Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1591 Flickinger Ave San Jose, CA 95131-2608

    • Retail space
    • 9,759 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimations
    $190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1780280
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Western Union / Money Transfer Service
    • Amazon Hub Locker - Nate / E-Commerce Service / Mailing Service
    • 7-Eleven / Convenience Store
    • KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service

    Property Details for 1591 Flickinger Ave

    Year built
    1976
    Construction
    TILT-UP CONCRETE
    Lot size
    0.86 lot acres
    Property size
    9,759 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    245-20-053
    APU
    24520053

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $190,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.879
    Latitude
    37.3903
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $985,763
    $1,113,222
    $2,098,985
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $795,000
      146,843 SF

      1705 Automation Pkwypy

      RETAIL STORES (PERSONAL SERVICES) • 146,843 SF
      1705 Automation Pkwypy, San Jose, CA 95131
      View Details
    • Value Estimation
      $315,000
      4,718 SF

      2040 1st St

      RETAIL STORES (PERSONAL SERVICES) • 4,718 SF
      2040 1st St, San Jose, CA 95131-2001
      View Details
    • Value Estimation
      $485,000
      13,413 SF

      2555 1st St

      RETAIL STORES (PERSONAL SERVICES) • 13,413 SF
      2555 1st St, San Jose, CA 95131-1003
      View Details
    • Value Estimation
      $185,000
      0.28 Acres

      2080 1st St

      RETAIL STORES (PERSONAL SERVICES) • 0.28 Acres
      2080 1st St, San Jose, CA 95131-2001
      View Details
    • Value Estimation
      $240,000
      0.19 Acres

      2050 1st St

      RETAIL STORES (PERSONAL SERVICES) • 0.19 Acres
      2050 1st St, San Jose, CA 95131-2001
      View Details
    • Value Estimation
      $220,000
      0.36 Acres

      2040 1st St, Unit 2050

      RETAIL STORES (PERSONAL SERVICES) • 0.36 Acres
      2040 1st St, San Jose, CA 95131-2001
      View Details

    Similar Nearby for Sale

    • $520,000
      1,216 SF

      Versatile Commercial Condo in San Jose

      Flexible 1,216 sq ft condo in a prime San Jose location.
      2050 Concourse Dr, San Jose, CA 95131
      View Details
    • $180,000

      Vegan Restaurant in Ranch 99

      Vegan restaurant for sale inside Ranch 99 Market Plaza.
      1688 Hostetter Rd, San Jose, CA 95131
      View Details
    • $1,675,000
      3,351 SF

      Venture Commerce Center Condo

      San Jose Industrial/Office Condo, $1.675M
      1869 Concourse Dr, San Jose, CA 95131
      View Details
    • $350,000
      0.03 Acres

      Corner Lot in San Jose

      Triangular lot suitable for parking or mobile business.
      Lundy Ave, San Jose, CA 95131
      View Details
    • $26,000,000
      46,000 SF

      San Jose Warehouse: $26M

      Prime 46,000 SF warehouse, San Jose, CA.
      2071 Ringwood Ave, San Jose, CA 95131
      View Details
    • $1,199,000
      1,575 SF

      Ringwood Business Center in San Jose

      Business center in the International Business Park area of San Jose.
      1141 Ringwood Ct, San Jose, CA 95131
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,441 SF

      Prime Retail Space in San Jose

      Highly visible retail space with easy freeway access in San Jose.
      1704 Oakland Rd, San Jose, CA 95131
      View Details
    • Contact for pricing
      2,100 SF

      San Jose Retail Space Available

      Retail space in a rapidly growing San Jose location.
      1710 Oakland Rd, San Jose, CA 95131
      View Details
    • Contact for pricing
      1,530 SF

      Retail Space with High Visibility

      Retail space with great visibility and easy access.
      2555-2567 N 1St St, San Jose, CA 95131
      View Details
    • Contact for pricing
      2,593 SF

      Retail Space Near Costco

      Retail space ideal for restaurants, education, and optometry.
      1715 Lundy Ave, San Jose, CA 95131
      View Details
    • Contact for pricing
      35,000 SF

      Renovated Office Space with Amenities

      Modern office space with fitness center and convenient parking.
      2580 Orchard Pkwy, San Jose, CA 95131
      View Details
    • $2 SF/Yr
      3,351 SF

      Venture Commerce Center: San Jose Flex Space

      Modern San Jose flex space for lease.
      1869 Concourse Dr, San Jose, CA 95131
      View Details

    Property Visit Statistics

    • Visits by month
      17.2k
    • Visitors by month
      9.8k
    • Avg Time on site
      6 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1591 Flickinger Ave
    San Jose, CA 95131-2608
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.