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Property profile & analytics
OFF-MARKET
Estimated value
$14,210,000
Warehouses
950 University Ave Los Gatos, CA 95032-7620
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-3289383
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Total area
86,345 SF
Lot
1.31 ac (57,000 SF)
Zoning code
CM-PD
APN
424-31-065
UPID
US09-3289383
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Kindness Cleaning Hardware & Home Improvement
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.21M
Owner & transaction history
Space Properties Forty F Extra · 14 yrs held
Space Properties Forty F Extra
since 2011
6 recorded transactions
Zoning & alternative use
CM-PD · Los Gatos, 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 Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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
$165 / 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
$133,859
Tax year 2024
Assessed value
$11,657,509
Assessed 2024
Previous assessed
$11,657,509
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$3,283,797
Assessed improvement
$8,373,712
Applied tax rate
3.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Heating
NONE
Stories
3
Total area
86,345 SF
Lot
1.31 ac (57,000 SF)
Zoning code
CM-PD
APN
424-31-065
UPID
US09-3289383
Jurisdiction
SANTA CLARA
Zoning & alternative use
CM-PD · Los Gatos, CA
Zoning CM-PD · permitted uses
CM-PD · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Stories
3
Lot
1.31 ac
Current owner
From public records · entity-resolved
Space Properties Forty F Extra
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2018
—
Extra Space Prop Forty Five Ll
—
Deed
related
$100,000 · Wells Fargo Bk
Jun 5, 2013
—
Extra Space Properties Forty
—
Loan Modification
related
$85,000,000 · Wells Fargo Bank
Aug 11, 2011
—
Space Properties Forty F Extra
Extra Space Of Los Gatos LLC
Quit Claim Deed
related
$120,000,000 · Wells Fargo Bank
Jun 19, 2009
—
Extra Space Of Los Gatos LLC
Extra Space Of Los Gatos LLC
Quit Claim Deed
related
—
Sep 27, 2007
—
Extra Space Of Los Gatos LLC
Verizon California INC
Grant Deed
—
—
—
Extra Space Prop Forty Five Ll
—
Loan Modification
related
$100,000 · Wells Fargo Bk
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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