692 Tasman Dr, Milpitas, CA 95035 Property Records

Santa Clara County property record for 692 Tasman Dr, Milpitas, CA 95035

Property Summary

Property Type	General Industrial
Details	91,212 sqft · built 1985
Lot Size	7.06 acres (307,833 sqft)
Owner	Company Name on Record
Last Sale	$170,000,000 (Oct 2021)
Tax Bill	$394,432 (2025)
Deeds & Mortgages	Dec 2021 Mortgage Oct 2021 Sale
Flood Zone	Zone X (moderate risk)
APN	`083-19-018`

Property Details

APN / Parcel Number

Primary APN	`083-19-018`
Alternative APN	`08602055`

Interior

Units	2 Units
Stories	2 Stories
Building Area	91,212 sqft Total Area
Elevator	Elevator

Exterior

Year Built	Built 1985
Architectural Style	Other
Construction Type	Tilt-Up Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	307,833 sqft (7.06 acres)
Lawn Sprinklers	Lawn Sprinklers

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Old Parcel Number	08602055
Street Address	692 TASMAN DR
City	MILPITAS
State	CA
Zip	95035-7460
Property Category	Industrial
Property Type	Industrial > General Industrial
Local Zoning Code	MPS
Legal Description	LOT 5 BOOK 546 PAGE 45
Legal Lot Number	5
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1020
Census Tract	505006

Owner

Source: Santa Clara County records, as of October 20, 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 Record
Mailing Address	600 UNIVERSITY ST STE 2820, 2820, SEATTLE, WA 98101-1184
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 17, 2021	Deed of Trust, Mortgage · Commercial Mortgage WELLS FARGO BANK NA
Oct 21, 2021	Grant Deed, Transfer FIRST AMERICAN TITLE

Assessor's Deed Record

Deed Names	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 Document Number	25140353
Record Updated	Jun 7, 2026

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	692 TASMAN DR, MILPITAS, CA 95035-7460
Transaction Type	Mortgage
Record Updated	Oct 13, 2022
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0025198607
Date	Dec 17, 2021
Instrument	25198607

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	92720

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	37 Months
Due	Jan 1, 2025

October 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Oct 21, 2021
Property Address	692 TASMAN DR, MILPITAS, CA 95035-7460
Document Number	0025140353
Map Reference	MB 534 PG 47&48
Instrument Date	Oct 21, 2021
Instrument	25140353
Transaction Type	Transfer
Record Updated	Oct 13, 2022
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Limited Transfer Tax Data
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	600 UNIVERSITY ST STE 2820, 2820, SEATTLE, WA 98101-1184
Investor	Possibly a Property Investor

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 1, 2025

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
2025	$394,432.00 (+17.92%)	$33,964,898 (+20.61%) Land $17,934,415 Building $16,030,483
2023	$334,487.00 (+18.45%)	$28,161,000 Land $17,238,000 Building $10,923,000
2022	$282,387.00

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.

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
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	8 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 245 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Sail Internet Fixed Wireless	500 / 100
Verizon Fixed Wireless	300 / 20
Etheric Networks Fixed Wireless	250 / 100
Tekify Fiber & Wireless Fixed Wireless	144 / 32
Ridge Wireless Fixed Wireless	100 / 60
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · DSL	100 / 20

May also be available: GeoLinks.

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