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Property profile & analytics
FOR LEASE
Office buildings
4880 Great America Pkwy Santa Santa Clara, CA 95054
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5355188
For Lease
1 / 2
Contact for pricing
4880 Great America Pkwy,Unit Santa, Santa Clara, CA 95054
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Construction
TILT-UP CONCRETE
Total area
170,689 SF
Lot
2.8 ac (121,968 SF)
Zoning code
ML
APN
104-04-115
UPID
US09-5355188
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$53.10M
Owner & transaction history
Si 41 LLC · 10 yrs held
Si 41 LLC
since 2016
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$80,385,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$53.10M
Range $47.79M – $58.41M · ±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
$311 / 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
$841,977
Tax year 2024
Assessed value
$72,319,805
Assessed 2024
Previous assessed
$72,319,805
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$16,298,319
Assessed improvement
$56,021,486
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
5
Units
1
Total area
170,689 SF
Lot
2.8 ac (121,968 SF)
Zoning code
ML
APN
104-04-115
UPID
US09-5355188
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$80.4M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Units
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Si 41 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
599 CASTRO ST STE #400, MOUNTAIN VIEW, CA 94041-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Nov 17, 2016
—
Si 41 LLC
—
Deed
related
$545,000,000 · Miscellaneous Ins Co
Mar 8, 2016
—
Si 41 LLC
Sobrato Interest 2
Grant Deed
—
Feb 29, 2016
—
Sobrato Interest 2
Sobrato Interest 4
Quit Claim Deed
—
Nov 8, 2012
$13,500,000
Murphy Road Apartments-san
4800 Gap Associates LLC
Grant Deed
—
Nov 17, 2005
—
4800 Gap Associates LLC
Wells Fargo Bank Minnesota NA
Grant Deed
$8,700,000 · Wells Fargo Bank NA
Jan 6, 2005
$7,725,000
Wells Fargo Bk Of Mn
First American Title Ins
Trustees Deed
related
—
Oct 6, 2000
—
Parkway Regency LLC
Parkway Tower LLC
Quit Claim Deed
related
$15,700,000 · Chase Manhattan Bank
Aug 3, 1989
—
Equitable Americ
The Equitable Li
Quit Claim Deed
related
—
—
—
Equitable Americ
—
Deed Of Trust
related
$66,000 · Kemper Investors Life Ins
—
—
Si 41 LLC
—
Deed Of Trust
related
$545,000,000 · Miscellaneous Ins 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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