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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Manufacturing properties
354 Martin Ave Santa Clara, CA 95050-3112
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0998733
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
0.65 ac (28,125 SF)
Zoning code
ML
APN
230-47-110
UPID
US09-0998733
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.55M
Owner & transaction history
Jolene Marie Freeman · 5 yrs held
Jolene Marie Freeman
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
ML · 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
$1,475,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.73M (Feb 8 2021)
Last sale anchor
$1.73M
Feb 8 2021
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
$129 / 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
$29,937
Tax year 2024
Assessed value
$2,533,303
Assessed 2024
Previous assessed
$2,533,303
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,325,566
Assessed improvement
$1,207,737
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
12,000 SF
Lot
0.65 ac (28,125 SF)
Zoning code
ML
APN
230-47-110
UPID
US09-0998733
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Santa Clara, CA
Zoning ML · permitted uses
ML · 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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Jolene Marie Freeman
Individual
Mailing address
PO BOX 3037, CARMEL BY THE SEA, CA 93921-3037
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2021
—
Jolene Marie Freeman
Joseph F Twohy
Intrafamily Transfer
related
—
Jan 13, 2021
—
Twohy Family Living Trust
Vickie Twohy
Correction Deed
related
—
Jul 8, 2019
—
Twohy Family Living Trust
Twohy,vickie
Quit Claim Deed
related
—
Dec 10, 2015
—
Vickie Twohy
Orphan Angelo Trust
Quit Claim Deed
related
—
Apr 7, 2015
—
Vickie Twohy
Orphan Angelo A
Affidavit Of Death
related
—
Dec 21, 2007
—
Orphan Angelo Trust
Orphan,angelo A
Quit Claim Deed
related
$1,300,000 · Heritage Bank Of Commerce
Apr 11, 2002
$1,725,000
Angelo A Orphan
Kawano,tom & Helena
Grant Deed
$1,207,500 · San Jose National Bank
Jul 16, 1998
$453,000
Kawano,tom & Helena
Dal-minerals Co
Trustees Deed
$575,000 · Ebneter Investment Corp
Jul 16, 1998
$175,000
Tom Kawano
Kirsch,michael J & Martha A
Quit Claim Deed
related
—
Jan 10, 1990
$700,000
Dal-minerals Com
Dal-blair Corpor
Grant Deed
related
—
—
—
Tom Kawano
—
Deed Of Trust
related
$990,000 · Jackson Federal Bank
—
—
Tom Kwano
—
Deed Of Trust
related
$345,000 · Individual
—
—
Tom Kawano
—
Deed Of Trust
related
$40,000 · Individual
—
—
Angelo A Orphan
—
Deed Of Trust
related
$1,100,000 · Heritage Bank Of Commerce
—
—
Orphan,angelo Trust
—
Loan Modification
related
—
—
—
Tom Kawano
—
Deed Of Trust
related
$40,000 · Angelo Orphan
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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