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Property profile & analytics
FOR SALE
Office buildings
1414 Meridian Ave San Jose, CA 95125
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0841892
For Sale
1 / 27
$1,750,000
1414 Meridian Ave, San Jose, CA 95125
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Construction
WOOD
Total area
1,975 SF
Lot
0.17 ac (7,370 SF)
Zoning code
R1
APN
429-50-074
UPID
US09-0841892
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
-
Presidential Real Estate Real Estate Agency
-
Sandy Adams Properties Property Management Company
-
Harman Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.20M
Owner & transaction history
Presidential Group LLC · 5 yrs held
Presidential Group LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R1 · 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
$1,145,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$940,000
Current use
WAREHOUSE, STORAGE
$905,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$785,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.54M (Mar 26 2021)
Last sale anchor
$1.54M
Mar 26 2021
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
$608 / 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
$21,836
Tax year 2024
Assessed value
$1,628,688
Assessed 2024
Previous assessed
$1,628,688
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,061,208
Assessed improvement
$567,480
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1946
Construction
WOOD
Heating
YES
Stories
1
Rooms
7
Bathrooms
2
Total area
1,975 SF
Lot
0.17 ac (7,370 SF)
Zoning code
R1
APN
429-50-074
UPID
US09-0841892
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1 · San Jose, CA
Zoning R1 · permitted uses
R1 · 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
OFFICE BUILDING Current
Est. value
$940,000
WAREHOUSE, STORAGE
Est. value
$905,000
RETAIL STORES
Est. value
$785,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
YES
Stories
1
Rooms
7
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Presidential Group LLC
Entity
Mailing address
1414 MERIDIAN AVE, SAN JOSE, CA 95125-5213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
$1,535,000
Presidential Group LLC
Todd J Harman
Grant Deed
$767,325 · Bank Of The West
Mar 26, 2021
—
Presidential Group LLC
—
Deed
related
$624,000 · Capital Access Group INC
Apr 19, 2012
—
Harman Living Trust
Harman,todd J & Jennifer A
Quit Claim Deed
related
—
Mar 6, 2012
—
Todd J Harman
Harman Living Trust
Quit Claim Deed
related
$417,000 · Fremont Bank
Mar 6, 2012
$208,500
Harman Living Trust
Rosenberg,daniel A & Ann M
Grant Deed
—
Dec 27, 2004
—
Harman Trust
Harman,todd J & Jennifer A
Quit Claim Deed
related
—
Feb 24, 2004
$97,500
Daniel A Rosenberg
Harman,todd J & Jennifer
Grant Deed
$380,000 · Washington Mutual Fsb
Nov 20, 2002
—
Daniel A Rosenberg
Rosenberg,daniel A
Quit Claim Deed
related
$300,000 · Wells Fargo Home Mortgage INC
Sep 17, 2001
—
Meckenstock Trust
Meckenstock,tom
Quit Claim Deed
related
—
Sep 11, 2001
—
Tom Meckenstock
Meckenstock Trust
Quit Claim Deed
related
$308,000 · Wells Fargo Home Mortgage INC
Jan 5, 2000
—
Daniel A Rosenberg
Rosenberg,daniel A
Quit Claim Deed
related
—
Nov 17, 1999
—
Todd J Harman
Harman,jennifer
Quit Claim Deed
related
—
Nov 17, 1999
$340,000
Daniel A Rosenberg
Distefano,pascal A & Adalgisa
Grant Deed
$305,660 · Washington Mutual Fsb
—
—
George C Aldana
—
Deed Of Trust
related
$187,000 · First Franklin Financial Corp
—
—
Todd J Harman
—
Deed Of Trust
related
$296,500 · Wells Fargo Home Mortgage INC
—
—
George C Aldana
—
Deed Of Trust
related
$81,000 · Individual
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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