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Property profile & analytics
OFF-MARKET
Estimated value
$6,900,000
Manufacturing properties
1631 10th St San Jose, CA 95112-2518
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2535893
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Construction
WOOD
Total area
9,450 SF
Lot
1.79 ac (77,972 SF)
Zoning code
HI
APN
477-09-008
UPID
US09-2535893
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
-
Precision Fiber Optics Inc. Corporate Office
-
Tera Lite Inc Store Professional Services
-
Valve Body Pro Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.90M
Owner & transaction history
1631 S 10th St LLC · 1 yrs held
1631 S 10th St LLC
since 2024
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
HI · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.3M
+82.6%
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
$6,900,000
ML approach
$6,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,325,000
Change: +83% · Conversion: Easy
Blend value · Realmo final
$6.90M
Range $6.21M – $7.59M · ±10% · vs last sale $6.90M (Aug 22 2024)
Last sale anchor
$6.90M
Aug 22 2024
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
$730 / 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
$8,434
Tax year 2024
Assessed value
$403,765
Assessed 2024
Previous assessed
$403,765
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$74,713
Assessed improvement
$329,052
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
7
Total area
9,450 SF
Lot
1.79 ac (77,972 SF)
Zoning code
HI
APN
477-09-008
UPID
US09-2535893
Jurisdiction
SANTA CLARA
Zoning & alternative use
HI · San Jose, CA
Zoning HI · permitted uses
HI · 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
WAREHOUSE, STORAGE
Est. value
$4.3M
WAREHOUSE, STORAGE
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
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
7
Lot
1.79 ac
Current owner
From public records · entity-resolved
1631 S 10th St LLC
Entity
Mailing address
220 LEO AVE, SAN JOSE, CA 95112-6078
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$6,900,000
1631 S 10th St LLC
Susan Irene Nollmerry
Grant Deed
$5,400,000 · Susan Nollmerry
Apr 13, 2023
—
Andrew Thomas Merry
Susan Irene Noll Merry
Intrafamily Transfer
related
$150,000 · Val Chris Investments INC
Jan 3, 2014
—
Susan Merry
Jones Family Trust A
Quit Claim Deed
related
—
Feb 9, 2012
—
Janice L Jones
Jones,harley D & Norma P
Affidavit Of Death
related
—
Jun 18, 2002
—
Jones Trust
Jones Trust
Quit Claim 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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