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Property profile & analytics
FOR SALE
Office buildings
1010 The Alameda San Jose, CA 95126
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2682220
For Sale
1 / 7
$2,920,000
1010 The Alameda, San Jose, CA 95126
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Total area
8,832 SF
Lot
0.45 ac (19,780 SF)
Zoning code
CG
APN
261-30-023
UPID
US09-2682220
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
-
Expert Auto Glass and Windshield Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Watergarden Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$2.92M
Owner & transaction history
Narayan Group LLC
Narayan Group LLC
since 2026
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CG · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.0M
+26.9%
Apartment house (5+ units)
$3.3M
+5.1%
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
Method
Estimation
Statistic approach
$2,980,000
ML approach
$3,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,185,000
Current use
WAREHOUSE, STORAGE
$4,040,000
Change: +27% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,345,000
Change: +5% · Conversion: Easy
RETAIL STORES
$2,755,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,610,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10% · vs last sale $2.47M (Sep 11 2025)
Last sale anchor
$2.47M
Sep 11 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$331 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$44,583
Tax year 2024
Assessed value
$3,767,287
Assessed 2024
Previous assessed
$3,767,287
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,130,563
Assessed improvement
$636,724
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
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1961
Heating
NONE
Total area
8,832 SF
Lot
0.45 ac (19,780 SF)
Zoning code
CG
APN
261-30-023
UPID
US09-2682220
Jurisdiction
SANTA CLARA
Zoning & alternative use
CG · San Jose, CA
Zoning CG · permitted uses
CG · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
Narayan Group LLC
Entity
Mailing address
100 CENTURY CTR CT STE #210, SAN JOSE, CA 95112-4512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2026
$2,469,000
Narayan Group LLC
Sb Venture LLC
Grant Deed
$2,400,000 · Sq Venture LLC
Sep 11, 2025
$2,469,000
Sb Venture LLC
The Alameda Commercial LLC
Grant Deed
—
Mar 4, 2021
$4,000,000
The Alameda Commercial LLC
The Watergarden
Grant Deed
$5,501,012 · American National Life Insurance Co
Nov 25, 2019
—
The Watergarden Corporation
—
Deed
related
$365,000 · Wells Fargo Bank NA
—
—
Watergarden
—
Deed Of Trust
related
$53,000 · Individual
—
—
Watergarden
—
Deed Of Trust
related
$525,000 · Topa Thrift & Loan
—
—
Watergarden
—
Deed Of Trust
related
$687,500 · Wells Fargo Bank
—
—
Watergarden
—
Deed Of Trust
related
$65,000 · Individual
—
—
W
—
Deed Of Trust
related
$55,000 · Individual
—
—
Watergarden Corp
—
Deed Of Trust
related
$750,000 · Saratoga National Bank
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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