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Property profile & analytics
OFF-MARKET
Estimated value
$16,715,000
Apartment buildings
1191 Coleman Rd San Jose, CA 95120-1791
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US09-1797490
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1999
Construction
WOOD
Total area
109,367 SF
Lot
3.74 ac (162,914 SF)
Zoning code
R1B3
APN
567-53-015
UPID
US09-1797490
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
-
PROFESSIONAL HOUSE REPAIR RESTORATION General Contractor
-
Quality Inn Hotel & Motel Bed & Breakfast
-
Le Mirador Real Estate Agency
-
Le Mirador Senior Housing Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.72M
Owner & transaction history
Coleman Road Assoc LP · 29 yrs held
Coleman Road Assoc LP
since 1997
4 recorded transactions
Zoning & alternative use
R1B3 · 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
$153 / 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
$67,702
Tax year 2024
Assessed value
$14,560,261
Assessed 2024
Previous assessed
$14,560,261
+0.0% YoY
Effective rate
0.46%
On assessed value
Assessed land
$3,641,668
Assessed improvement
$10,918,593
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Stories
3
Units
141
Total area
109,367 SF
Lot
3.74 ac (162,914 SF)
Zoning code
R1B3
APN
567-53-015
UPID
US09-1797490
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1B3 · San Jose, CA
Zoning R1B3 · permitted uses
R1B3 · 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
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
141
Lot
3.74 ac
Current owner
From public records · entity-resolved
Coleman Road Assoc LP
Entity
Mailing address
3920 BIRCH ST STE #103, NEWPORT BEACH, CA 92660-2250
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
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
Nov 5, 2020
—
Coleman Road Associates L P
—
Deed
related
$28,514,000 · Old Republic Title Company
Oct 30, 2020
—
Coleman Road Associates LP
—
Deed
related
$28,514,000 · Walker & Dunlop LLC
Jul 18, 1997
$2,326,500
Coleman Road Assoc LP
Albert J Athennour Trustee
Grant Deed
$3,525,000 · San Jose City (ca)
—
—
Coleman Road Associates LP
—
Deed Of Trust
related
$19,491,000 · Walker & Dunlop
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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