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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Industrial properties
1640 Dell Ave, Campbell, CA 95008-6901
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6747998
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
TILT-UP CONCRETE
Total area
11,136 SF
Lot
0.64 ac (27,864 SF)
Zoning code
C-M
APN
424-33-081
UPID
US09-6747998
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
-
J.B. Precision, Inc. - Jessee Brothers Machine Shop Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.65M
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Mpi Consolidated LLC · 1 yrs held
Mpi Consolidated LLC
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C-M · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.0M
+11.8%
Apartment house (5+ units)
$4.6M
+2.1%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$3,650,000
ML approach
$3,650,000
CAP Approach
CAP Return
Estimation
6%
$3,100,000
6.5%
$2,860,000
7%
$2,655,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,475,000
Current use
RETAIL STORES
$5,000,000
Change: +12% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,570,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,960,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±10% · vs last sale $3.65M (Sep 9 2024)
Last sale anchor
$3.65M
Sep 9 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
$328 / 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
$62,747
Tax year 2024
Assessed value
$4,681,800
Assessed 2024
Previous assessed
$4,681,800
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$2,913,120
Assessed improvement
$1,768,680
Applied tax rate
10.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
11,136 SF
Lot
0.64 ac (27,864 SF)
Zoning code
C-M
APN
424-33-081
UPID
US09-6747998
Jurisdiction
SANTA CLARA
Zoning & alternative use
C-M · Campbell, CA
Zoning C-M · permitted uses
C-M · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.5M
RETAIL STORES
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Mpi Consolidated LLC
Entity
Mailing address
260 LOS GATOS SARATOGA RD, LOS GATOS, CA 95030-5317
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
$3,650,000
Mpi Consolidated LLC
Jb Racing LLC
Grant Deed
—
Apr 1, 2022
—
Jb Racing LLC
—
Deed
related
$3,084,200 · Bank Of The West
Apr 26, 2019
—
Jb Racing LLC
Jessee,chad E & Evan P
Quit Claim Deed
—
Oct 18, 2018
—
Chad E Jessee
Jessee Chett P Living Trust
Quit Claim Deed
related
—
May 5, 2017
—
Jessee,chett P Living Trust
Jessee Chett P Living Trust
Quit Claim Deed
related
—
Sep 17, 2009
—
Jessee Chett P Living Trust
Jessee,chett P
Quit Claim Deed
related
—
Aug 18, 1997
—
Chett P Jessee
Jessee,margaret
Quit Claim Deed
related
—
Dec 30, 1993
$735,000
Chett Jessee
Fischer,gordon C
Grant Deed
$588,000 · Money Store California
Sep 10, 1991
$105,000
Gordon Fischer
Jones,l.
Grant Deed
$153,000 · Bank Of America
—
—
Chett P Jessee
—
Deed Of Trust
related
$576,500 · Union 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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