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Property profile & analytics
OFF-MARKET
Estimated value
$6,530,000
Retail space
2042 Tully Rd San Jose, CA 95122-1357
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-3266278
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
17,626 SF
Lot
1.51 ac (65,775 SF)
Zoning code
C1H
APN
491-04-044
UPID
US10-3266278
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
-
Ailan Dental Care Dental Office
-
Dr. Ailan Tran, DDS Dental Office
-
Ailan Dental Care: Nguyen Quynh C DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.53M
Owner & transaction history
T&v Investment INC · 9 yrs held
T&v Investment INC
since 2016
7 recorded transactions
Zoning & alternative use
C1H · 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
$370 / 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
$8,148,598
Assessed 2023
Previous assessed
$7,988,823
+2.0% YoY
Assessed land
$3,587,285
Assessed improvement
$4,561,313
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
1989
Heating
NONE
Cooling
YES
Stories
1
Units
10
Total area
17,626 SF
Lot
1.51 ac (65,775 SF)
Zoning code
C1H
APN
491-04-044
UPID
US10-3266278
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1H · San Jose, CA
Zoning C1H · permitted uses
C1H · 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
1989
Heating
NONE
Cooling
Yes
Stories
1
Units
10
Lot
1.51 ac
Current owner
From public records · entity-resolved
T&v Investment INC
Entity
Mailing address
1018 NOBLE AVE, SAN JOSE, CA 95132-3100
Ownership since
2016
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
Nov 15, 2016
—
T&v Investment INC
T&v Investment INC
Correction Deed
related
$3,796,900 · Cathay Bank
Dec 2, 2003
—
T & V Investment INC
Chang,roxanne
Grant Deed
$3,500,000 · Cathay Bank
May 31, 2000
$109,500
Roxanne Chang
Park,sooner W
Quit Claim Deed
related
—
Oct 28, 1999
—
Sooner W Park
Park,linda Y
Quit Claim Deed
related
$2,350,000 · Stancorp Mortgage Investors
Oct 28, 1999
$3,618,000
Value Inn Sunnyvale
Pl Investment Co
Trustees Deed
—
Aug 15, 1989
$3,500,000
P. L. Investment
Tully Road Equit
Grant Deed
$2,400,000 · Citicorp Savings & Loan
—
—
T & V Investment INC
—
Deed Of Trust
related
$2,726,175 · Cathay Bank
—
—
T & V Investment INC
—
Deed Of Trust
related
$1,373,824 · Cathay Bank
—
—
T & V Investment INC
—
Deed Of Trust
related
$850,000 · Cathay Bank
—
—
T & V Investment INC
—
Deed Of Trust
related
$850,000 · Cathay 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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