of Trust
related
$60,000,000 · Us Bank NA
Jun 30, 2000
—
Limar Realty Corp
Wmp Real Estate LP
Grant Deed
related
—
Aug 30, 1996
—
Real Estate LP Wmp II
Wmp Real Estate LP
Quit Claim Deed
related
$73,000,000 · Gmac Commercial Mortgage Corp
Jul 8, 1996
$7,675,000
Wmp Real Estate LP
Whc-six Real Estate LP
Grant Deed
—
Aug 4, 1994
—
Whc-six Real Estate LP
Prudential Insur
Deed Of Trust
related
$194,757,880 · General Electric Capital Corp
—
—
Armond R Bigler
—
Deed Of Trust
related
—
—
—
Bigler Trust
—
Deed Of Trust
related
$2,098,000 · First Republic Bk
—
—
Armond R Bigler
—
Deed Of Trust
related
$1,000,000 · Bank Of The West
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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