Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1157 6th St San Jose, CA 95112-5921

    • Assisted living facilities
    • 2,457 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2169419
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Laurel Haven / Retirement Home
    • Digital Dreamer Arts / Youth Clothing Store

    Property Details for 1157 6th St

    Year built
    1943
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    2,457 SF
    Zone code
    LI
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    477-02-011
    APU
    47702011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.873
    Latitude
    37.3213
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,162
    $247,555
    $500,435
    $747,990
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.48 Acres

      75 13th St

      HOMES (RETIRED, NURSING) • 0.48 Acres
      75 13th St, San Jose, CA 95112-3439
      View Details
    • Value Estimation by Request
      6,838 SF

      443 11th St

      HOMES (RETIRED, NURSING) • 6,838 SF
      443 11th St, San Jose, CA 95112-2220
      View Details
    • Value Estimation by Request
      3,565 SF

      1128 8th St

      HOMES (RETIRED, NURSING) • 3,565 SF
      1128 8th St, San Jose, CA 95112-3952
      View Details
    • Value Estimation
      $1,095,000
      0.12 Acres

      30 Empire St

      HOMES (RETIRED, NURSING) • 0.12 Acres
      30 Empire St, San Jose, CA 95112-5302
      View Details
    • Value Estimation by Request
      5,254 SF

      260 11th St

      HOMES (RETIRED, NURSING) • 5,254 SF
      260 11th St, San Jose, CA 95112-2134
      View Details
    • Value Estimation by Request
      0.22 Acres

      75 12th St

      HOMES (RETIRED, NURSING) • 0.22 Acres
      75 12th St, San Jose, CA 95112
      View Details

    Similar Nearby for Sale

    • $3,925,000
      6,945 SF

      Prime San Jose Medical Office

      Two buildings, 6,945 SF, excellent location.
      602 Santa Clara St, San Jose, CA 95112
      View Details
    • Contact for pricing
      1.03 Acres

      San Jose Industrial Property

      1.03-Acre Warehouse, Heavy Industrial Zoning
      326 Phelan Ave, San Jose, CA 95112
      View Details
    • $1,550,000

      San Jose NNN Property

      NNN property for sale in San Jose, California.
      421 N 13Th St, San Jose, CA 95112
      View Details
    • $600,000
      6,812 SF

      San Jose Office Building For Sale

      Office building with 6,812 square feet of space.
      246 Keyes St, San Jose, CA 95112
      View Details
    • $280,000

      Established Auto Repair Shop

      Well-established auto repair shop in South Downtown San Jose.
      969 2Nd St, San Jose, CA 95112
      View Details
    • New
      $950,000
      1,048 SF

      Downtown San Jose Duplex Opportunity

      Well-maintained duplex in downtown San Jose with ADU potential.
      961 S 7Th St, San Jose, CA 95112
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,990 SF

      San Jose Medical/Office Space

      6,990 SF medical/office space for lease in San Jose.
      1144 South 2Nd St, San Jose, CA 95112
      View Details
    • $33 SF/Yr
      4,042 SF

      Downtown San Jose Medical Office

      Single-story medical office, prime location.
      65 14Th St, San Jose, CA 95112
      View Details
    • $21 SF/Yr
      80,612 SF

      Downtown San Jose Office Space

      Prime San Jose Office, Multiple Uses
      25 14Th St, San Jose, CA 95112
      View Details
    • Contact for pricing
      800 SF

      San Jose Office/Flex Space

      Office and industrial units near San Jose Airport and Highway 101.
      1445 Koll Cir, San Jose, CA 95112
      View Details
    • Contact for pricing

      Fenced Yard with Office Trailer

      Fenced yard with office trailer for lease in San Jose.
      1810 S 7Th St, San Jose, CA 95112
      View Details
    • $2 SF/Yr
      5,515 SF

      Contemporary Office Space Near Airport

      Modern office space with excellent transit and airport access.
      1737 N 1St St, San Jose, CA 95112
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1157 6th St
    San Jose, CA 95112-5921
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.