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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Retail space
1915 Alum Rock Ave San Jose, CA 95116-2014
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US10-3064787
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
12,362 SF
Lot
1.21 ac (52,708 SF)
Zoning code
C3
APN
481-08-015
UPID
US10-3064787
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
-
Alum Rock Pure Water Big Box & Wholesale Store
-
Cost-U-Less Insurance Insurance Agency
-
Plush Vapors (Bike/Boat/Book/etc) Store
-
Window Cafe Restaurant
-
V Kocha Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.48M
Owner & transaction history
Disco Bay LLC · 17 yrs held
Disco Bay LLC
since 2009
7 recorded transactions
Zoning & alternative use
C3 · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.7M
+26.7%
Apartment house (5+ units)
$5.3M
+17.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,465,000
Current use
WAREHOUSE, STORAGE
$5,655,000
Change: +27% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,255,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$4,010,000
Change: -10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,650,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10%
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
$281 / 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
$5,551,270
Assessed 2023
Previous assessed
$5,442,423
+2.0% YoY
Assessed land
$4,040,045
Assessed improvement
$1,511,225
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
9
Total area
12,362 SF
Lot
1.21 ac (52,708 SF)
Zoning code
C3
APN
481-08-015
UPID
US10-3064787
Jurisdiction
SANTA CLARA
Zoning & alternative use
C3 · San Jose, CA
Zoning C3 · permitted uses
C3 · 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
RETAIL STORES Current
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
RETAIL STORES Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
9
Lot
1.21 ac
Current owner
From public records · entity-resolved
Disco Bay LLC
Entity
Mailing address
PO BOX 14176, FREMONT, CA 94539-1376
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2009
—
Disco Bay LLC
Redevelopment Agcy Of City/san Jo
Grant Deed
related
—
Jul 14, 2008
—
1939 Newco LLC
595 E El Camino Real Invs LLC
Grant Deed
—
Sep 28, 2007
$5,850,000
595 E El Camino Real Invs LLC
Clark 1983 Family Trust
Grant Deed
$5,000,000 · First Republic Bank
Apr 28, 2006
—
Clark 1983 Family Trust
Clark,richard E
Quit Claim Deed
related
—
Sep 27, 2005
—
Richard E Clark
Clark,theola
Quit Claim Deed
related
—
Sep 27, 2005
$1,150,000
Richard E Clark
Schulte,lewis
Grant Deed
—
Aug 30, 2005
—
Richard E Clark
Creekside Plaza Associates
Grant Deed
—
—
—
Disco Bay LLC
—
Deed Of Trust
related
$333,232 · Passey J & D Living Trust (lt)
—
—
1939 Newco LLC
—
Deed Of Trust
related
$4,690,000 · Standard Insurance Co
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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