Santa Clara County property record for 540 Alder Dr, Milpitas, CA 95035 · Last verified October 2025
| Property Type | Industrial > General Industrial |
|---|---|
| Architecture Style | Other |
| Year Built | Built 1985 |
| Square Footage | 52,812 sqft Total Area |
| Lot Size | 164,201 sqft (3.77 acres) |
| Last Sale | $170,000,000 (2021) |
| Tax Bill | $183,083.00 (2025) |
| Primary APN | 083-19-020 |
|---|---|
| Alternative APN |
|
| Building Area | 52,812 sqft Total Area |
|---|---|
| Stories | 2 Stories |
| Elevator | Elevator |
| Year Built | Built 1985 |
|---|---|
| Architectural Style | Other Style |
| Construction Type | Tilt-Up Concrete Construction |
| Fire Resistance Class | Buildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame. |
| Lot Area | 164,201 sqft (3.77 acres) |
| Sprinklers | Installed Lawn/Plantings Watering System Sprinklers |
| Cooling System | HVAC Cooling |
|---|
| Old Parcel Number | 08602057 |
|---|---|
| Street Address | 540 ALDER DR |
| City | MILPITAS |
| State | CA |
| Zip | 95035-7443 |
| Property Usage | Industrial Property Usage |
| Type | Industrial > General Industrial |
| Legal Description | LOT 7 BOOK 546 PAGE 45 |
| Legal Lot Number | 7 |
| Jurisdiction | SANTA CLARA CA |
| Minor Civil Division | SAN JOSE |
| Census Blockgroup | 1 |
| Census Block | 1020 |
| Census Tract | 505006 |
Source: Santa Clara County records · APN 083-19-020
Assessment roll updated July 1, 2025 · Last verified October 2025
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 600 UNIVERSITY ST STE 2820, 2820, SEATTLE, WA 98101-1184 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Dec 17, 2021 | Deed of Trust, Mortgage · Commercial Mortgage WELLS FARGO BANK NA |
| Oct 21, 2021 | Grant Deed, Transfer FIRST AMERICAN TITLE |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Oct 21, 2021 · Amount on Record |
| Deed Sale | Oct 21, 2021 · Amount on Record |
| Prior Sale | Apr 26, 2006 |
| Deed Doc Number | 25140353 |
| Record Refreshed | Jun 07, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SANTA CLARA CA |
| Property Address | 540 ALDER DR, MILPITAS, CA 95035-7443 |
| Transaction Type | Mortgage |
| Record Updated | Jul 25, 2022 |
| Title Company | FIRST AMERICAN TITLE |
| Name | Verified Name |
|---|
| Document Number | 0025198607 |
|---|---|
| Date | Dec 17, 2021 |
| Instrument | 25198607 |
| Name | WELLS FARGO BANK NA |
|---|---|
| Type | Bank |
| Address | 92720 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 37 Months |
| Due | Jan 01, 2025 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | SANTA CLARA CA |
| Recording Date | Oct 21, 2021 |
| Property Address | 540 ALDER DR, MILPITAS, CA 95035-7443 |
| Document Number | 0025140353 |
| Map Reference | MB 534 PG 47&48 |
| Instrument Date | Oct 21, 2021 |
| Instrument | 25140353 |
| Transaction Type | Transfer |
| Record Updated | Jul 25, 2022 |
| Title Company | FIRST AMERICAN TITLE |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Transfer Tax Data Limited |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 600 UNIVERSITY ST STE 2820, 2820, SEATTLE, WA 98101-1184 |
| Investor | Possibly a Property Investor |
Source: Santa Clara County records · Assessment roll updated July 1, 2025 · Last verified October 2025
| Type | Name |
|---|---|
| State | California |
| County | Santa Clara County |
| Municipality | Milpitas City |
| Unified School District | Milpitas Unified School District (KG - 12) |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2025 | $183,083.00 (+2.06%) | $15,705,878 (+4.04%) Land $9,550,872 Building $6,155,006 |
| 2023 | $179,381.00 (+0.38%) | $15,096,000 Land $9,180,000 Building $5,916,000 |
| 2022 | $178,704.00 |
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