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Property profile & analytics
OFF-MARKET
Retail space
50 Los Gatos Saratoga Rd Los Gatos, CA 95032-5460
Entity Owned
~
Est. High Equity
Property ID
US09-3350581
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
WOOD
Total area
46,045 SF
Lot
7.01 ac (305,355 SF)
Zoning code
PD
APN
529-24-032
UPID
US09-3350581
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
by Request
Owner & transaction history
Summerhill 50 Lgsr LLC
Summerhill 50 Lgsr LLC
since 2025
Last sale
$78.4M
7 recorded transactions
Zoning & alternative use
PD · Los Gatos, 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 Los Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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
—
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
$137,385
Tax year 2024
Assessed value
$6,707,648
Assessed 2024
Previous assessed
$6,707,648
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$6,350,276
Assessed improvement
$357,372
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
128
Total area
46,045 SF
Lot
7.01 ac (305,355 SF)
Zoning code
PD
APN
529-24-032
UPID
US09-3350581
Jurisdiction
SANTA CLARA
Zoning & alternative use
PD · Los Gatos, CA
Zoning PD · permitted uses
PD · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
128
Lot
7.01 ac
Current owner
From public records · entity-resolved
Summerhill 50 Lgsr LLC
Entity
Mailing address
PO BOX 158, HALF MOON BAY, CA 94019-0158
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$78,425,000
Summerhill 50 Lgsr LLC
Los Gatos Lodge LLC
Grant Deed
$78,500,000 · Wells Fargo Bank NA
Oct 10, 2023
—
Nancy A Nerhan
Nerhan Keet
Deed
related
—
Sep 1, 2010
—
Keet Nerhan
—
Deed Of Trust
related
$1,000,000 · Metro United Bank
Sep 2, 2009
—
Keet Nerhan
—
Deed Of Trust
related
$1,000,000 · Metro United Bank
Oct 20, 1997
—
Los Gatos Lodge LLC
Nerham,keet
Grant Deed
$6,700,000 · Sutter Mortgage Corp
Jan 25, 1996
—
Keet Nerhan
Nerhan,nancy
Quit Claim Deed
related
—
Oct 6, 1993
—
Sacramento Savings Bank
Central Valley S
Trustees Deed
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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