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    1972 Alum Rock AVE San Jose, CA 95116

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    Claim this Listing
    For Sale
    $350,000

    CBO - SAN JOSE, CA

    Property size:
    4,838 SF
    Added:
    Mar 2, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for 1972 Alum Rock AVE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C3H
    Parking
    5
    Interior features
    Other, None
    Standard status
    Active
    Size
    4,838 SF

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Kevin Khoi Nguyen

    Listing agent Kevin Khoi Nguyen License #01480801

    Listing office Pacificwide Real Estate & Mortgage 3005 Silver Creek Rd Suite 214, San Jose, CA

    Listing date Mar 2, 2026

    MLS# ML82036779 Listing URL

    Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Retail Dollar Store

    This is an opportunity to acquire a retail dollar store located on Alum Rock Ave in San Jose. The business benefits from street exposure and a local customer base. The retail operation features established clientele and repeat neighborhood customers, frontage along Alum Rock Ave, and high daily traffic counts. The inventory includes household goods, party supplies, snacks, convenience items, and general merchandise. The retail layout features organized shelving and display areas. The surrounding area features residential communities, nearby schools, and neighborhood-serving businesses, creating walk-in traffic and demand. The property is suitable for first-time business owners, family operators, and investors seeking cash-flow retail. It is also suitable for operators looking to expand an existing convenience or dollar store portfolio. The business sale includes fixtures, shelving, displays, and inventory. The property size is 4838 square feet. The zoning is C3H.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alum Rock Dollar ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Flower Design CA — 1412 E Santa Clara St B, San Jose, CA 95116
    • Flowers and Cafe — 90 S 34th St, San Jose, CA 95116
    • Juanita's Flowers — 1608 McKee Rd #40, San Jose, CA 95116
    • Eden’s Garden #2 — 1925 Alum Rock Ave Suite B, San Jose, CA 95116
    • Pham De Fleur — 1657 alum rock ave, san jose, ca 95116

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8495623
    Latitude
    37.3552757

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    FAQs

    What type of property is this?
    Storefront property - Well-established retail dollar store on high-visibility Alum Rock Ave.
    Where is this storefront property located?
    The property is located at 1972 Alum Rock AVE San Jose, CA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: High‑visibility location on Alum Rock Ave with strong vehicle and pedestrian traffic.; Established retail dollar store with repeat neighborhood customers.; **Turnkey operation including fixtures, shelving, displays, and inventory.**
    (408) 532-1278
    We can help!
    Listing Contact
    Kevin Khoi Nguyen
    Real Estate License ID: 01480801
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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