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Property profile & analytics
FOR LEASE
Retail space
7900 Arroyo Cir Gilroy, CA 95020
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2972267
For Lease
1 / 10
$21,175,000
7900 Arroyo Cir, Gilroy, CA 95020
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
TILT-UP CONCRETE
Total area
125,597 SF
Lot
13.7 ac (596,772 SF)
Zoning code
C3
APN
841-69-037
UPID
US10-2972267
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
-
See Grins Parts Auto Parts Store
-
See Grins RV Collision Center Auto Repair Shop
-
Johnson RV Gilroy Car Dealership
-
Johnson RV Gilroy - RV Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.20M
Blend (final)
Blend
$21.18M
Owner & transaction history
Floor And Decor Outlets Of America · 2 yrs held
Floor And Decor Outlets Of America
since 2024
7 recorded transactions
Zoning & alternative use
C3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$35,045,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$21.18M
Range $19.06M – $23.29M · ±10%
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
$169 / 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
$191,958
Tax year 2024
Assessed value
$14,877,720
Assessed 2024
Previous assessed
$14,877,720
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$8,323,200
Assessed improvement
$6,554,520
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
125,597 SF
Lot
13.7 ac (596,772 SF)
Zoning code
C3
APN
841-69-037
UPID
US10-2972267
Jurisdiction
SANTA CLARA
Zoning & alternative use
C3 · Gilroy, CA
Zoning C3 · permitted uses
C3 · 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
OFFICE BUILDING
Est. value
$35.0M
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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
13.7 ac
Current owner
From public records · entity-resolved
Floor And Decor Outlets Of America
Individual
Mailing address
1075 PEACHTREE ST NE STE #2500, ATLANTA, GA 30309-3958
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
—
Floor And Decor Outlets Of America
Gilroy Ventures LLC
Deed
—
Apr 19, 2024
$13,800,000
Gilroy Ventures LLC
Gilroy Jrv LLC
Grant Deed
$17,450,000 · A10 Capital LLC
Jun 16, 2022
—
Gilroy Jrv LLC
—
Deed
related
$11,680,000 · Bank Of America NA
Sep 17, 2021
$14,300,000
Gilroy Jrv LLC
Randy L Scianna
Grant Deed
$10,725,000 · Bank Of The West
Sep 10, 2021
$1,000,000
Edward Saldana
Randy L Scianna
Grant Deed
—
Sep 10, 2021
—
Edward Saldana
Natalia Saldana
Intrafamily Transfer
related
—
Feb 20, 2019
—
Scianna-nguyen Living Trust
—
Deed
related
$5,671,221 · Wells Fargo Bk
Dec 15, 2016
—
Randy L Scianna
—
Deed
related
$6,100,000 · Wells Fargo Bank NA
Jan 8, 2016
—
Lt Scianna-nguyen Living Trust
Nguyen,randy L & Kim-anh T
Quit Claim Deed
related
—
May 26, 2015
$6,000,000
Randy L Scianna
Daniel E Hudson
Grant Deed
$3,376,000 · Onewest Bank NA
Mar 22, 2012
—
Dhi Trust
Hudson,daniel E
Grant Deed
related
—
Mar 22, 2012
$2,719,500
Dhi Trust
Hudson,robert B
Grant Deed
related
—
Jun 6, 2007
—
Daniel E Hudson
Hudson Trust
Quit Claim Deed
related
—
Dec 20, 2004
—
Robert B Hudson
Hudson,kennon
Quit Claim Deed
$4,000,000 · Washington Mutual Fsb
Jul 30, 2002
—
Wal-mart Real Estate Business
Wal-mart Stores INC
Quit Claim Deed
related
—
Dec 29, 1994
$5,742,500
William J Wade Trustee
Wal-mart Stores
Grant Deed
—
Feb 11, 1993
—
Wal Mart Stores Corp
Southpoint Busin
Grant Deed
related
—
—
—
Robert B Hudson
—
Deed Of Trust
related
$4,000,000 · Washington Mutual Fsb
—
—
Scianna-nguyen Living Trust
—
Loan Modification
related
$5,671,221 · Wells Fargo Bk
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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