598 Gibraltar Dr, Milpitas, CA 95035 Property Records

Santa Clara County property record for 598 Gibraltar Dr, Milpitas, CA 95035

Property Summary

Property Type	R&D Facility, Laboratory
Details	44,543 sqft · built 1996
Lot Size	3.08 acres (134,600 sqft)
Owner	Company Name on Record
Last Sale	$10,345,000 (Nov 2016)
Tax Bill	$140,231 (2025)
Deeds & Mortgages	Aug 2026 Mortgage Oct 2021 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`086-42-009`

Property Details

APN / Parcel Number

Primary APN	`086-42-009`

Interior

Stories	1 Story
Building Area	44,543 sqft Total Area
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Architectural Style	L-Shape
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	134,600 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Water Source	Well

Location & Zoning

Street Address	598 GIBRALTAR DR
City	MILPITAS
State	CA
Zip	95035-6315
Property Category	Industrial
Property Type	Industrial > R&D Facility, Laboratory
Local Zoning Code	M2
Legal Description	LOT A RECORDER'S BOOK 517 PAGE 2
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1025
Census Tract	504509

Owner

Source: Santa Clara County records, as of August 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	345 PARK AVE, NEW YORK, NY 10154-0023
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Aug 3, 2026	Grant Deed, Transfer · Stand-Alone First Mortgage WELLS FARGO
Oct 14, 2021	Deed of Trust, Mortgage · Commercial Mortgage DEUTSCHE BANK
Dec 8, 2017	Loan Modification, Mortgage FIDELITY NATIONAL TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 18, 2016 · Amount on Record
Deed Sale	Nov 18, 2016 · Amount on Record
Deed Document Number	201623503484
Last Transfer Date	Jul 9, 2026
Transfer Doc	0026031608
Record Updated	Oct 29, 2026

August 2026: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Aug 3, 2026
Property Address	598 GIBRALTAR DR, MILPITAS, CA 95035-6315
Document Number	0026031608
Instrument Date	Jul 9, 2026
Instrument	202626031608
Transaction Type	Transfer
Record Updated	Aug 7, 2026
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE COMPAN

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	345 PARK AVE, NEW YORK, NY 10154-0023

Mortgage

Document Number	0000031609,
Instrument	202631609

Lender

Name	WELLS FARGO

Agreement

Type	Stand-Alone First Mortgage

Interest

Rate	6.47%
Max Rate	-1%

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	598 GIBRALTAR DR, MILPITAS, CA 95035-6315
Transaction Type	Mortgage
Record Updated	Oct 22, 2021
Title Company	NORTHERN COAST TITLE, NORTH COAST TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	345 PARK AVE, NEW YORK, NY 10154-0004

Mortgage

Document Number	0025132849
Date	Oct 14, 2021
Instrument	25132849

Lender

Name	DEUTSCHE BANK
Type	Bank
Address	NEW YORK, NY 10005

Agreement

Type	Commercial Mortgage

December 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	SANTA CLARA CA
Property Address	598 GIBRALTAR DR, MILPITAS, CA 95035-6315
Document Number	0023827487
Instrument Date	Dec 8, 2017
Transaction Type	Mortgage
Record Updated	Jan 3, 2018
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	345 PARK AVE NEW YORK NY 101540004, NEW YORK, NY 10154-0004

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 27, 2026

Property Jurisdictions

Type	Name
State	California
County	Santa Clara County
Municipality	Milpitas City
Unified School District	Milpitas Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$12,246,363 (+2%) Land $5,563,845 Building $6,682,518
2025	$140,231.00 (+1.76%)	$12,006,239 (+4.04%) Land $5,454,750 Building $6,551,489
2024	$137,812.00 (+0.32%)
2023	$137,366.00 (+0.37%)	$11,540,025 Land $5,242,937 Building $6,297,088
2022	$136,855.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective January 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 18 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	18 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MILPITAS serves 81,915 people · EPA ID CA4310005
Water Source	Purchased surface water from several systems
Last State Inspection	Nov 2025
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 222 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 250
Verizon Fixed Wireless	300 / 20
Etheric Networks Fixed Wireless	250 / 100
Ridge Wireless Fixed Wireless	100 / 60
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, GeoLinks, Sail Internet.

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