Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3300 Olcott St Santa Clara, CA 95054-3005

    • Life science properties
    • 100,573 SF
    • 6.73 lot acres
    OFF-MARKET
    Last Sale
    May 25, 2021
    $45,000,000
    Value Estimations
    $45,670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2428177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gigamon Inc. / Software Company
    • GIMO / Store

    Property Details for 3300 Olcott St

    Year built
    1979
    Lot size
    6.73 lot acres
    Property size
    100,573 SF
    Zone code
    ML
    Property type
    Life science properties
    APN
    224-47-017
    APU
    22447017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $38,465,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $54,223,000
      Market price range: $26.4M - $73.2M

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $44,385,000
      Current use
      OFFICE BUILDING
      $54,980,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $52,200,000
      Change: +18% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $47,365,000
      Change: +7% Conversion: Difficult
      WAREHOUSE, STORAGE
      $35,755,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.968
    Latitude
    37.3816
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $559,282
    $27,909,770
    $19,844,589
    $47,754,359
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,115,000
      457,485 SF

      4090 Network Cir

      R&D FACILITY, LABS, PHARMA • 457,485 SF
      4090 Network Cir, Santa Clara, CA 95054-4271
      View Details
    • Value Estimation
      $1,440,000
      65,360 SF

      4750 Patrick Henry Dr

      R&D FACILITY, LABS, PHARMA • 65,360 SF
      4750 Patrick Henry Dr, Santa Clara, CA 95054-1851
      View Details
    • Value Estimation
      $965,000
      85,540 SF

      3320 Scott Blvd

      R&D FACILITY, LABS, PHARMA • 85,540 SF
      3320 Scott Blvd, Santa Clara, CA 95054-3101
      View Details
    • Value Estimation
      $850,000
      38,880 SF

      2945 Tasman Dr

      R&D FACILITY, LABS, PHARMA • 38,880 SF
      2945 Tasman Dr, Santa Clara, CA 95054
      View Details
    • Value Estimation
      $12,490,000
      553,793 SF

      3603 Juliette Ln

      R&D FACILITY, LABS, PHARMA • 553,793 SF
      3603 Juliette Ln, Santa Clara, CA 95054-1513
      View Details
    • Value Estimation by Request
      22,500 SF

      3930 Freedom Cir

      Life science properties • 22,500 SF
      3930 Freedom Cir, Santa Clara, CA 95054
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,889 SF

      Santa Clara Industrial Warehouse

      ±11,889 SF Warehouse - Prime Location
      910 George St, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      11,580 SF

      Freestanding Building with HVAC

      Freestanding building featuring HVAC, office and production space.
      1065-1075 Comstock St, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      39,068 SF

      Industrial Property in Santa Clara

      Industrial property with 39,068 square feet of space.
      3501 Thomas Rd, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      12,923 SF

      Freestanding Office/R&D Building in Santa Clara

      Office/R&D building with Class-A finishes and advanced security.
      3000 Lakeside Dr, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      7,537 SF

      Residential Development Site in Santa Clara

      Potential residential development site with existing industrial buildings.
      2317 Calle De Luna, Santa Clara, CA 95054
      View Details
    • $2,788,000

      Santa Clara Specialty Property

      Specialty property available for sale in Santa Clara, CA.
      3Rd St, Santa Clara, CA 95054
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      41,316 SF

      Available Flex Space in Santa Clara

      41,316 SF flex space available for sublease until 2028.
      5450 Great America Pkwy, Santa Clara, CA 95054
      View Details
    • $26 SF/Yr
      1,216 SF

      Santa Clara Flex Space Available

      Flex space in Santa Clara with newly improved interiors.
      1800 Wyatt Dr, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      4,750 SF

      Santa Clara Warehouse Space Available

      4,750 SF warehouse space with office and mezzanine.
      3565 Victor St, Santa Clara, CA 95054
      View Details
    • $24 SF/Yr
      4,210 SF

      Santa Clara Executive Office/Warehouse

      Prime Santa Clara space, multiple suites available.
      473 Sapena Ct, Santa Clara, CA 95054
      View Details
    • $21 SF/Yr
      8,802 SF

      Industrial Space with Mezzanine Storage

      Industrial property featuring office space, production area, and mezzanine storage.
      2301 Calle De Luna, Santa Clara, CA 95054
      View Details
    • Contact for pricing
      164,340 SF

      Santa Clara Flex Space Available

      Bay Area Office & Industrial Space
      3058 Scott Blvd, Santa Clara, CA 95054
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3300 Olcott St
    Santa Clara, CA 95054-3005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.