Back to Search
Property profile & analytics
FOR LEASE
Office buildings
675 Creekside Way Campbell, CA 95008
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1547994
For Lease
Contact for pricing
675 Creekside Way, Campbell, CA 95008
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
177,815 SF
Lot
3.47 ac (151,153 SF)
Zoning code
PD
APN
288-01-027
UPID
US09-1547994
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
-
Creekside @ 17 Corporate Office
-
8x8, Inc. Telecommunications Service
-
Dios jesusucristo mexico Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$102.65M
Comparable Approach
Comparable
$142.81M
Blend (final)
Blend
$129.37M
Owner & transaction history
675 Creekside Owner LLC · 6 yrs held
675 Creekside Owner LLC
since 2020
Last sale
$139.0M
6 recorded transactions
Zoning & alternative use
PD · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$182.7M
+79.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$174,995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$111,205,000
6.5%
$102,650,000
7%
$95,320,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$101,790,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$182,740,000
Change: +80% · Conversion: Difficult
Blend value · Realmo final
$129.37M
Range $116.43M – $142.31M · ±10% · vs last sale $139.00M (Mar 2 2020)
Last sale anchor
$139.00M
Mar 2 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
$728 / 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
$1,701,930
Tax year 2024
Assessed value
$140,994,572
Assessed 2024
Previous assessed
$140,994,572
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$23,052,343
Assessed improvement
$117,942,229
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2016
Heating
NONE
Cooling
YES
Buildings
2
Stories
5
Total area
177,815 SF
Lot
3.47 ac (151,153 SF)
Zoning code
PD
APN
288-01-027
UPID
US09-1547994
Jurisdiction
SANTA CLARA
Zoning & alternative use
PD · Campbell, CA
Zoning PD · permitted uses
PD · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$101.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$182.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Lot
3.47 ac
Current owner
From public records · entity-resolved
675 Creekside Owner LLC
Entity
Mailing address
1345 AVE OF THE AMERICAS FL #31, NEW YORK, NY 10105-3199
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2020
$139,000,000
675 Creekside Owner LLC
Crp Of Sb Creekside 17 LLC
Grant Deed
$83,400,000 · Dbr Invs Co Ltd
Aug 31, 2018
—
Crp Of Sb Creekside 17 LLC
Crp Of Sb Creekside 17 LLC
Quit Claim Deed
$63,533,000 · Oaktree R/e Debt II Ole LLC
Jun 10, 2013
—
Hamilton Campbell LLC
—
Loan Modification
related
$5,265,000 · Comerica Bk
Jul 22, 2008
$4,500,000
Hamilton Campbell LLC
Creekside Office Center LLC
Trustees Deed
$3,450,000 · Comerica Bk
—
—
Hamilton Campbell LLC
—
Loan Modification
related
$2,400,000 · Comerica Bk
—
—
Hamilton Campbell LLC
—
Loan Modification
related
$2,400,000 · Comerica Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
