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Property profile & analytics
FOR LEASE
Office buildings
438 South Murphy Ave Sunnyvale, CA 94086
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-0083438
For Lease
1 / 7
$2,670,000
438 South Murphy Ave, Sunnyvale, CA 94086
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD
Total area
9,612 SF
Lot
0.52 ac (22,575 SF)
Zoning code
DSP/1
APN
209-26-063
UPID
US09-0083438
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
-
Law Office of Shannon Stein Law Firm Child Welfare Organization
-
Jackson & Efting Law Firm Child Welfare Organization
-
Conway John H Law Firm Child Welfare Organization
-
Sunnyvale-Cupertino Bar Association Association / Organization
-
A&B Family Therapy Professional Corporation Psychotherapist Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
Haf Properties · 20 yrs held
Haf Properties
since 2005
6 recorded transactions
Zoning & alternative use
DSP/1 · 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%
$3,800,000
6.5%
$3,505,000
7%
$3,255,000
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±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
$278 / 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
$39,025
Tax year 2024
Assessed value
$3,336,061
Assessed 2024
Previous assessed
$3,336,061
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,674,731
Assessed improvement
$1,661,330
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
1987
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
9,612 SF
Lot
0.52 ac (22,575 SF)
Zoning code
DSP/1
APN
209-26-063
UPID
US09-0083438
Jurisdiction
SANTA CLARA
Zoning & alternative use
DSP/1 · Sunnyvale, CAZoning DSP/1 · permitted uses
DSP/1 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Haf Properties
Entity
Mailing address
438 S MURPHY AVE, SUNNYVALE, CA 94086-6114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
—
Haf Properties
—
Deed
related
$2,500,000 · Pinnacle Bank
Aug 3, 2020
—
Haf Properties
—
Deed
related
$98,000 · Boston Private Bank & Trust Company
Sep 1, 2005
—
Haf Properties
Nicholas Gera
Grant Deed
$1,500,000 · Greater Bay Private Capital Banking
Jul 23, 2004
—
Nicholas Gera
Algem LLC
Grant Deed
$1,260,000 · Mid Peninsula Bank
Mar 31, 1999
—
Marilyn C Robertson
Robertson,david A
Quit Claim Deed
related
—
Mar 31, 1999
$631,500
Armanini,george A
Egm Ptshp
Trustees Deed
—
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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