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Financial
Distress signals
Property profile

991 Richard Ave 1 Santa Clara, CA 95050

OFF-MARKET
Industrial properties
Property ID
US10-2990328
8,000 SF 0.69 ac lot Built 1951
Last sale Dec 2024 · $4,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 8,000-square-foot warehouse in Santa Clara, California, is offered for sale at $4,500,000. Built in 1951, this single-story industrial property sits on a 0.69-acre lot and is zoned MH (Heavy Industrial). The warehouse features 3 grade-level dock high doors and boasts a 13.5-foot clear ceiling height. Currently configured as two separately metered suites (approximately 5,000 SF and 3,000 SF), the space offers flexibility for various uses. Approximately 40% of the building is dedicated…

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?
$22k
Tax billed · 2024
Assessed value$1.86M
Assessed land$1.57M
Assessed improvement$290k
Effective rate1.19%

Value estimate

· Oct 2026
$2.91M
$2.62M – $3.20M
CAP approach$2.06M
Submarket $/SF estimate$3.51M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$346/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$183 – $501
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MH
The purpose of the MH Heavy Industrial Zone is to provide areas for the construction, use, and occupancy of a broad range of heavy indust...
General categoryRESIDENTIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.6
Dental Office25.6
Restaurant21.7

Location

991 Richard Ave, Unit 1 Santa Clara, CA 95050-2814
County assessor Recorded deeds · 10 transfers 16 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
364 Reed, Santa Clara, CA 95050-3108 $6,150,000 Oct 2024 19,778 SF
1745 Walsh, Santa Clara, CA 95050-2546 $884,000 Aug 2024 4,992 SF
868 Parker, Santa Clara, CA 95050 $4,900,000 Jul 2024 2,880 SF
870 Parker, Santa Clara, CA 95050 $4,900,000 Jul 2024 2,670 SF
407 Mathew, Santa Clara, CA 95050-3105 $3,150,000 Jun 2024 9,440 SF
1800 De La Cruz, Santa Clara, CA 95050-3004 $4,000,000 May 2024 7,067 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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