Back to Search
Property profile & analytics
FOR LEASE
Strip malls
6908 Automall Pkwy Gilroy, CA 95020
Individually Owned
5-yr Hold
Free & Clear
Property ID
US10-2885938
For Lease
1 / 2
$3,430,000
6908 Automall Pkwy, Gilroy, CA 95020
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Total area
29,048 SF
Lot
2.31 ac (100,623 SF)
Zoning code
HC
APN
841-66-016
UPID
US10-2885938
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
$3.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.43M
Owner & transaction history
Alfredo Lopez · 5 yrs held
Alfredo Lopez
since 2021
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
HC · 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
Method
Estimation
Statistic approach
$3,345,000
ML approach
$3,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.43M
Range $3.09M – $3.77M · ±10% · vs last sale $3.50M (Feb 22 2021)
Last sale anchor
$3.50M
Feb 22 2021
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
$118 / 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
$4,332,149
Assessed 2023
Previous assessed
$4,247,206
+2.0% YoY
Assessed land
$3,119,152
Assessed improvement
$1,212,997
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1970
Heating
NONE
Stories
1
Units
1
Total area
29,048 SF
Lot
2.31 ac (100,623 SF)
Zoning code
HC
APN
841-66-016
UPID
US10-2885938
Jurisdiction
SANTA CLARA
Zoning & alternative use
HC · Gilroy, CA
Zoning HC · permitted uses
HC · 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
1970
Heating
NONE
Stories
1
Units
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Alfredo Lopez
Individual
Free & Clear · 5 yrs held
Mailing address
5355 CASTLEFORD CT, NEWARK, CA 94560-1319
Ownership since
2021
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 22, 2021
—
Alfredo Lopez
Alfredo Lopez
Intrafamily Transfer
related
—
Aug 7, 2020
—
Alfredea Lopez
—
Deed
related
$4,064,000 · Bank Of America
Oct 2, 2008
—
Alonzo Lopez
Lopez,rocio
Quit Claim Deed
related
—
Oct 2, 2008
$3,500,000
Alfredo Lopez
6906 Chestnut LLC
Grant Deed
$1,750,000 · Wells Fargo Bank NA
Jan 21, 2005
—
6906 Chestnut LLC
Conyes Construction Corp
Quit Claim Deed
related
—
—
—
Alonzo Lopez
—
Deed Of Trust
related
$1,607,365 · Bank Of America
—
—
Alfredo Lopez
—
Deed Of Trust
related
$2,635,000 · Bank Of America
—
—
Alfredea Lopez
—
Deed Of Trust
related
$4,064,000 · Bank Of America
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.
