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Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Industrial properties
565 Rossi Ct Gilroy, CA 95020-7074
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2916756
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
10,152 SF
Lot
0.51 ac (22,433 SF)
Zoning code
M2
APN
841-72-003
UPID
US09-2916756
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
-
Tilden Motorsports Auto Parts Store
-
Pacific Fabrication Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.71M
CAP Approach
CAP
$2.61M
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$2.50M
Owner & transaction history
Iva LLC · 5 yrs held
Iva LLC
since 2020
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
M2 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.6M
+153.0%
Retail stores
$3.2M
+123.9%
Office building
$2.8M
+98.6%
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 Gilroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilroy 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
$2,735,000
ML approach
$2,705,000
CAP Approach
CAP Return
Estimation
6%
$2,825,000
6.5%
$2,605,000
7%
$2,420,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,610,000
Change: +153% · Conversion: Easy
RETAIL STORES
$3,195,000
Change: +124% · Conversion: Moderate
OFFICE BUILDING
$2,835,000
Change: +99% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±10% · vs last sale $2.30M (Nov 19 2020)
Last sale anchor
$2.30M
Nov 19 2020
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
$246 / 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
$30,354
Tax year 2024
Assessed value
$2,440,778
Assessed 2024
Previous assessed
$2,440,778
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$445,707
Assessed improvement
$1,995,071
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
YES
Stories
1
Total area
10,152 SF
Lot
0.51 ac (22,433 SF)
Zoning code
M2
APN
841-72-003
UPID
US09-2916756
Jurisdiction
SANTA CLARA
Zoning & alternative use
M2 · Gilroy, CA
Zoning M2 · permitted uses
M2 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilroy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$3.6M
RETAIL STORES
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Iva LLC
Entity
Mailing address
1765 CUNNINGHAM ST, SANTA CLARA, CA 95050-4069
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2023
—
Iva LLC
—
Deed
related
$370,000 · Frederick G Schumaker JR
Feb 23, 2022
—
Iva LLC
—
Deed
related
$350,000 · Qualfax INC
Nov 19, 2020
$2,300,000
Iva LLC
Kevin T Stearns
Grant Deed
$1,495,000 · Santa Cruz County Bank
Nov 7, 2012
$667,000
Kevin T Stearns
Warda Properties LLC
Grant Deed
$333,500 · Rabobank
Jan 29, 2001
—
Warda Properties LLC
Warda Trust
Quit Claim Deed
related
$517,000 · Heritage Bank Of Commerce
Dec 2, 1997
—
David M Warda
Warda,donna E
Quit Claim Deed
related
—
Dec 2, 1997
$95,000
Warda,david
Obata Brothers Ptrshp
Trustees Deed
$76,000 · Seller
—
—
Warda Properties LLC
—
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.
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