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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Strip malls
1409th Bird Avea San Jose, CA 95125-1815
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2508614
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
WOOD
Total area
7,500 SF
Lot
0.2 ac (8,700 SF)
Zoning code
CP
APN
429-20-048
UPID
US09-2508614
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
Mission Square Shopping Ctr Lt · 14 yrs held
Mission Square Shopping Ctr Lt
since 2011
3 recorded transactions
Zoning & alternative use
CP · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,620,000
6.5%
$3,340,000
7%
$3,100,000
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±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
$335 / 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
$7,643
Tax year 2024
Assessed value
$576,687
Assessed 2024
Previous assessed
$576,687
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$41,869
Assessed improvement
$534,818
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
1977
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
8
Total area
7,500 SF
Lot
0.2 ac (8,700 SF)
Zoning code
CP
APN
429-20-048
UPID
US09-2508614
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · San Jose, CA
Zoning CP · permitted uses
CP · 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
1977
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mission Square Shopping Ctr Lt
Individual
Mailing address
7855 IVANHOE AVE STE #333, LA JOLLA, CA 92037-4509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Sep 1, 2011
—
Mission Square Shopping Ctr Lt
—
Deed Of Trust
related
$4,000,000 · California Bank & Trust
—
—
Mission Square Shopping Center L
—
Deed Of Trust
related
$300,000 · Individual
—
—
Mission Square Shopping Ctr
—
Deed Of Trust
related
$1,500,000 · California Bank & 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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