Back to Search
Property profile & analytics
FOR LEASE
Strip malls
117 Bernal Rd San Jose, CA 95119
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0252033
For Lease
1 / 2
Contact for pricing
117 Bernal Rd, San Jose, CA 95119
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Total area
12,624 SF
Lot
1.43 ac (62,290 SF)
Zoning code
M1
APN
706-01-089
UPID
US09-0252033
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
-
Affordable Plumbing Solutions Plumbing Service General Contractor
-
Reflections Family Dental #50 Dental Office
-
PowerXperts Electronics & Wireless Store
-
OnDemand Website Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Web Designing | Web Development Company USA - Rising Technologies Web Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bernal Plaza Owner LLC
Bernal Plaza Owner LLC
since 2025
Last sale
$38.3M
6 recorded transactions
Zoning & alternative use
M1 · 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
—
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
$54,885
Tax year 2024
Assessed value
$4,004,217
Assessed 2024
Previous assessed
$4,004,217
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,774,918
Assessed improvement
$2,229,299
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 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
For Lease
Year built
1999
Heating
NONE
Cooling
YES
Stories
1
Units
8
Total area
12,624 SF
Lot
1.43 ac (62,290 SF)
Zoning code
M1
APN
706-01-089
UPID
US09-0252033
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1 · San Jose, CA
Zoning M1 · permitted uses
M1 · 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
1999
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Lot
1.43 ac
Current owner
From public records · entity-resolved
Bernal Plaza Owner LLC
Entity
Mailing address
873 BLOSSOM HL RD, SAN JOSE, CA 95123-2705
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
Sep 5, 2025
$38,270,000
Bernal Plaza Owner LLC
Facchinolabarbera Bernal Plaza De L
Grant Deed
$29,049,000 · Forbright Bank
Aug 8, 2025
—
The Michael Labarbera Legacy Trust
Facchinolabarbera Bernal Plaza LLC
Grant Deed
—
Oct 16, 2015
—
Facchino Of Labarbera Bernal Plaz
Facchino Of Labarbera Bernal Plaz
Quit Claim Deed
$24,000,000 · Cantor Com'l R/e Lndg
Dec 8, 2011
—
Labarbera Salvatore P Trust
Labarbera S P 1987 Trust
Quit Claim Deed
related
—
Mar 18, 2011
—
Michael T Labarbera Bernal
—
Deed Of Trust
related
$22,300,000 · Bank Of The West
Apr 30, 2003
$26,900,000
Portofino II Investment Co LLC
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
