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Property profile & analytics
OFF-MARKET
Estimated value
$9,000,000
Office buildings
2290 1st St San Jose, CA 95131-2017
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2313864
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.96 ac (41,818 SF)
Zoning code
IP
APN
237-17-143
UPID
US09-2313864
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
-
Habitec Architecture & Interior Design Interior Design Home Decor Store
-
Ricoh USA Inc Business Management Consultant Camera Store
-
Northern California Chapter ERA Association Or Organization
-
Black Sesame Technologies Inc. Corporate Office
-
BNO Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.00M
Owner & transaction history
2290 North First Street LLC · 4 yrs held
2290 North First Street LLC
since 2021
Last sale
$9.0M
4 recorded transactions
Zoning & alternative use
IP · 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
—
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
$29,696
Tax year 2024
Assessed value
$2,437,227
Assessed 2024
Previous assessed
$2,437,227
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,437,227
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
Off-Market
Heating
NONE
Lot
0.96 ac (41,818 SF)
Zoning code
IP
APN
237-17-143
UPID
US09-2313864
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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.96 ac
Current owner
From public records · entity-resolved
2290 North First Street LLC
Entity
Mailing address
777 N 1ST ST FL, SAN JOSE, CA 95112
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 13, 2021
—
2290 North First Street LLC
Gvc Owens LLC
Grant Deed
$12,000,000 · Prime Finance Short Duration Holdin
Dec 14, 2015
$17,320,000
Gvc Owens LLC
The Realty Associates Fund Viii LP
Grant Deed
$12,000,000 · Comerica Bank
Jan 31, 2007
—
Realty Associates Fund Viii
Ca-2290 North First Street
Grant Deed
—
Dec 13, 1995
—
San Jose Acquisition Co LLC
Orchard Investment Co #501
Grant Deed
$33,817,500 · Union Bank Trustee
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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