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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Strip malls
1398 San Carlos St San Jose, CA 95126-3444
Entity Owned
30-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2940974
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Total area
3,462 SF
Lot
0.81 ac (35,398 SF)
Zoning code
M1
APN
264-13-002
UPID
US09-2940974
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Golden Arch LP · 30 yrs held
Golden Arch LP
since 1995
7 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
$214 / 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
$34,044
Tax year 2024
Assessed value
$2,074,749
Assessed 2024
Previous assessed
$2,074,749
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,221,525
Assessed improvement
$853,224
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
3,462 SF
Lot
0.81 ac (35,398 SF)
Zoning code
M1
APN
264-13-002
UPID
US09-2940974
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
1996
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Golden Arch LP
Entity
Free & Clear · 30 yrs held
Mailing address
711 CALLE ARTIS, SAN JOSE, CA 95131-1569
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 1995
—
Golden Arch LP
Sorci,sam D & Mildred M
Grant Deed
related
—
Aug 30, 1995
—
Golden Arch LP
Safeway INC
Grant Deed
related
—
Dec 28, 1994
—
San Jose City
Assn Of Bay Area Goverments Tt
Quit Claim Deed
related
—
Dec 2, 1994
$3,417,000
Safeway INC
Santa Clara County Board Educa
Trustees Deed
—
Dec 2, 1994
$6,194,500
Midtown Housing Partners
Santa Clara County Board Educa
Trustees Deed
$6,000,000 · San Jose City (ca)
Dec 2, 1994
—
San Jose City
Midtown Housing Partners
Trustees Deed
related
—
Aug 10, 1989
$1,250,000
Sam Sorci
Naylor Propertie
Grant Deed
$536,000 · South Valley Bank
Jun 27, 1989
—
Santa Clara Coun
Meridian Busines
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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