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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Industrial properties
138 Railway Ave Campbell, CA 95008-3028
Individually Owned
Free & Clear
Property ID
US09-2809386
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
3,800 SF
Lot
0.28 ac (12,111 SF)
Zoning code
P-D
APN
412-08-069
UPID
US09-2809386
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
-
Tiny Tots Diaper Service Diaper Service Baby Store
-
beep! beep! car seat & baby proofing Vehicle Inspection Center
-
High Low Music High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
Raymond H Ma
Raymond H Ma
since 2026
3 recorded transactions
Zoning & alternative use
P-D · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ntify all permits, requirements, or restrictions that apply to a particular property or business. Please consult the land use tables directly or contact the Planning Division for additional assistance. For Legacy Zones (P-D & C-PD) Zones : Permitted land uses in in legacy zones, including the P-D & C-PD zoning district, are same as the zoning district that d…
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
469.46 ac
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±10%
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
$93 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$367,488
Assessed 2023
Previous assessed
$360,284
+2.0% YoY
Assessed land
$48,899
Assessed improvement
$318,589
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
3,800 SF
Lot
0.28 ac (12,111 SF)
Zoning code
P-D
APN
412-08-069
UPID
US09-2809386
Jurisdiction
SANTA CLARA
Zoning & alternative use
P-D · Campbell, CAZoning 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
Zoning description
ntify all permits, requirements, or restrictions that apply to a particular property or business. Please consult the land use tables directly or contact the Planning Division for additional assistance. For Legacy Zones (P-D & C-PD) Zones : Permitted land uses in in legacy zones, including the P-D & C-PD zoning district, are same as the zoning district that directly corresponds to the general plan land use designation of the property. For e
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
469.46 ac
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Raymond H Ma
Individual
Free & Clear · 0 yrs held
Mailing address
138 RAILWAY AVE, CAMPBELL, CA 95008-3028
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
—
Raymond H Ma
Sherry L Manka
Deed
—
Apr 7, 2025
—
John Lawrence Sparling
John L Sparling
Deed
—
Apr 15, 1999
$40,000
Sparling Trust
Sparling Trust
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.
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