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Property profile & analytics
OFF-MARKET
Estimated value
$15,005,000
Strip malls
1097 Leigh Ave San Jose, CA 95126-4153
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1048904
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Total area
32,866 SF
Lot
1.8 ac (78,403 SF)
Zoning code
CN
APN
284-31-009
UPID
US09-1048904
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
-
Coinhub Bitcoin ATM Teller Atm
-
Citibank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.01M
Owner & transaction history
Mona 26 LLC · 1 yrs held
Mona 26 LLC
since 2025
6 recorded transactions
Zoning & alternative use
CN · 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%
$16,390,000
6.5%
$15,130,000
7%
$14,050,000
Blend value · Realmo final
$15.01M
Range $13.50M – $16.51M · ±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
$457 / 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
$67,397
Tax year 2024
Assessed value
$5,416,177
Assessed 2024
Previous assessed
$5,416,177
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,219,408
Assessed improvement
$2,196,769
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
1974
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
32,866 SF
Lot
1.8 ac (78,403 SF)
Zoning code
CN
APN
284-31-009
UPID
US09-1048904
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · San Jose, CA
Zoning CN · permitted uses
CN · 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
1974
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Mona 26 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
—
Mona 26 LLC
Longs Drug Stores California LLC
Grant Deed
—
Jul 9, 2025
$3,260,000
Mona 26 LLC
Longs Drug Stores California LLC
Grant Deed
—
Oct 21, 1999
—
Longs Drug Stores Ca INC
Pay Less Drug Stores Northwest
Grant Deed
related
—
Nov 28, 1995
—
Thrifty Payless INC
—
Deed Of Trust
related
—
Oct 5, 1989
$1,920,000
Less Drug St Pay
Pld Acquisition
Grant Deed
$110,000,000 · Principal Mutual Life Ins
Jan 26, 1988
—
Pld Acquisition
Sav-o
Grant Deed
related
—
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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