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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Office buildings
697 Remington Dr Ste A Sunnyvale, CA 94087-1976
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-2928907
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
TILT-UP CONCRETE
Total area
3,200 SF
Lot
0.47 ac (20,360 SF)
Zoning code
R4PD
APN
211-20-045
UPID
US09-2928907
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
-
Dr. Sheetal S. Gokhale, DDS Dental Office
-
Richard T. Koenigsberg, DPM Physician
-
Remington Podiatry Group Medical Clinic
-
Sunnyvale Foot & Ankle Center Medical Clinic
-
Mehryar Amirkiai DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$1.06M
Owner & transaction history
Mehryar Amirkiai · 4 yrs held
Mehryar Amirkiai
since 2021
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
R4PD · 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
$1,055,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,165,000
7%
$1,085,000
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.05M (Dec 9 2021)
Last sale anchor
$1.05M
Dec 9 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
$331 / 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
$18,700
Tax year 2024
Assessed value
$1,578,737
Assessed 2024
Previous assessed
$1,578,737
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,277,938
Assessed improvement
$300,799
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
8
Total area
3,200 SF
Lot
0.47 ac (20,360 SF)
Zoning code
R4PD
APN
211-20-045
UPID
US09-2928907
Jurisdiction
SANTA CLARA
Zoning & alternative use
R4PD · Sunnyvale, CA
Zoning R4PD · permitted uses
R4PD · 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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Lot
0.47 ac
Current owner
From public records · entity-resolved
Mehryar Amirkiai
Individual
Free & Clear · 4 yrs held
Mailing address
697 E REMINGTON DR STE A, SUNNYVALE, CA 94087-1976
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2021
—
Mehryar Amirkiai
Mehryar Amirkiai
Intrafamily Transfer
related
—
Mar 13, 2003
$1,050,000
Mehryar Amirkiai
Leal,tr
Grant Deed
$525,000 · Sonoma National Bank
May 29, 1997
—
Kelly Trust
Kelly Trust
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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