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Property profile & analytics
OFF-MARKET
Life science properties
881 Yosemite Way Milpitas, CA 95035-6329
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-2959656
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2001
Total area
11,468 SF
Lot
0.79 ac (34,456 SF)
Zoning code
M2S
APN
086-31-075
UPID
US10-2959656
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
-
Gadgeon Systems INC - End To End IoT Solutions Development Company (Bike/Boat/Book/etc) Store Corporate Office
-
EE Tools Electronics & Wireless Store
-
Ist Engineering Inc Industrial Manufacturer Production Facility
-
Virsog tech private limited (Bike/Boat/Book/etc) Store Corporate Office
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
James Myong Pak · 12 yrs held
James Myong Pak
since 2014
7 recorded transactions
Zoning & alternative use
M2S · Milpitas, 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 Milpitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milpitas 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
$27,228
Tax year 2024
Assessed value
$2,299,674
Assessed 2024
Previous assessed
$2,299,674
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$724,829
Assessed improvement
$1,574,845
Applied tax rate
12.0000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
11,468 SF
Lot
0.79 ac (34,456 SF)
Zoning code
M2S
APN
086-31-075
UPID
US10-2959656
Jurisdiction
SANTA CLARA
Zoning & alternative use
M2S · Milpitas, CA
Zoning M2S · permitted uses
M2S · Milpitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milpitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
James Myong Pak
Individual
Mailing address
881 YOSEMITE WAY, MILPITAS, CA 95035-6329
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2019
—
James M Pak
—
Deed
related
$500,000 · Kwang I Park
Sep 26, 2016
—
James M Pak
—
Deed
related
$894,900 · Bank Of The West
Apr 22, 2014
—
James Myong Pak
James Myong Pak
Intrafamily Transfer
related
$900,000 · Cathay Bank
Aug 12, 2010
$53,000
James M Pak
Pak,james M & Grace C
Grant Deed
related
—
—
—
James M Pak
—
Deed Of Trust
related
$200,000 · Cathay Bank
—
—
James M Pak
—
Deed Of Trust
related
$500,000 · Kwang I Park
—
—
James M Pak
—
Deed Of Trust
related
$200,000 · Cathay Bank
—
—
James M Pak
—
Deed Of Trust
related
$200,000 · Cathay Bank
—
—
James M Pak
—
Deed Of Trust
related
$100,000 · Cathay Bank
—
—
James M Pak
—
Deed Of Trust
related
$894,900 · Bank Of The West
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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