Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Industrial properties
8881 Muraoka Dr Gilroy, CA 95020-3689
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5348113
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Total area
10,578 SF
Lot
0.81 ac (35,283 SF)
Zoning code
M1
APN
835-31-011
UPID
US09-5348113
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
-
EC Auto and Iron Fabrication INC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$965k
Owner & transaction history
Bill Michael Napoli · 3 yrs held
Bill Michael Napoli
since 2022
Last sale
$990,000
7 recorded transactions
Zoning & alternative use
M1 · 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
$945,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,485,000
Current use
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $990k (Aug 18 2022)
Last sale anchor
$990k
Aug 18 2022
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
$91 / 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
$15,035
Tax year 2024
Assessed value
$1,166,493
Assessed 2024
Previous assessed
$1,166,493
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$518,442
Assessed improvement
$648,051
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
2001
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,578 SF
Lot
0.81 ac (35,283 SF)
Zoning code
M1
APN
835-31-011
UPID
US09-5348113
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1 · Gilroy, CA
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
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
2001
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Bill Michael Napoli
Individual
Free & Clear · 3 yrs held
Mailing address
1590 EDMUNDSON CT, MORGAN HILL, CA 95037-9716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
—
Bill Michael Napoli
Bill Michael Napoli
Intrafamily Transfer
related
—
Oct 10, 2014
$990,000
Napoli Trust
Thotus Living Trust
Grant Deed
—
Feb 5, 2010
$650,000
Thotus Living Trust
Wells Fargo Bk NA
Grant Deed
—
Jan 22, 2010
$596,390
Fargo Bk NA Wells
Wt Capital Lender Services
Trustees Deed
related
—
Jun 11, 2007
—
Howard P D 2007 Living Trust
Howard,patrick D
Quit Claim Deed
related
—
Apr 3, 2007
$1,300,000
Patrick D Howard
Donald Chuck Mitchell
Grant Deed
$650,000 · Wells Fargo Bank NA
Nov 6, 2002
—
Chuck,tr
Chuck,mitchell D & Janet M
Quit Claim Deed
related
—
May 5, 2000
$201,500
Mitchell Chuck
Kishimura Trust
Grant Deed
$145,569 · Seller
Jun 9, 1999
—
Donald C Christopher
Robert H Kishimura Trustee
Grant 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 8881 Muraoka Dr?
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.
