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Property profile & analytics
OFF-MARKET
Estimated value
$16,295,000
Strip malls
600 Foothill Expy Los Altos, CA 94022
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2947980
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1900
Total area
69,005 SF
Lot
6.13 ac (267,022 SF)
Zoning code
C
APN
189-56-014
UPID
US09-2947980
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
$19.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.30M
Owner & transaction history
Los Altos Rancho Shopping Ctr · 9 yrs held
Los Altos Rancho Shopping Ctr
since 2016
7 recorded transactions
Zoning & alternative use
C · Los Altos, 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 Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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%
$21,405,000
6.5%
$19,760,000
7%
$18,345,000
Blend value · Realmo final
$16.30M
Range $14.67M – $17.92M · ±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
$236 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$13,999,624
Assessed 2023
Previous assessed
$13,725,122
+2.0% YoY
Assessed land
$8,801,380
Assessed improvement
$5,198,244
Applied tax rate
11.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1900
Heating
NONE
Stories
1
Units
1
Total area
69,005 SF
Lot
6.13 ac (267,022 SF)
Zoning code
C
APN
189-56-014
UPID
US09-2947980
Jurisdiction
SANTA CLARA
Zoning & alternative use
C · Los Altos, CA
Zoning C · permitted uses
C · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Units
1
Lot
6.13 ac
Current owner
From public records · entity-resolved
Los Altos Rancho Shopping Ctr
Individual
Mailing address
960 N SAN ANTONIO RD, LOS ALTOS, CA 94022-1346
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
—
Los Altos Rancho Shopping Center LP
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Dec 1, 2016
—
Los Altos Rancho Shopping Ctr
Los Altos Rancho Shopping Ctr
Quit Claim Deed
related
$19,000,000 · Jp Morgan Chase Bk
Jun 9, 2009
—
Altos Rancho Shopping Cent Los
Vidovich S J & M Trust
Grant Deed
related
—
Jun 14, 2007
—
Andronicos Markets INC
—
Deed Of Trust
related
$20,000,000 · Bank Of The West
Nov 29, 2006
—
John T Vidovich
Vidovich,lydia
Quit Claim Deed
related
$16,000,000 · Washington Mutual Fsb
—
—
Steve J Vidovich
—
Deed Of Trust
related
$4,600,000 · Bay View Federal Bank
—
—
Steve J Vidovich
—
Deed Of Trust
related
$4,800,000 · Confederation Life Insurance
—
—
Andronico's Markets INC
—
Deed Of Trust
related
$25,000,000 · General Electric Capital Corp
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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