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Property profile & analytics
OFF-MARKET
Estimated value
$25,930,000
Warehouses
2144 Oakland Rd San Jose, CA 95131-1500
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4930893
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
82,900 SF
Lot
4.76 ac (207,345 SF)
Zoning code
IP
APN
244-23-069
UPID
US09-4930893
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.93M
Owner & transaction history
Ta Oakland Road LP · 5 yrs held
Ta Oakland Road LP
since 2020
Last sale
$26.6M
6 recorded transactions
Zoning & alternative use
IP · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$39.7M
+4.5%
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
$24,680,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$28,005,000
6.5%
$25,850,000
7%
$24,005,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$37,935,000
Current use
RETAIL STORES
$39,655,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$30,360,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$25.93M
Range $23.34M – $28.52M · ±10% · vs last sale $26.60M (Dec 11 2020)
Last sale anchor
$26.60M
Dec 11 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
$313 / 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
$355,561
Tax year 2024
Assessed value
$28,228,132
Assessed 2024
Previous assessed
$28,228,132
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$9,901,070
Assessed improvement
$18,327,062
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
82,900 SF
Lot
4.76 ac (207,345 SF)
Zoning code
IP
APN
244-23-069
UPID
US09-4930893
Jurisdiction
SANTA CLARA
Zoning & alternative use
IP · San Jose, CA
Zoning IP · permitted uses
IP · 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
WAREHOUSE, STORAGE Current
Est. value
$37.9M
RETAIL STORES
Est. value
$39.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$30.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2020
Heating
NONE
Stories
1
Lot
4.76 ac
Current owner
From public records · entity-resolved
Ta Oakland Road LP
Entity
Free & Clear · 5 yrs held
Mailing address
1301 DOVE ST STE #860, NEWPORT BEACH, CA 92660-2440
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
$26,600,000
Ta Oakland Road LP
Cp Logistics Oakland Road LLC
Grant Deed
—
Feb 7, 2017
$5,287,500
Cp Logistics Oakland Road LLC
Pestana Family 1986 Trust
Grant Deed
—
Jan 27, 2017
—
Pacific Gas & Electric Co
Oakland Road LLC
Quit Claim Deed
related
—
May 16, 2011
—
Pestana 1986 Family Trust
Pestana 1986 Family Trust
Quit Claim Deed
related
—
May 19, 2009
—
Pestana 1986 Family Trust
Pestana,ernest E & Irene
Quit Claim Deed
related
—
Dec 27, 1990
$1,560,000
Ernest Pestana
JR Ray Co Corpor
Grant Deed
—
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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