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Property profile & analytics
OFF-MARKET
Estimated value
$5,105,000
Office buildings
881 Fremont Ave Los Altos, CA 94024-5697
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0046780
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
10,800 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CN
APN
189-14-080
UPID
US09-0046780
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
-
Los Altos Dental Excellence Dental Office
-
Dr. Susan Ezzati, DDS Dental Office
-
Foothill Dental Care Dental Office
-
Foothill Dental Care: Ezzati Cyrus DDS Dental Office
-
Teresa Bailey, Ph.D., Ph.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.11M
Owner & transaction history
Ross E Farley II · 2 yrs held
Ross E Farley II
since 2023
7 recorded transactions
Zoning & alternative use
CN · Los Altos, 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 Los Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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%
$6,755,000
6.5%
$6,235,000
7%
$5,790,000
Blend value · Realmo final
$5.11M
Range $4.59M – $5.62M · ±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
$473 / 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
$69,365
Tax year 2024
Assessed value
$5,794,935
Assessed 2024
Previous assessed
$5,794,935
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,511,138
Assessed improvement
$3,283,797
Applied tax rate
11.0000
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
1972
Heating
NONE
Cooling
YES
Stories
2
Total area
10,800 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CN
APN
189-14-080
UPID
US09-0046780
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · Los Altos, CA
Zoning CN · permitted uses
CN · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Ross E Farley II
Individual
Mailing address
5 LOS ROBLES RD, CARMEL VALLEY, CA 93924-9427
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
—
Ross E Farley II
Ross E Farley II
Intrafamily Transfer
related
—
Apr 14, 2017
—
Farley,ross & Lynette Trust
—
Deed
related
$2,500,000 · Mufg Union Bk NA
Jul 31, 2007
—
Ross E Farley II
Gail Bates Yessne
Grant Deed
$2,500,000 · Washington Mutual Bank
Feb 18, 1998
$2,250,000
Yessne Trust
Fa Trust
Grant Deed
$1,600,000 · Bank Of America
—
—
Farley,ross & Lynette Trust
—
Deed Of Trust
related
$2,500,000 · Mufg Union Bk NA
—
—
Yessene Trust
—
Deed Of Trust
related
$1,670,000 · Wells Fargo Bank
—
—
Yessene Trust
—
Deed Of Trust
related
$650,000 · Wells Fargo Bank
—
—
Bates-yessne Family Trust
—
Deed Of Trust
related
$2,000,000 · Bank Of America
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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