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Financial
Distress signals
Property profile

1271 Story Rd San Jose, CA 95122

FOR LEASE
Retail space
Property ID
US09-1682832
5,040 SF 0.41 ac lot Built 2006
Last sale Apr 2023 · $2,700,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of retail spaces configured for leasing, with available unit sizes of approximately 1,000, 2,000, or 3,000 square feet. It includes 14 parking spaces and has a bathroom already in place. The site is located near Vietnam Town with convenient access to the 101 and 280 Freeways and is positioned with a bike score of 54 (bikeable), a walk score of 63 (somewhat walkable), and a transit score of 49 (some transit options).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.75M
Assessed land$1.12M
Assessed improvement$1.63M
Effective rate1.32%

Value estimate

· Oct 2026
$2.52M
$2.26M – $2.77M
AI approach$2.55M
CAP approach$2.10M
Submarket $/SF estimate$3.27M
NOI build-up
Gross scheduled income$204k
Vacancy & credit loss−$9k
Operating expenses−$58k
NOI · 4,188.86% cap applied$136k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$668/SF
ZIP average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$446 – $955
Qualifying comparables10

Cap rate analysis

How does the asset earn?
4,188.86%
$136k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IP
An important difference between this designation and the IP Industrial Park designation is that the site design for development in the TE...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.7
Law Firm32.3
Gym & Fitness17.6

Location

1271 Story Rd San Jose, CA 95122
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2148 Story, San Jose, CA 95122-1680 $587,500 Apr 2024 6,720 SF
1692 Tully Rd, San Jose, CA 95122-2550 $1,050,000 Feb 2024 2,448 SF
1941 Tully, San Jose, CA 95122-1933 $37,500 Oct 2023 9,910 SF
2261 Story, San Jose, CA 95122-1055 $2,900,000 Jan 2022 4,600 SF
1597 Tully, San Jose, CA 95122-2459 $4,625,000 Sep 2021 6,118 SF
1895 Tully, San Jose, CA 95122-1843 $10,000 Feb 2021 7,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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