Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    447 Indio Way Sunnyvale, CA 94085

    • Life science properties
    • 31,515 SF
    • 2.19 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Last Sale
    Oct 05, 2022
    $15,100,000
    Value Estimations
    $15,740,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2547231
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • First Data / Corporate Office
    • U-System Inc / Diagnostic Center

    Property Details for 447 Indio Way

    Year built
    1975
    Construction
    TILT-UP CONCRETE
    Lot size
    2.19 lot acres
    Property size
    31,515 SF
    Zone code
    M1
    Property type
    Life science properties
    APN
    165-28-007
    APU
    16528007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $14,170,000
      ML approach
      $9,615,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $20,451,000
      Market price range: $14.6M - $28.3M

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $20,470,000
      Current use
      OFFICE BUILDING
      $19,865,000
      Change: -3% Conversion: Difficult
      RETAIL STORES
      $17,155,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyvale
    County
    Santa Clara
    State
    California
    Longitude
    -122.034
    Latitude
    37.3872
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $11,980,000
    $3,120,000
    $15,100,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,345,000
      454,840 SF

      690 Mary Ave, Unit AB

      R&D FACILITY, LABS, PHARMA • 454,840 SF
      690 Mary Ave, Sunnyvale, CA 94085-2906
      View Details
    • Value Estimation
      $855,000
      43,953 SF

      913 Hermosa Ct

      R&D FACILITY, LABS, PHARMA • 43,953 SF
      913 Hermosa Ct, Sunnyvale, CA 94085-4103
      View Details
    • Value Estimation
      $345,000
      20,000 SF

      430 Indio Way

      R&D FACILITY, LABS, PHARMA • 20,000 SF
      430 Indio Way, Sunnyvale, CA 94085-4202
      View Details
    • Value Estimation
      $915,000
      121,000 SF

      625 Mary Ave

      R&D FACILITY, LABS, PHARMA • 121,000 SF
      625 Mary Ave, Sunnyvale, CA 94085-2907
      View Details
    • Value Estimation
      $445,000
      16,672 SF

      845 Stewart Dr

      R&D FACILITY, LABS, PHARMA • 16,672 SF
      845 Stewart Dr, Sunnyvale, CA 94085-4501
      View Details
    • Value Estimation by Request
      31,068 SF

      420 Oakmead Pkwy

      Life science properties • 31,068 SF
      420 Oakmead Pkwy, Sunnyvale, CA 94085
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      35,362 SF

      Sunnyvale Industrial Space Available

      Industrial space with cleanroom infrastructure, convenient location, and ample parking.
      433 Lakeside Dr, Sunnyvale, CA 94085
      View Details
    • $11,000,000
      19,800 SF

      Sunnyvale Office/Warehouse Buildings For Sale

      Two freestanding office/warehouse buildings in the heart of Silicon Valley.
      1256 Lawrence Expy, Sunnyvale, CA 94085
      View Details
    • $4,300,000

      Sunnyvale Multifamily Investment Opportunity

      12-unit property in prime Silicon Valley location.
      Sunnyvale, CA 94085
      View Details
    • $2,099,999
      4,101 SF

      Sunnyvale Multi-Family Investment Opportunity

      Six-unit property, prime Sunnyvale location, strong rental income.
      538 Columbia Ave, Sunnyvale, CA 94085
      View Details
    • $2,995,000
      4,308 SF

      Sunnyvale 8-Unit Commercial Property

      Prime Sunnyvale location, 8-unit income property, recent upgrades.
      527 Taylor Ave, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      25,544 SF

      Sunnyvale School Facility For Sale

      School facility in Sunnyvale accommodating up to 400 students.
      824 San Aleso Ave, Sunnyvale, CA 94085
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      126,788 SF

      Industrial Warehouse Space in Sunnyvale

      126,788 SF industrial space with 27 dock doors for lease.
      111 Uranium Dr, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      6,802 SF

      Office Space with Warehouse

      Lease opportunity: office, lab, and warehouse space available.
      321-333 Soquel Way, Sunnyvale, CA 94085
      View Details
    • $46 SF/Yr
      39,311 SF

      Freestanding Office/R&D Building Available

      Move-in ready office/R&D building with high-end interiors and amenities.
      674-680 W Maude Ave, Sunnyvale, CA 94085
      View Details
    • $1.95 SF/Yr
      6,470 SF

      Sunnyvale Flex Space Available

      Flex space available for lease in Sunnyvale, California.
      440-456 Oakmead Pkwy, Sunnyvale, CA 94085
      View Details
    • $3 SF/Yr
      53,600 SF

      Secured Stand-Alone Building in Sunnyvale

      53,600 SF flex/industrial building with secured lot for lease.
      968-970 Stewart Dr, Sunnyvale, CA 94085
      View Details
    • Contact for pricing
      2,650 SF

      Sunnyvale Warehouse with Truck Door

      Warehouse space featuring a grade level truck door in Sunnyvale.
      1004-1010 Stewart Dr, Sunnyvale, CA 94085
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    447 Indio Way
    Sunnyvale, CA 94085
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.