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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Life science properties
980th University Avea Los Gatos, CA 95032-7620
Entity Owned
9-yr Hold
Free & Clear
Property ID
US09-3657977
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1968
Construction
TILT-UP CONCRETE
Total area
66,400 SF
Lot
3.17 ac (138,128 SF)
Zoning code
CM
APN
424-31-028
UPID
US09-3657977
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$760k
Owner & transaction history
980 JR LLC · 9 yrs held
980 JR LLC
since 2017
7 recorded transactions
Zoning & alternative use
CM · 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
Method
Estimation
Statistic approach
by Request
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$11 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$16,347,945
Assessed 2023
Previous assessed
$16,027,398
+2.0% YoY
Assessed land
$10,910,415
Assessed improvement
$5,437,530
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
3
Total area
66,400 SF
Lot
3.17 ac (138,128 SF)
Zoning code
CM
APN
424-31-028
UPID
US09-3657977
Jurisdiction
SANTA CLARA
Zoning & alternative use
CM · Los Gatos, CA
Zoning CM · permitted uses
CM · 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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Lot
3.17 ac
Current owner
From public records · entity-resolved
980 JR LLC
Entity
Free & Clear · 9 yrs held
Mailing address
985 UNIVERSITY AVE STE #12, LOS GATOS, CA 95032-7639
Ownership since
2017
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
Apr 5, 2017
$4,200,000
980 JR LLC
Jb 980 LLC
Grant Deed
—
Oct 21, 2016
—
Jb 980 LLC
980 University LLC
Quit Claim Deed
related
—
Nov 26, 2014
$7,614,000
980 University LLC
Br3 Partners
Grant Deed
—
Nov 26, 2014
—
Br3 Partners
—
Loan Modification
related
$2,350,000 · Miscellaneous Ins Co
Jun 8, 2010
—
Br3 Partners
—
Deed Of Trust
related
$2,350,000 · Minnesota Life Insurance Co
May 30, 2000
$3,110,000
Br3 Partners
Boccardo Corp
Grant Deed
related
—
Dec 4, 1996
—
Boccardo Corp
—
Deed Of Trust
related
$3,640,000 · Bank Of America
Mar 1, 1996
—
Boccardo Corporation
Pen Nom I Corp
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.
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