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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Strip malls
1698 Story Rd San Jose, CA 95122-2134
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3307249
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Construction
CONCRETE
Total area
4,587 SF
Lot
0.3 ac (13,242 SF)
Zoning code
CP
APN
486-10-096
UPID
US09-3307249
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Mountain Mike's Pizza Restaurant
-
Digicom Wireless Inc Mobile Phone Store Electronics & Wireless 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
$865k
Owner & transaction history
Imwalle Story King LLC · 17 yrs held
Imwalle Story King LLC
since 2009
5 recorded transactions
Zoning & alternative use
CP · 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
$189 / 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
$43,189
Tax year 2024
Assessed value
$3,104,319
Assessed 2024
Previous assessed
$3,104,319
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$883,754
Assessed improvement
$2,220,565
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
2010
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
3
Total area
4,587 SF
Lot
0.3 ac (13,242 SF)
Zoning code
CP
APN
486-10-096
UPID
US09-3307249
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · San Jose, CA
Zoning CP · permitted uses
CP · 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
2010
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Imwalle Story King LLC
Entity
Mailing address
307 E ORCH CITY DR, CAMPBELL, CA 95008-2931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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 2, 2022
—
Imwalle Story King LLC
—
Deed
related
$2,300,000 · Wells Fargo Bank NA
Nov 29, 2018
—
Imwalle Story King LLC
—
Deed
related
$1,576,609 · Comerica Bk
Apr 2, 2009
—
Imwalle Story King LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Imwalle Story King LLC
—
Loan Modification
related
$1,576,609 · Comerica Bk
—
—
Imwalle Story King LLC
—
Deed Of Trust
related
$1,900,000 · Comerica Bank
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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