Back to Search
Property profile & analytics
FOR SALE
Industrial properties
1941 Las Plumas Ave San Jose, CA 95133
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-2773253
For Sale
1 / 24
$4,280,000
1941 Las Plumas Ave, San Jose, CA 95133
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
WOOD
Total area
10,260 SF
Lot
0.52 ac (22,460 SF)
Zoning code
LI
APN
254-54-012
UPID
US09-2773253
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
-
Divine Love Christian Fellowship Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Edwards,dan F Family Trust · 6 yrs held
Edwards,dan F Family Trust
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
LI · 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
Method
Estimation
Statistic approach
$1,010,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $850k (Jan 10 2020)
Last sale anchor
$850k
Jan 10 2020
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
$87 / 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
$18,687
Tax year 2024
Assessed value
$1,330,622
Assessed 2024
Previous assessed
$1,330,622
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$422,662
Assessed improvement
$907,960
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
10,260 SF
Lot
0.52 ac (22,460 SF)
Zoning code
LI
APN
254-54-012
UPID
US09-2773253
Jurisdiction
SANTA CLARA
Zoning & alternative use
LI · San Jose, CA
Zoning LI · permitted uses
LI · 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
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Edwards,dan F Family Trust
Trust
Mailing address
1941 LAS PLUMAS AVE, SAN JOSE, CA 95133-1738
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Jan 10, 2020
—
Edwards,dan F Family Trust
Dan F Edwards
Quit Claim Deed
related
—
Oct 23, 2019
—
Dan F Edwards
Edwards William R L/tr
Quit Claim Deed
related
—
Aug 24, 2017
—
William E Edwards
Edwards,kimberly L
Quit Claim Deed
related
$995,000 · Us Bank NA
Dec 8, 2016
—
Kimberly L Edwards
Edwards,kimberly L
Quit Claim Deed
related
—
Jun 24, 1998
$850,000
William R Edwards
Executive Exchange Co
Grant Deed
$425,000 · Bank Of America Community Dev
Oct 19, 1990
—
Glenn Frizzell
Frizzell,g.&m.
Quit Claim Deed
related
—
Aug 1, 1990
$663,000
Frizzell,glenn&m
Equity Preservat
Trustees Deed
$430,000 · Sumitomo Bank
Aug 1, 1990
$397,000
Equity Preservat
Hn Leasing Partn
Trustees Deed
related
$53,000 · Hn Leasing Corp
—
—
William R Edwards
—
Deed Of Trust
related
$350,000 · Mortgage Capital Dev Corp
—
—
William R Edwards
—
Deed Of Trust
related
$902,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
