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Financial
Distress signals
Property profile

890 Renz Ln Gilroy, CA 95020

FOR SALE
Retail space
Property ID
US09-2371000
15,000 SF 2.39 ac lot Built 2003
Last sale Dec 2022 · $8,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail investment opportunity presents a 14,821 square foot multi-tenant shopping center in Gilroy, California. Located at 890 Renz Ln, 95020, this property boasts a prime location at the entrance of the Pacheco Pass Shopping Center, directly adjacent to Best Buy and in front of Lowe's. The center is 82% occupied by a mix of regional and national tenants, including GameStop and Sprint, under NNN leases, minimizing landlord responsibilities. Built between 2003 and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$114k
Tax billed · 2024
Assessed value$8.98M
Assessed land$4.23M
Assessed improvement$4.74M
Effective rate1.28%

Value estimate

· Oct 2026
$8.08M
$7.27M – $8.89M
AI approach$7.97M
CAP approach$6.24M
Submarket $/SF estimate$7.50M
NOI build-up
Gross scheduled income$599k
Vacancy & credit loss−$27k
Operating expenses−$172k
NOI · 4.42% cap applied$400k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$166 – $500
Qualifying comparables10

Cap rate analysis

How does the asset earn?
4.42%
$400k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A1-25
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.5
Parking Facility9.4
Carpet & Flooring Store9.2

Location

890 Renz Ln Gilroy, CA 95020
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Automall, Gilroy, CA 95020-7102 $710,000 Apr 2025 14,704 SF
6700 Automall Pkwypy, Gilroy, CA 95020-7143 $5,000,000 Sep 2024 16,000 SF
150 Leavesley, Gilroy, CA 95020-3638 $4,250,000 Mar 2024 18,864 SF
770 1st, Gilroy, CA 95020-4972 $11,050,000 Sep 2023 14,489 SF
7777 Monterey, Gilroy, CA 95020-5275 $1,195,000 Aug 2023 10,840 SF
8435 San Ysidro, Gilroy, CA 95020-3624 $4,945,000 Jul 2023 19,704 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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