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Property profile & analytics
OFF-MARKET
Office buildings
7528 Eigleberry St Gilroy, CA 95020-5714
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0150229
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
WOOD
Total area
1,834 SF
Lot
0.22 ac (9,558 SF)
Zoning code
C1
APN
799-50-009
UPID
US09-0150229
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
-
Christine Langell Ophthalmologist
-
Harper Richard J MD Ophthalmologist
-
Graef House Tour Operator
-
Fourth & Fifth Lot Parking Lot & Garage
-
Sav’s Wax Bar Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard J Harper · 12 yrs held
Richard J Harper
since 2013
3 recorded transactions
Zoning & alternative use
C1 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C1 NEIGHBORHOOD COMMERCIAL DISTRICT § 30.13.10 Statement of intent. § 30.13.20 Permitted uses and conditional uses. § 30.13.30 Site and building requirements. § 30.13.10 Statement of intent. The intent of the C1 neighborhood commercial district is to provide areas in the city suitable for commercial uses of a low intensity and of a neighborhood character, wh…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
21.72 ac
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
—
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
$4,089
Tax year 2024
Assessed value
$312,463
Assessed 2024
Previous assessed
$312,463
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$96,140
Assessed improvement
$216,323
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Rooms
7
Bathrooms
1
Total area
1,834 SF
Lot
0.22 ac (9,558 SF)
Zoning code
C1
APN
799-50-009
UPID
US09-0150229
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1 · Gilroy, CAZoning C1 · permitted uses
C1 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C1 NEIGHBORHOOD COMMERCIAL DISTRICT § 30.13.10 Statement of intent. § 30.13.20 Permitted uses and conditional uses. § 30.13.30 Site and building requirements. § 30.13.10 Statement of intent. The intent of the C1 neighborhood commercial district is to provide areas in the city suitable for commercial uses of a low intensity and of a neighborhood character, which cater directly to residents of the immediate neighborhood only, rather than to the entire city. The uses in this district are intended to be of low intensity in order to be compatible with residential living. Ample landscaping and creative design are encouraged in the C1 neighborhood commercial district. The following regulations, except to the extent that they may be modified by a combining district, shall apply to every lot and building in a C1 neighborhood commercial district. ( Ord. No. 2013-08 , § 2 (Exh. A), 8-5-2013 )
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
21.72 ac
Building & site characteristics
From public records
Year built
1890
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Richard J Harper
Individual
Free & Clear · 12 yrs held
Mailing address
7741 SANTA THERESA DR, GILROY, CA 95020-4921
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Sep 6, 2013
$260,000
Richard J Harper
Custom One INC
Quit Claim Deed
related
—
May 31, 2006
$779,000
Custom One INC
Katherine J Harper Beckett
Grant Deed
$545,300 · Dba South Valley National Bank
Dec 1, 1988
$285,000
Richard&k Harper
The Nadler Famil
Grant Deed
—
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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