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Property profile & analytics
FOR LEASE
Office buildings
2365 Quimby Rd San Jose, CA 95122
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5310951
For Lease
1 / 3
$10,870,000
2365 Quimby Rd, San Jose, CA 95122
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
CONCRETE
Total area
41,138 SF
Lot
2.82 ac (122,628 SF)
Zoning code
APD,C
APN
491-48-007
UPID
US09-5310951
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
-
Thử máu Hospital
-
NGUYEN KY DPM Physician
-
Abdelsalam M Mogasbe Physician
-
PMU CLINIC Medical Clinic Skin Care Clinic
-
Roger W. Washington, MD, Inc. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.44M
Blend (final)
Blend
$10.87M
Owner & transaction history
Evergreen Prof Invs LLC · 14 yrs held
Evergreen Prof Invs LLC
since 2011
7 recorded transactions
Zoning & alternative use
APD,C · 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
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
$16,155,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,065,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$10.87M
Range $9.78M – $11.96M · ±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
$264 / 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
$162,080
Tax year 2024
Assessed value
$12,179,146
Assessed 2024
Previous assessed
$12,179,146
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,709,137
Assessed improvement
$9,470,009
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
1996
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
41,138 SF
Lot
2.82 ac (122,628 SF)
Zoning code
APD,C
APN
491-48-007
UPID
US09-5310951
Jurisdiction
SANTA CLARA
Zoning & alternative use
APD,C · San Jose, CA
Zoning APD,C · permitted uses
APD,C · 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
$16.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.1M
OFFICE BUILDING Current
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
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
2.82 ac
Current owner
From public records · entity-resolved
Evergreen Prof Invs LLC
Entity
Mailing address
2690 S WHITE RD STE #100, SAN JOSE, CA 95148-2075
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Evergreen Professional Investments
—
Deed
related
$6,100,000 · Bank Of Guam
Oct 26, 2011
$2,907,500
Evergreen Prof Invs LLC
Ms Kearney Ct 1 LLC
Grant Deed
—
Jun 24, 2011
—
Ms Kearny Ct 1 LLC
—
Deed Of Trust
related
$85,265,000 · General Electric Capital Corp
Jun 21, 2011
$2,524,868
Ms Kearny Ct 1 LLC
Fidelity National Title Co
Trustees Deed
related
—
Aug 18, 2010
$256,000
John D Tran
Nguyen,binh T
Grant Deed
—
Sep 3, 2009
$347,000
Tron D Do
Do,tron D
Grant Deed
related
—
May 5, 2008
$6,700,000
Tron D Do
Isleton LLC
Grant Deed
$4,620,000 · Chinatrust Bank USA
Mar 13, 2008
$329,000
Isleton LLC
Chcqt LLC
Grant Deed
—
Jan 24, 2008
$210,000
Chcqt LLC
Alliance Title
Trustees Deed
related
—
Mar 22, 2007
—
Bic D Pho
—
Trustees Deed
related
$138,196 · Linh T D Le
Dec 15, 2006
—
Bid D Pho
—
Trustees Deed
related
$149,500 · Heng V Te
Dec 4, 2006
$6,400,000
Quimby Ents LLC
Lion Venture Group
Grant Deed
$4,480,000 · Cathay Bank
Dec 4, 2006
—
Tam Le
Hoang,kevin
Grant Deed
related
—
Aug 14, 1995
—
Lion Venture Group LP
—
Grant Deed
related
$1,560,000 · Cathay Bank
—
—
John D Tran
—
Deed Of Trust
related
$800,000 · Joseph M Tran
—
—
John D Tran
—
Deed Of Trust
related
$600,000 · Mark & Angie Elconin
—
—
Lion Venture Group LP
—
Deed Of Trust
related
$1,560,000 · Cathay Bank
—
—
Quimby Ents LLC
—
Deed Of Trust
related
$1,000,000 · Chcqt LLC
—
—
Evergreen Professional Investm
—
Deed Of Trust
related
$2,316,667 · Comerica Bank
—
—
Evergreen Professional Investm
—
Deed Of Trust
related
$3,690,000 · Comerica 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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