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Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Warehouses
6215 Engel Way Gilroy, CA 95020-7012
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3168684
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
TILT-UP CONCRETE
Total area
163,200 SF
Lot
8.62 ac (375,487 SF)
Zoning code
M-2
APN
841-15-054
UPID
US10-3168684
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
$2.49M
Owner & transaction history
Ehj16l LLC · 1 yrs held
Ehj16l LLC
since 2025
7 recorded transactions
Zoning & alternative use
M-2 · Gilroy, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$15 / 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
$455,813
Tax year 2024
Assessed value
$18,889,502
Assessed 2024
Previous assessed
$18,889,502
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$6,367,248
Assessed improvement
$12,522,254
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
163,200 SF
Lot
8.62 ac (375,487 SF)
Zoning code
M-2
APN
841-15-054
UPID
US10-3168684
Jurisdiction
SANTA CLARA
Zoning & alternative use
M-2 · Gilroy, CA
Zoning M-2 · permitted uses
M-2 · 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.
Building & site characteristics
From public records
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
8.62 ac
Current owner
From public records · entity-resolved
Ehj16l LLC
Entity
Mailing address
6116 WALKER AVE, MAYWOOD, CA 90270-3447
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Ehj16l LLC
Ehj9 Property LLC
Grant Deed
$120,000,000 · Sp Odf II Finance LLC
Apr 8, 2025
—
Sj Distributors LLC
Ehj16l LLC
Deed
—
May 5, 2021
$155,000
Ehj9 Property LLC
Bilcar Limited Partnership
Grant Deed
$11,625,000 · Comerica Bank
Sep 17, 2014
$1,623,500
Jeffrey Barnes
Evans,leland B
Quit Claim Deed
related
—
Sep 17, 2014
—
Jeffrey Barnes
Barnes,rebecca
Quit Claim Deed
$7,381,000 · Comerica Bank
Feb 17, 2005
—
Zimmerman Trust
Evans,leland B
Grant Deed
—
May 25, 2001
—
Leland B Evans
Hans Helga LLC
Grant Deed
$5,750,000 · Hans Helga LLC
Jul 9, 1998
$3,500,000
Del Charro Properties LP
Gilroy Properties LP
Trustees Deed
—
Jul 16, 1997
—
Gilroy Properties
Gilroy Canning
Quit Claim Deed
related
—
Jul 29, 1988
—
Gilroy Propertie
—
Quit Claim Deed
related
$1,500,000 · Home Savings Of America
—
—
Hans Helga LLC
—
Deed Of Trust
related
$295,000 · Del Charro Properties LP
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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