Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Manufacturing properties
425 Reed St Santa Clara, CA 95050-3109
Trust Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-2704728
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
CONCRETE
Total area
15,400 SF
Lot
0.65 ac (28,125 SF)
Zoning code
ML
APN
230-47-049
UPID
US09-2704728
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
-
BT Laser, Inc. Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Rossmann Kirk M Living Trust · 14 yrs held
Rossmann Kirk M Living Trust
since 2012
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$130 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$1,469,950
Assessed 2023
Previous assessed
$1,441,128
+2.0% YoY
Assessed land
$532,246
Assessed improvement
$937,704
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
1972
Construction
CONCRETE
Heating
NONE
Total area
15,400 SF
Lot
0.65 ac (28,125 SF)
Zoning code
ML
APN
230-47-049
UPID
US09-2704728
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
1972
Construction
CONCRETE
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
Rossmann Kirk M Living Trust
Trust
Mailing address
425 REED ST, SANTA CLARA, CA 95050-3109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Kirk M Rossmann
—
Deed
related
$574,219 · Heritage Bank Of Commerce
May 13, 2019
—
Rossmann,kirk M Living Trust
—
Deed
related
$1,500,000 · Heritage Bk/commerce
Feb 22, 2012
—
Rossmann Kirk M Living Trust
Rossmann,kirk
Quit Claim Deed
related
—
Nov 2, 2009
—
Kirk Rossmann
Rossmann,kirk
Quit Claim Deed
related
—
Aug 2, 1996
—
Rossmann Trust
Rossmann,kirk & Wendy
Quit Claim Deed
related
$658,000 · Comerica Bank California
Jul 26, 1996
—
Kirk Rossmann
Filice,russell C & Linda A
Grant Deed
related
—
Oct 24, 1995
—
Russell C Filice
Filice Trust
Quit Claim Deed
related
$500,000 · Bank Of America
—
—
Rossmann,kirk M Living Trust
—
Loan Modification
related
$1,500,000 · Heritage Bk/commerce
—
—
Kirk Rossmann
—
Deed Of Trust
related
$1,000,000 · Heritage Bank Of Commerce
—
—
Rossmann Kirk M Living Trust
—
Deed Of Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 425 Reed St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
