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Property profile & analytics
OFF-MARKET
Estimated value
$13,850,000
Strip malls
1031 Capitol Expy San Jose, CA 95121-2415
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2705868
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
TILT-UP CONCRETE
Total area
35,100 SF
Lot
0.96 ac (41,600 SF)
Zoning code
A-PD
APN
499-36-052
UPID
US09-2705868
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
-
大班 Restaurant
-
Tai Pan Restaurant Restaurant
-
Lion Supermarket (Bike/Boat/Book/etc) Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.85M
Owner & transaction history
H K N IV LLC · 20 yrs held
H K N IV LLC
since 2005
4 recorded transactions
Zoning & alternative use
A-PD · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,505,000
6.5%
$16,160,000
7%
$15,005,000
Blend value · Realmo final
$13.85M
Range $12.47M – $15.24M · ±10%
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
$395 / 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
$93,933
Tax year 2024
Assessed value
$3,713,871
Assessed 2024
Previous assessed
$3,713,871
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,926,571
Assessed improvement
$1,787,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
35,100 SF
Lot
0.96 ac (41,600 SF)
Zoning code
A-PD
APN
499-36-052
UPID
US09-2705868
Jurisdiction
SANTA CLARA
Zoning & alternative use
A-PD · San Jose, CA
Zoning A-PD · permitted uses
A-PD · 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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
H K N IV LLC
Entity
Free & Clear · 20 yrs held
Mailing address
14523 SINGING HL LN, SARATOGA, CA 95070-5671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
H K N IV LLC
—
Deed
related
$13,000,000 · Fremont Bank
Jul 22, 2005
—
H K N IV LLC
Namimatsu K T & I N Trust
Quit Claim Deed
related
—
Dec 9, 2003
—
Namimatsu,tr
Namimatsu,kenneth T & Irene N
Quit Claim Deed
related
—
Mar 15, 2002
—
Reiko Matsumoto
Matsumoto,melvin
Quit Claim Deed
related
$5,500,000 · Silicon Valley 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.
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