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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Retail space
342 State St Los Altos, CA 94022-2866
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2534106
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Total area
5,000 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CRS
APN
167-39-036
UPID
US09-2534106
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
-
B K Collections (Bike/Boat/Book/etc) Store
-
Richbourg Carole C Jewelry Appraiser
-
Fine Jewelry Appraisals and Consulting, Inc. Jewelry Appraiser
-
BCB Partners Business Management Consultant
-
John B. Sines, Attorney At Law Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$980k
Owner & transaction history
Flowers,e R Fam Protecti Trust · 5 yrs held
Flowers,e R Fam Protecti Trust
since 2020
7 recorded transactions
Zoning & alternative use
CRS · Los Altos, 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 Los Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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
$980k
Range $882k – $1.08M · ±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
$196 / 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
$6,192
Tax year 2024
Assessed value
$394,294
Assessed 2024
Previous assessed
$394,294
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$38,471
Assessed improvement
$355,823
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Heating
NONE
Cooling
YES
Stories
2
Total area
5,000 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CRS
APN
167-39-036
UPID
US09-2534106
Jurisdiction
SANTA CLARA
Zoning & alternative use
CRS · Los Altos, CA
Zoning CRS · permitted uses
CRS · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Flowers,e R Fam Protecti Trust
Trust
Free & Clear · 5 yrs held
Mailing address
114 S SUNNYVALE AVE, SUNNYVALE, CA 94086-6249
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
—
Flowers,e R Fam Protecti Trust
Jennifer A Flowers
Correction Deed
related
—
Oct 22, 2019
—
Flowers,jennifer Trust
Jennifer A Flowers
Quit Claim Deed
related
—
Jul 3, 2019
—
Jennifer A Flowers
Tibbs R J & J F Trust
Quit Claim Deed
related
—
Jan 18, 2019
—
Elena R Flowers
Flowers,jennifer A
Quit Claim Deed
related
—
Dec 28, 2018
—
Jennifer A Flowers
Tibbs R J & J F Trust
Quit Claim Deed
related
—
Sep 4, 2012
—
Markwith Gregory W Trust
Flowers,elena
Grant Deed
related
—
Apr 20, 2012
—
Elena F Tibbs
Tibbs R J & J F Trust
Quit Claim Deed
related
—
Mar 26, 2012
—
Ashley R Tibbs
Tibbs,thomas N JR & Julia M
Quit Claim Deed
related
—
Dec 30, 2011
—
Ashley R Tibbs
Tibbs Thomas N JR Trust
Quit Claim Deed
related
—
Jan 27, 2005
—
Tibbs Richard & Jennifer Trust
Tibbs,richard J & Jennifer F
Quit Claim Deed
related
—
Jan 20, 2004
—
Dorothea L Tibbs
Tibbs,dorothea L Tr
Quit Claim Deed
related
—
Feb 18, 2003
—
Richard J Tibbs
Tibbs,dorothea L
Quit Claim Deed
related
—
Mar 7, 2002
—
Tibbs Trust
Tibbs,dorothea L
Quit Claim Deed
related
—
Mar 2, 2001
—
Dorothea L Tibbs
Dorothea L Tibbs Trustee
Quit Claim Deed
related
—
Feb 1, 2000
—
Richard J Tibbs
Tibbs,dorothea L
Quit Claim Deed
related
—
Jan 12, 1999
—
Richard J Tibbs
Tibbs,dorothea L
Quit Claim Deed
related
—
Feb 17, 1998
—
Dorothea L Tibbs
Dorothea L Tibbs Trustee
Quit Claim Deed
related
—
Jan 28, 1997
—
Richard J Tibbs
Tibbs,dorothea L
Quit Claim Deed
related
—
Jan 17, 1996
—
Richard J Tibbs
Tibbs,dorothea L
Quit Claim Deed
related
—
Dec 29, 1995
—
Dorothea L Tibbs
Dorothea L Tibbs Trustee
Quit Claim Deed
related
—
Dec 30, 1994
—
Richard J Tibbs
Tibbs,dorothea L
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.
Try Rey
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