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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Retail space
616 Hollenbeck Ave Sunnyvale, CA 94087-1236
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-0926008
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
TILT-UP CONCRETE
Total area
6,304 SF
Lot
0.69 ac (30,256 SF)
Zoning code
C2PD
APN
201-22-001
UPID
US09-0926008
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
-
Bollywood Salon & Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Richard S Dairiki · 1 yrs held
Richard S Dairiki
since 2025
Last sale
$968,000
7 recorded transactions
Zoning & alternative use
C2PD · Sunnyvale, 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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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
$930,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $968k (Feb 28 2025)
Last sale anchor
$968k
Feb 28 2025
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
$151 / 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
$17,451
Tax year 2024
Assessed value
$1,458,611
Assessed 2024
Previous assessed
$1,458,611
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$813,690
Assessed improvement
$644,921
Applied tax rate
9.0000
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
4
Total area
6,304 SF
Lot
0.69 ac (30,256 SF)
Zoning code
C2PD
APN
201-22-001
UPID
US09-0926008
Jurisdiction
SANTA CLARA
Zoning & alternative use
C2PD · Sunnyvale, CA
Zoning C2PD · permitted uses
C2PD · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
Richard S Dairiki
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 753, LOS ALTOS, CA 94023-0753
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Richard S Dairiki
Richard S Dairiki
Deed
related
—
May 4, 1999
—
George P Kwong
Kwong,mei M
Quit Claim Deed
related
—
May 4, 1999
$968,000
Dairiki Trust
Wong Trust
Trustees Deed
$642,000 · Bank Of Los Altos
Aug 6, 1996
—
Kwong Trust
Kwong,peter & Polly P
Quit Claim Deed
related
—
Feb 23, 1994
—
Wong Trust
Wong,p H & Pausa
Quit Claim Deed
related
—
Dec 2, 1993
—
Wong P
Wong,p.&p.
Quit Claim Deed
related
—
Jun 3, 1993
—
Symantha Kwong
Kwong,w. Trustee
Quit Claim Deed
related
—
Jun 18, 1992
—
Gee Howard&lindy Trustee
Gee,h./gee L.
Quit Claim 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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