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Property profile & analytics
OFF-MARKET
Estimated value
$12,430,000
Strip malls
1628 Hostetter Rd San Jose, CA 95131-3309
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US09-1851788
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Construction
WOOD
Total area
74,802 SF
Lot
7.19 ac (313,196 SF)
Zoning code
C
APN
245-44-010
UPID
US09-1851788
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
-
Stanley T. Lee D.D.S. Dental Office
-
Lee Dental Group Dental Office
-
Design Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Tak Yan Herbal 德仁中药行 Oriental Medicine Store
-
Wave Optical Inc Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.43M
Owner & transaction history
Evershine I LP · 29 yrs held
Evershine I LP
since 1996
6 recorded transactions
Zoning & alternative use
C · 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
$166 / 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
$20,852,087
Assessed 2023
Previous assessed
$20,443,223
+2.0% YoY
Assessed land
$6,856,761
Assessed improvement
$13,995,326
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
1992
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
3
Total area
74,802 SF
Lot
7.19 ac (313,196 SF)
Zoning code
C
APN
245-44-010
UPID
US09-1851788
Jurisdiction
SANTA CLARA
Zoning & alternative use
C · San Jose, CA
Zoning C · permitted uses
C · 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
1992
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
7.19 ac
Current owner
From public records · entity-resolved
Evershine I LP
Entity
Mailing address
19620 STEVENS CRK BLVD, CUPERTINO, CA 95014-2485
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2025
—
Evershine I LP
—
Deed
related
$25,000,000 · East West Bank
May 4, 2012
—
Evershine I LP
—
Grant Deed
related
$28,000,000 · Hsbc
Dec 11, 2009
—
I Evershine
—
Deed Of Trust
related
$8,500,000 · Cathay Bank
Dec 31, 1996
—
Evershine I LP
Dynasty Plaza IV
Grant Deed
related
—
Mar 29, 1996
—
Plaza Dynasty IV
Dynasty Plaza IV Assoc
Quit Claim Deed
related
—
—
—
Dynasty Plaza IV Associates
—
Deed Of Trust
related
$7,714,618 · Sumitomo Bank Of California
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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