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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Distribution properties
930 California Ave Sunnyvale, CA 94085-4502
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3231136
Property profile
Verified
Property type
Distribution properties
Use group
BUS TERMINAL
Year built
1956
Construction
TILT-UP CONCRETE
Total area
18,651 SF
Lot
1.34 ac (58,370 SF)
Zoning code
MS
APN
205-35-003
UPID
US10-3231136
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$815k
Owner & transaction history
Applied Materials INC · 1 yrs held
Applied Materials INC
since 2025
7 recorded transactions
Zoning & alternative use
MS · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The M-S industrial and service zoning district is reserved for the construction, use and occupancy of buildings and facilities for offices, research, limited manufacturing, hotels and motels, restaurants, financial uses, retail sales and services, professional services and other uses compatible with the zoning district. (b) The M-3 general industrial zoning…
Zone name
Industrial And Service
General category
INDUSTRIAL
Zone area
770.26 ac
Top alternative use upside
Retail stores
$1.3M
+75.4%
Apartment house (5+ units)
$945,000
+28.5%
Warehouse, storage
$915,000
+24.6%
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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$735,000
Current use
RETAIL STORES
$1,290,000
Change: +75% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$945,000
Change: +28% · Conversion: Difficult
WAREHOUSE, STORAGE
$915,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$44 / 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
$110,433
Tax year 2024
Assessed value
$9,483,002
Assessed 2024
Previous assessed
$9,483,002
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$8,937,274
Assessed improvement
$545,728
Applied tax rate
9.0000
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
Distribution properties
Use group
BUS TERMINAL
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Bathrooms
8
Total area
18,651 SF
Lot
1.34 ac (58,370 SF)
Zoning code
MS
APN
205-35-003
UPID
US10-3231136
Jurisdiction
SANTA CLARA
Zoning & alternative use
MS · Sunnyvale, CAZoning MS · permitted uses
MS · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The M-S industrial and service zoning district is reserved for the construction, use and occupancy of buildings and facilities for offices, research, limited manufacturing, hotels and motels, restaurants, financial uses, retail sales and services, professional services and other uses compatible with the zoning district. (b) The M-3 general industrial zoning district is reserved for the construction, use and occupancy of buildings and facilities for office, research, general manufacturing, and other uses compatible with the zoning district. ( Prior zoning code §§ 19.32.130(a), 19.32.140(a) ; Ord. 2623-99
Zone name
Industrial And Service
General category
INDUSTRIAL
Zone area
770.26 ac
Alternative use value scenarios
Repositioning upside vs current use
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$735,000
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
8
Lot
1.34 ac
Current owner
From public records · entity-resolved
Applied Materials INC
Entity
Mailing address
9700 US HWY, AUSTIN, CA
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 12, 2025
—
Applied Materials INC
Applied Materials INC
Grant Deed
related
—
Jun 27, 2019
$8,671,000
Applied Materials INC
Hickey Properties LLC
Grant Deed
—
Feb 10, 2004
$2,100,000
Hickey Properties LLC
Shimada,melvin J
Grant Deed
$1,680,000 · Wachovia Commercial Mortgage
Feb 18, 1999
—
Melvin J Shimada
Shimada Trust
Quit Claim Deed
related
—
Oct 16, 1998
—
Shimada Trust
Shimada Trust
Quit Claim Deed
related
—
May 7, 1990
$875,000
Shimada Family T
California Capit
Grant Deed
$600,000 · Wells Fargo Bank
—
—
Melvin J Shimada
—
Deed Of Trust
related
$850,000 · Cupertino National Bank
—
—
Melvin J Shimada
—
Deed Of Trust
related
$515,000 · Eugene Canderle
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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