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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Warehouses
329 Sango Ct Milpitas, CA 95035-6837
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0677750
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
8,050 SF
Lot
0.58 ac (25,375 SF)
Zoning code
MXD3
APN
086-36-015
UPID
US09-0677750
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
-
Alswears Carpets General Contractor Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.66M
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.70M
Owner & transaction history
LP General Contracting INC · 2 yrs held
LP General Contracting INC
since 2023
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
MXD3 · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.3M
+84.4%
Office building
$4.8M
+67.0%
Apartment house (5+ units)
$3.4M
+17.6%
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 Milpitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milpitas 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
$3,630,000
ML approach
$3,655,000
CAP Approach
CAP Return
Estimation
6%
$2,720,000
6.5%
$2,510,000
7%
$2,330,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,860,000
Current use
RETAIL STORES
$5,280,000
Change: +84% · Conversion: Moderate
OFFICE BUILDING
$4,780,000
Change: +67% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,365,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,475,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±10% · vs last sale $3.75M (Oct 27 2023)
Last sale anchor
$3.75M
Oct 27 2023
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
$459 / 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
$43,583
Tax year 2024
Assessed value
$3,750,000
Assessed 2024
Previous assessed
$3,750,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,680,000
Assessed improvement
$70,000
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
5
Total area
8,050 SF
Lot
0.58 ac (25,375 SF)
Zoning code
MXD3
APN
086-36-015
UPID
US09-0677750
Jurisdiction
SANTA CLARA
Zoning & alternative use
MXD3 · Milpitas, CA
Zoning MXD3 · permitted uses
MXD3 · Milpitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milpitas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
RETAIL STORES
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1979
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
0.58 ac
Current owner
From public records · entity-resolved
LP General Contracting INC
Entity
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
$3,750,000
LP General Contracting INC
Joseph Bechwati
Grant Deed
$1,763,000 · Open Bank
Sep 16, 2020
—
Bechwati,j & 2012 Living Trust
—
Deed
related
$1,600,000 · Bank Of The West
Aug 9, 2012
—
Bechwati J & M 2012 Trust
Bechwati,joseph
Quit Claim Deed
related
—
Jun 16, 2009
$1,100,000
Joseph Bechwati
Haro,francisco T
Grant Deed
$550,000 · Bank Of The West
May 31, 2001
—
Francisco T Haro
Haro,maria R
Quit Claim Deed
related
—
May 31, 2001
$1,725,000
Francisco T Haro
Lanning & Williams Ptshp
Grant Deed
$847,000 · Bank Of Santa Clara
Jan 11, 1991
$540,000
Lanning
Pico Partnership
Grant Deed
$486,000 · First Capital Finance
—
—
Bechwati,j & 2012 Living Trust
—
Deed Of Trust
related
$1,600,000 · 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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