Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,250,000
Industrial properties
7700 Arroyo Cir Gilroy, CA 95020-7312
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3046289
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
39,342 SF
Lot
3.51 ac (152,896 SF)
Zoning code
M2
APN
841-69-023
UPID
US09-3046289
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
-
Specialty Truck Parts Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.25M
CAP Approach
CAP
$10.10M
Comparable Approach
Comparable
$8.67M
Blend (final)
Blend
$9.25M
Owner & transaction history
Medar LLC · 1 yrs held
Medar LLC
since 2024
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
M2 · Gilroy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$14.0M
+153.0%
Retail stores
$12.4M
+123.9%
Office building
$11.0M
+98.6%
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
$9,250,000
ML approach
$9,250,000
CAP Approach
CAP Return
Estimation
6%
$10,945,000
6.5%
$10,100,000
7%
$9,380,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,985,000
Change: +153% · Conversion: Easy
RETAIL STORES
$12,375,000
Change: +124% · Conversion: Moderate
OFFICE BUILDING
$10,975,000
Change: +99% · Conversion: Difficult
Blend value · Realmo final
$9.25M
Range $8.33M – $10.18M · ±10% · vs last sale $9.25M (Aug 13 2024)
Last sale anchor
$9.25M
Aug 13 2024
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
$235 / 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
$102,235
Tax year 2024
Assessed value
$8,092,978
Assessed 2024
Previous assessed
$8,092,978
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,624,749
Assessed improvement
$5,468,229
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
39,342 SF
Lot
3.51 ac (152,896 SF)
Zoning code
M2
APN
841-69-023
UPID
US09-3046289
Jurisdiction
SANTA CLARA
Zoning & alternative use
M2 · Gilroy, CA
Zoning M2 · permitted uses
M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$14.0M
RETAIL STORES
Est. value
$12.4M
OFFICE BUILDING
Est. value
$11.0M
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
Medar LLC
Entity
Mailing address
17495 CARRIAGE LAMP WAY, MORGAN HILL, CA 95037-3748
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
$9,250,000
Medar LLC
Specialty Truck Parts INC
Grant Deed
$4,625,000 · Pinnacle Bank
Aug 13, 2024
—
Medar LLC
—
Deed
related
$3,700,000 · The Mortgage Capital Development Corp
Feb 7, 2024
—
Specialty Truck Parts INC
—
Deed
related
$400,000 · Elizabeth M Knight
Aug 12, 2021
—
Specialty Truck Parts INC
—
Deed
related
$500,000 · Santa Cruz County Bank
Nov 1, 2018
$7,400,000
Specialty Truck Parts INC
Tytus Holding LLC
Grant Deed
—
May 6, 2013
$2,300,000
Tytus Holding LLC
Big Blue Estates LLC
Grant Deed
$2,130,000 · Wells Fargo Bank NA
Jun 9, 2005
—
Big Blue Estates LLC
Big Blue Estates LLC
Quit Claim Deed
related
—
Sep 2, 2004
—
Steven B Matthews
Matthews,bonnie
Quit Claim Deed
related
—
Aug 31, 2004
—
Richard T Matthews
Matthews,jan
Quit Claim Deed
related
—
Aug 31, 2004
$3,400,000
Big Blue Properties LLC
Matthews,dennis K
Grant Deed
$1,797,000 · Bank Of America
Aug 17, 2004
—
Dwennis K Matthews
M-6 LP
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.
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?”
You own 7700 Arroyo Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
