2263 Alum Rock Ave San Jose, CA 95116-2018
Individually Owned
1-yr Hold
Free & Clear
Estimated value (blended)
$650k
Range $585k – $715k (±10%)
Property ID
US09-1260811
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
4,320 SF
Lot
0.21 ac (9,147 SF)
Zoning code
MS-G
APN
481-06-020
UPID
US09-1260811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$467k
Blend (final)
Blend
$650k
Owner & transaction history
since 2024
Last sale
$880,000
7 recorded transactions
Zoning & alternative use
MS-G · San Jose, CA
Zoning description
MS-G main street ground floor commercial district. The MS-G main street ground floor district is intended to provide a mix of commercial and residential uses integrated in a pedestrian-oriented design with a focus on act…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$650k
Value range
$585k – $715k
±10% around blend
Estimated value / SF
$150 / SF
Confidence
High
13 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
100
$585k
blend $650k
$715k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,320 SF
Lot area
0.21 ac
Year built
1948
Stories
2
APN
481-06-020
Assessed value
$1,415,860
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.45M
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.1 mi away · 3,188 SF
2.3 mi away · 4,300 SF
3.3 mi away · 3,578 SF
3.6 mi away · 3,910 SF
4.2 mi away · 4,410 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$650k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$361
-58%
Submarket 414 sales
$478
-69%
County 827 sales
$535
-72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $150/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$880k
Move the market yield to see immediate price impact.
Value / SF
$204
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$55k
$1.11M
$792k
$616k
$62k
$1.23M
$880k
$684k
$68k
$1.36M
$968k
$753k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$1.15M
0.6 mi · Feb 2026 · $370/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$1,415,860
Assessed 2023
Previous assessed
$1,388,099
+2.0% YoY
Assessed land
$964,716
Assessed improvement
$451,144
Applied tax rate
17.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1948
Heating
NONE
Stories
2
Units
3
Total area
4,320 SF
Lot
0.21 ac (9,147 SF)
Zoning code
MS-G
APN
481-06-020
UPID
US09-1260811
Jurisdiction
SANTA CLARA
Zoning & alternative use
MS-G · San Jose, CAZoning MS-G · permitted uses
MS-G · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
MS-G main street ground floor commercial district. The MS-G main street ground floor district is intended to provide a mix of commercial and residential uses integrated in a pedestrian-oriented design with a focus on act…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
2
Units
3
Lot
0.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MS-G
COMMERCIAL
Jurisdiction
San Jose, CA
Recorded code
MS-G
Official district
MS-G
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MS-G in San Jose, CA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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