951 Sandisk Dr, Milpitas, CA 95035 Property Records

Santa Clara County property record for 951 Sandisk Dr, Milpitas, CA 95035

Property Summary

Property Type	R&D Facility, Laboratory
Details	172,103 sqft · built 1992
Lot Size	11.3 acres (493,534 sqft)
Owner	Company Name on File
Last Sale	$192,450,000 (Sep 2023)
Tax Bill	$699,697 (2025)
Deeds & Mortgages	Feb 2024 Mortgage Sep 2023 Sale + 1 more
Flood Zone	Zone X (moderate risk)
APN	`083-03-006`

Property Details

APN / Parcel Number

Primary APN	`083-03-006`
Alternative APN	`08601036`

Interior

Stories	2 Stories
Building Area	172,103 sqft Total Area
Elevator	Elevator

Exterior

Year Built	Built 1992
Effective Year Built	Effective 1992
Architectural Style	L-Shape
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	493,534 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Water Source	Well

Location & Zoning

Street Address	951 SANDISK DR
City	MILPITAS
State	CA
Zip	95035-7933
Property Category	Industrial
Property Type	Industrial > R&D Facility, Laboratory
Local Zoning Code	I
Legal Description	LOT 2 RECORDER'S BOOK 649 PAGE 4
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1008
Census Tract	505006

Owner

951 Sandisk Dr, an industrial property, is owned by a company that bought it in September 2023.

Source: Santa Clara County records, as of July 27, 2026

Owner of Record	Company Name on File
Mailing Address	30 N LA SALLE ST, 4140, CHICAGO, IL 60602-2900
Owner Type	Company
Vesting	Limited Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Feb 9, 2024	Deed of Trust, Mortgage UBS AG TAMPA BRANCH
Sep 6, 2023	Lease, Transfer FIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMER TTL INS CO NCS
Sep 6, 2023	Grant Deed, Construction Loan · Construction Mortgage UBS AG TAMPA BRANCH

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 6, 2023 · Amount on File
Deed Sale	Sep 6, 2023 · Amount on File
Prior Sale	Apr 26, 2006
Deed Document Number	202325527035
Record Updated	Oct 29, 2026

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	951 SANDISK DR, MILPITAS, CA 95035-7933
Transaction Type	Mortgage
Record Updated	Feb 20, 2024
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0025596886
Date	Feb 9, 2024
Instrument	25596886

Lender

Name	UBS AG TAMPA BRANCH
Type	Mortgage Company
Address	NEW YORK, NY 10019

Agreement

Amount	Amount on Record

September 2023: Lease, Transfer

Document Type	Lease
Jurisdiction	SANTA CLARA CA
Recording Date	Sep 6, 2023
Property Address	951 SANDISK DR, MILPITAS, CA 95035-7933
Document Number	0025527036
Map Reference	MB 616 PG 20
Instrument Date	Sep 5, 2023
Instrument	25527036
Transaction Type	Transfer
Record Updated	Sep 15, 2023
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMER TTL INS CO NCS

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3355 MICHELSON DR STE 100, 100, IRVINE, CA 92612-5694

September 2023: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Sep 6, 2023
Property Address	951 SANDISK DR, MILPITAS, CA 95035-7933
Document Number	0025527035
Map Reference	MB 616 PG 20
Instrument Date	Aug 30, 2023
Instrument	25527035
Transaction Type	Construction Loan
Record Updated	Sep 15, 2023
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMER TTL INS CO NCS

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
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	30 N LA SALLE ST STE 4140, 4140, CHICAGO, IL 60602-2900
Mail Care Of	BLUE OWL REAL ESTATE CAPITAL LLC

Mortgage

Document Number	0025527037
Date	Sep 6, 2023
Instrument	25527037

Lender

Name	UBS AG TAMPA BRANCH
Type	Mortgage Company

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 951 Sandisk Dr was $699,697.

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		$63,667,951 (+5.43%) Land $35,893,800 Building $27,774,151
2025	$699,697.00	$60,389,560 Land $35,190,000 Building $25,199,560
2023	$807,374.00 (+0.4%)	$68,497,330 Land $22,472,131 Building $46,025,199
2022	$804,132.00

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

FEMA maps place 951 Sandisk Dr in Zone X, an area of moderate flood risk.

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

Wildfire risk around 951 Sandisk Dr is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · lower than 88% of California
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect 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 43 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Tekify Fiber & Wireless Fixed Wireless	425 / 80
Etheric Networks Fixed Wireless	250 / 100
Ridge Wireless Fixed Wireless	100 / 60
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: GeoLinks, Sail Internet, Verizon, Xfinity.

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