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Property profile & analytics
FOR LEASE
Office buildings
425 Lakeside Dr Sunnyvale, CA 94087
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-2535273
For Lease
1 / 6
$39 SF/Yr
425 Lakeside Dr, Sunnyvale, CA 94087
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
TILT-UP CONCRETE
Total area
25,879 SF
Lot
1.72 ac (74,923 SF)
Zoning code
ML
APN
216-44-078
UPID
US09-2535273
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
by Request
CAP Approach
CAP
$9.44M
Comparable Approach
Comparable
$7.51M
Blend (final)
Blend
$8.14M
Owner & transaction history
Dollinger Lakeside LLC
Dollinger Lakeside LLC
since 2025
Last sale
$7.8M
3 recorded transactions
Zoning & alternative use
ML · Sunnyvale, 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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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%
$10,230,000
6.5%
$9,440,000
7%
$8,765,000
Blend value · Realmo final
$8.14M
Range $7.32M – $8.95M · ±10% · vs last sale $7.79M (Jul 15 2025)
Last sale anchor
$7.79M
Jul 15 2025
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
$314 / 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
$21,394
Tax year 2024
Assessed value
$1,730,070
Assessed 2024
Previous assessed
$1,730,070
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$524,577
Assessed improvement
$1,205,493
Applied tax rate
9.0000
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
For Lease
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
3
Total area
25,879 SF
Lot
1.72 ac (74,923 SF)
Zoning code
ML
APN
216-44-078
UPID
US09-2535273
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Sunnyvale, CA
Zoning ML · permitted uses
ML · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
1.72 ac
Current owner
From public records · entity-resolved
Dollinger Lakeside LLC
Entity
Free & Clear · 0 yrs held
Mailing address
800 SOUTHWOOD BLVD STE #105, INCLINE VILLAGE, NV 89451-9461
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Dollinger Lakeside LLC
—
Deed
related
$5,454,750 · Technology Cu
Oct 15, 2025
$7,792,500
Dollinger Lakeside LLC
Devcon Associates I
Grant Deed
—
Dec 29, 2005
—
Devcon Associates I
Devcon Associates I
Quit Claim Deed
related
$1,000,000 · Symetra Life Insurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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