Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1901 Las Plumas Ave Ste, Unit 10 San Jose, CA 95133-1700
    Back to Search
    Property profile & analytics

    1901 Las Plumas Ave Ste, Unit 10, San Jose, CA 95133-1700

    View on Map
    • Industrial properties
    • 15,656 SF
    • 1.16 lot acres
    Off-Market
    Last Sale Jun 2, 2021
    $4,200,000
    Property ID
    US10-2672398
    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.
    Value Estimations
    $3,880,000
    Show details
    Cap Rate Potential
    7.5%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1901 Las Plumas Ave Ste

    Year built
    1984
    Lot size
    1.16 lot acres
    Zone code
    LI
    Property type
    Industrial properties
    APN
    254-74-001
    APU
    25474001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2021 $4,200,000 Fortune 2nd LLC Vangaurd Holdings LLC Grant Deed $2.1M · First Citizens Bank & Trust Co
    Jun 2, 2021 — Fortune 2nd LLC — Deed · related $1.7M · Business Finance Capital
    Jul 9, 2020 — Vanguard Holdings LLC — Deed · related $2.7M · Wells Fargo Bank NA
    May 6, 2019 $3,880,000 Vanguard Holdings LLC Lan Rung Properties LLC Grant Deed $2.5M · Alan L Lunemann
    Jul 5, 2018 — Lan Rung Properties LLC — Trustees Deed · related $1M · Khmh Co LLC
    Mar 20, 2018 $2,505,000 Lan Rung Properties LLC Tran,huan C Grant Deed —
    Oct 16, 2017 — Huan C Tran Huan C Tran Intrafamily Transfer · related $2.9M · Wells Fargo Bank NA
    Jan 25, 2005 — Huan Cong Tran Huan Cong Tran Intrafamily Transfer · related $1.6M · Wells Fargo Bank NA
    Dec 3, 2004 $685,000 Huan C Tran Tran,huang C Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,495,000
      ML approach
      $3,470,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,355,000
      6.5%
      $4,020,000
      7%
      $3,735,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,625,000
      Current use
      OFFICE BUILDING
      $6,150,000
      Change: +33% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,735,000
      Change: +24% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.862
    Latitude
    37.3658
    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
    2024
    $60,682
    $3,480,762
    $976,311
    $4,457,073
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,265,000
      33,290 SF

      1230 Yard Ct

      INDUSTRIAL (GENERAL)
      1230 Yard Ct, San Jose, CA 95133-1048
      View Details
    • Value Estimation
      $1,920,000
      9,727 SF

      925 Berryessa Rd

      INDUSTRIAL (GENERAL)
      925 Berryessa Rd, San Jose, CA 95133-1002
      View Details
    • Value Estimation
      $21,120,000
      166,347 SF

      1601 Las Plumas Ave

      INDUSTRIAL (GENERAL)
      1601 Las Plumas Ave, San Jose, CA 95133-1613
      View Details
    • Value Estimation by Request
      3.31 Acres

      1565 Mabury Rd

      INDUSTRIAL (GENERAL)
      1565 Mabury Rd, San Jose, CA 95133
      View Details
    • Value Estimation
      $1,080,000
      5,111 SF

      San Jose, CA 95133

      INDUSTRIAL (GENERAL)
      San Jose, CA 95133
      View Details
    • Value Estimation
      $1,140,000
      5,520 SF

      880 Mabury Rd

      INDUSTRIAL (GENERAL)
      880 Mabury Rd, San Jose, CA 95133-1021
      View Details

    Similar Nearby for Sale

    • $4,750,000

      Industrial Building with Live/Work Setup

      Industrial building featuring a live/work setup and tenant income.
      1931 Las Plumas Ave, San Jose, CA 95133
      View Details
    • Contact for pricing
      10,260 SF

      Industrial Building with Live/Work Setup

      Industrial building with live/work setup, kitchen, shower, and laundry.
      1931 Las Plumas Ave, San Jose, CA 95133
      View Details
    • Contact for pricing
      10,260 SF

      Versatile Freestanding Industrial Warehouse

      Adaptable industrial warehouse in North San Jose with redevelopment potential.
      1941 Las Plumas Ave, San Jose, CA 95133
      View Details
    • Contact for pricing

      Berryessa BART Urban Village Land

      2.23 acre commercial development site in San Jose.
      1655 Berryessa Rd, San Jose, CA 95133
      View Details
    • Contact for pricing
      13,200 SF

      San Jose Retail Investment Opportunity

      Two-building retail property in North San Jose, fully leased.
      1010 Timothy Dr, San Jose, CA 95133
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      San Jose Flex Space Available

      Flex space in San Jose with HVAC office and sprinklers.
      1640 Mabury Rd, San Jose, CA 95133
      View Details
    • Contact for pricing
      33,420 SF

      San Jose Warehouse Space Available

      33,420 sqft warehouse space for lease in San Jose.
      1670 Las Plumas Ave, San Jose, CA 95133
      View Details
    • Contact for pricing
      77,608 SF

      San Jose Warehouse Space Available

      Industrial warehouse space for lease near San Jose BART station.
      615 N King Rd, San Jose, CA 95133
      View Details
    • Contact for pricing
      10,480 SF

      San Jose Warehouse Space Available

      10,480 SF warehouse with office and shop space.
      1901 Las Plumas Ave, San Jose, CA 95133
      View Details
    • Contact for pricing

      San Jose Industrial Property

      Industrial property available for rent in San Jose, California.
      591 King Rd N San, San Jose, CA 95133
      View Details
    • Contact for pricing
      1,290 SF

      Retail Space Near Berryessa BART

      Retail space near Berryessa BART station and Market Park shopping center.
      1501 Berryessa Rd, San Jose, CA 95133
      View Details
    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.
    1901 Las Plumas Ave Ste, Unit 10
    San Jose, CA 95133-1700
    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

    Thank You for Inquiry
    1901 Las Plumas Ave Ste, San Jose, CA, 95133
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!