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Property profile & analytics
OFF-MARKET Estimated value $5,830,000
Office buildings

740 Calaveras Blvd Milpitas, CA 95035-5439

15,681 SF 2.2 ac lot Built 1983
Entity Owned 14-yr Hold Free & Clear
Property ID
US09-2487033
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 15,681 SF
Lot 2.2 ac (95,832 SF)
Zoning code M2
APN 086-28-038
UPID US09-2487033
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
  • Merrill Investment & Retirement Financial Center Financial Advisor
  • Mortgage, Bank of America Loan Service Bank
  • Merrill Edge Financial Advisor
  • Bank of America Financial Center Bank Loan Service
  • Bank of America ATM Atm Financial Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.56M
Blend (final) Blend
$5.83M
Owner & transaction history
Bank Of America NA · 14 yrs held
Bank Of America NA
since 2011
3 recorded transactions
2011
$3.9M
2004
Price N/A
1998
Price N/A
Zoning & alternative use
M2 · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. Heavy Industrial (M2) Zone. The Heavy Industrial (M2) Zone is reserved for the construction, use, and occupancy of buildings and facilities for office, research, general manufacturing, warehousing and distribution, and other uses compatible with the Zone. C. Industrial Park (MP) Zone. The Industrial Park (MP) Zone is intended to accommodate, in a park- li…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 576.11 ac
Source Updated Zoning Ordinance Final
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