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Property profile & analytics
FOR LEASE
Office buildings
2030 Forest Ave 200 San Jose, CA 95128
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0530101
For Lease
$4,760,000
2030 Forest Ave,Unit 200, San Jose, CA 95128
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Construction
WOOD
Total area
13,184 SF
Lot
0.57 ac (24,720 SF)
Zoning code
CO
APN
274-58-020
UPID
US09-0530101
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
-
O'Connor Fertility Care Medical Clinic
-
Pascual Izquierdo Physician
-
Geeta Singh Physician
-
Dr. Andrew N. Hartman, MD Pediatrician Medical Clinic
-
Dalizu Alice A Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.76M
Owner & transaction history
2030 Forest Building LLC · 4 yrs held
2030 Forest Building LLC
since 2022
4 recorded transactions
Zoning & alternative use
CO · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.3M
+16.4%
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
OFFICE BUILDING
$6,270,000
Current use
RETAIL STORES
$7,295,000
Change: +16% · Conversion: Moderate
WAREHOUSE, STORAGE
$6,035,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,840,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$4.76M
Range $4.28M – $5.24M · ±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
$361 / 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
$79,669
Tax year 2024
Assessed value
$6,242,400
Assessed 2024
Previous assessed
$6,242,400
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,965,140
Assessed improvement
$3,277,260
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
4
Total area
13,184 SF
Lot
0.57 ac (24,720 SF)
Zoning code
CO
APN
274-58-020
UPID
US09-0530101
Jurisdiction
SANTA CLARA
Zoning & alternative use
CO · San Jose, CA
Zoning CO · permitted uses
CO · 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
OFFICE BUILDING Current
Est. value
$6.3M
RETAIL STORES
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1958
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
2030 Forest Building LLC
Entity
Mailing address
10250 MAGDALENA RD, LOS ALTOS HILLS, CA 94024-6413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
2030 Forest Building LLC
Mehrdad Rezaee
Grant Deed
$2,415,932 · Avidbank
Dec 15, 2016
$2,950,000
Mehrdad Rezaee
Verity Holdings LLC
Grant Deed
$2,505,000 · Wells Fargo Bank NA
Jul 7, 2016
—
Verity Holdings LLC
Oconnor Hospital
Grant Deed
—
Dec 31, 2001
—
Oconnor Hospital
Catholic Healthcare West-bay A
Grant Deed
related
—
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?”
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