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Property profile & analytics
OFF-MARKET
Estimated value
$7,755,000
Retail space
1240 Camden Ave Campbell, CA 95008-6702
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0746049
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
WOOD
Total area
12,312 SF
Lot
0.69 ac (30,240 SF)
Zoning code
P-D
APN
414-01-029
UPID
US09-0746049
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
-
Motel 6 Campbell, CA - San Jose Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.66M
CAP Approach
CAP
$5.12M
Comparable Approach
Comparable
$7.87M
Blend (final)
Blend
$7.76M
Owner & transaction history
Ambika Enterprises LLC · 4 yrs held
Ambika Enterprises LLC
since 2022
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
P-D · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.7M
+128.9%
Office building
$7.1M
+27.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$7,115,000
ML approach
$7,655,000
CAP Approach
CAP Return
Estimation
6%
$5,545,000
6.5%
$5,115,000
7%
$4,750,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,530,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,655,000
Change: +129% · Conversion: Moderate
OFFICE BUILDING
$7,050,000
Change: +27% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,050,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,945,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$7.76M
Range $6.98M – $8.53M · ±10% · vs last sale $7.75M (May 20 2022)
Last sale anchor
$7.75M
May 20 2022
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
$630 / 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
$109,978
Tax year 2024
Assessed value
$7,989,380
Assessed 2024
Previous assessed
$7,989,380
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$5,505,796
Assessed improvement
$2,483,584
Applied tax rate
10.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
49
Total area
12,312 SF
Lot
0.69 ac (30,240 SF)
Zoning code
P-D
APN
414-01-029
UPID
US09-0746049
Jurisdiction
SANTA CLARA
Zoning & alternative use
P-D · Campbell, CA
Zoning P-D · permitted uses
P-D · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
OFFICE BUILDING
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
49
Lot
0.69 ac
Current owner
From public records · entity-resolved
Ambika Enterprises LLC
Entity
Mailing address
948 MSN ST, SAN FRANCISCO, CA 94103-2911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$7,750,000
Ambika Enterprises LLC
G6 Hospitality Property LLC
Correction Deed
related
—
May 20, 2022
$7,750,000
Ambica Enterprises LLC
G6 Hospitality Property LLC
Grant Deed
$5,425,000 · Bank Of Guam
Sep 9, 2021
—
G6 Hospitality Property LLC
—
Deed
related
$685,000,000 · Goldman Sachs Bank USA
Sep 14, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Sep 24, 2012
$35,500
G6 Hospitality Property LLC
Gj Remainder LLC
Grant Deed
—
Sep 24, 2012
$6,393,500
G6 Hospitality Property LLC
Glasjar Property LLC
Grant Deed
—
Mar 30, 2001
$60,864
Jean M Tomaselli
Glasjar Funding LP
Grant Deed
—
Mar 30, 2001
$37,818
David M Ledy
Tomaselli,jean M
Grant Deed
—
Feb 21, 1997
$2,868,000
Glasjar Funding LP
Allstar Inns INC
Grant Deed
related
$310,250,000 · Chase Manhattan Bank
Dec 13, 1996
—
Allstar Inns INC
San Jose Water Co
Quit Claim Deed
related
—
May 4, 1994
—
Allstar Inns INC
Allstar Inns Ope
Quit Claim Deed
related
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · German American Cap
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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