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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Industrial properties
1297 San Fernando St San Jose, CA 95116-2328
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3010268
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1946
Construction
WOOD
Total area
2,991 SF
Lot
0.13 ac (5,480 SF)
Zoning code
LI
APN
467-33-072
UPID
US09-3010268
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
-
Precision Displays and Showcases (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Precisions Displays Jewelry Equipment Supplier Display Stand Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$1.00M
Owner & transaction history
Ca Iglesia
Ca Iglesia
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LI · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.4M
+55.0%
Retail stores
$1.1M
+22.3%
Office building
$970,000
+9.8%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Current use
WAREHOUSE, STORAGE
$1,370,000
Change: +55% · Conversion: Easy
RETAIL STORES
$1,080,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$970,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Jan 12 2024)
Last sale anchor
$1.00M
Jan 12 2024
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
$334 / 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
$3,775
Tax year 2024
Assessed value
$238,239
Assessed 2024
Previous assessed
$238,239
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$223,870
Assessed improvement
$14,369
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,991 SF
Lot
0.13 ac (5,480 SF)
Zoning code
LI
APN
467-33-072
UPID
US09-3010268
Jurisdiction
SANTA CLARA
Zoning & alternative use
LI · San Jose, CA
Zoning LI · permitted uses
LI · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Ca Iglesia
Individual
Mailing address
3321 CANNONGATE CT, SAN JOSE, CA 95121-1322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2026
—
Ca Iglesia
Lopez Chavez
Deed
$740,000
Jun 26, 2025
—
Odilio De Jesus Lopez Chavez
Odilio De Jesus Lopez Chavez
Deed
related
—
Jan 12, 2024
$1,000,000
Odilio De Jesus Lopez Chavez
Robert J Persekian
Grant Deed
$699,000 · Chris Tai
Jan 12, 2024
—
Odilio De Jesus Lopez Chavez
Denis Desire Lopez
Intrafamily Transfer
related
—
Nov 14, 2017
—
Persekian Family Trust
Persekian,robert J
Quit Claim Deed
related
—
May 29, 2015
$202,500
Robert J Persekian
Correia I A Fam Liv Trust
Grant Deed
$200,000 · Jack Persekian
Oct 10, 2003
—
Correia,tr
Correia,lldo A
Quit Claim Deed
related
—
Apr 22, 2003
—
Ildo A Correia
Correia,ildo A
Quit Claim Deed
related
$328,000 · Jackson Federal Bank
Jul 10, 2002
—
Ilda A Correia
Correia,maria C
Quit Claim Deed
related
—
Dec 8, 1992
$72,000
Ildo Correia
Garcia,debbie An
Grant Deed
related
—
—
—
Ildo A Correia
—
Deed Of Trust
related
$250,000 · Imperial Capital Bank
—
—
Ildo A Correira
—
Deed Of Trust
related
$60,000 · Deoliveira Trust
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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