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Property profile & analytics
OFF-MARKET
Estimated value
$7,610,000
Community centers
1000 El Paseo De Saratoga San Jose, CA 95130-1630
Entity Owned
Free & Clear
Property ID
US09-2701063
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Construction
WOOD FRAME
Total area
45,774 SF
Lot
1.08 ac (47,044 SF)
Zoning code
SJ
APN
403-33-015
UPID
US09-2701063
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Red Robin Gourmet Burgers and Brews Restaurant
-
El Paseo de Saratoga Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.61M
Owner & transaction history
Fitness International LLC
Fitness International LLC
since 2025
5 recorded transactions
Zoning & alternative use
SJ · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Jose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Jose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$12,511,150
Assessed 2023
Previous assessed
$12,237,595
+2.2% YoY
Assessed land
$1,580,806
Assessed improvement
$10,930,344
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1997
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
45,774 SF
Lot
1.08 ac (47,044 SF)
Zoning code
SJ
APN
403-33-015
UPID
US09-2701063
Jurisdiction
SANTA CLARA
Zoning & alternative use
SJ · San Jose, CA
Zoning SJ · permitted uses
SJ · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Jose. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Fitness International LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1938, SUMNER, WA 98390-0800
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Fitness International LLC
El Paseo Property Owner LLC
Deed
—
May 26, 2022
—
Whole Foods Market California INC
El Paseo Property Owner LLC
Deed
—
Jan 8, 2019
$88,523,500
El Paseo Property Owner LLC
Trc El Paseo De Saratoga LLC
Grant Deed
—
Jul 20, 1994
—
Sunrise Penguin Saratoga LP
1993-n2 Properti
Grant Deed
related
—
Jan 21, 1994
$100,000
1993 N-2 Properties LP
El Paseo De Sara
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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