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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Retail space
2388 Bascom Ave Campbell, CA 95008-4382
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2687976
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
WOOD
Total area
2,228 SF
Lot
0.63 ac (27,442 SF)
Zoning code
CP
APN
412-20-004
UPID
US09-2687976
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
$510k
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$840k
Owner & transaction history
City Of San Jose · 2 yrs held
City Of San Jose
since 2023
7 recorded transactions
Zoning & alternative use
CP · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+27.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$510,000
CAP Approach
CAP Return
Estimation
6%
$1,005,000
6.5%
$925,000
7%
$860,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,000,000
Current use
OFFICE BUILDING
$1,275,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$377 / 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
$63,250
Tax year 2024
Assessed value
$5,200,000
Assessed 2024
Previous assessed
$5,200,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$5,200,000
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
1967
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
2,228 SF
Lot
0.63 ac (27,442 SF)
Zoning code
CP
APN
412-20-004
UPID
US09-2687976
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · Campbell, CA
Zoning CP · permitted uses
CP · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
OFFICE BUILDING
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
1967
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
City Of San Jose
Entity
Mailing address
200 E SANTA CLARA ST, SAN JOSE, CA 95113-1903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2023
—
City Of San Jose
Mollo Properties LLC
Grant Deed
—
Nov 9, 2023
$91,000
Crp Dry Creek Crossing LP
City Of San Jose
Ground Lease
related
$9,450,000 · City Of San Jose
Mar 2, 2017
$1,475,000
Mollo Properties LLC
Kirks Development LLC
Grant Deed
$1,310,000 · Wells Fargo Bank NA
Dec 17, 2004
—
Kirks Dev LLC
—
Trustees Deed
related
$691,700 · Bridge Bank NA
Apr 9, 2001
—
Sincere Trust
Sincere,william L
Quit Claim Deed
related
$800,000 · Sincere Trust
May 5, 1995
—
Sincere Trust
Sincere,bernice M
Quit Claim Deed
related
—
Mar 21, 1994
—
Barry A Ford
—
Grant Deed
related
$2,619,000 · First Commercial Bank
Mar 7, 1994
—
Barry A Ford
Ford,barry A & P
Quit Claim Deed
related
—
Oct 15, 1992
—
William L Sincere Trust
Sincere William
Quit Claim Deed
related
—
Jul 1, 1988
$500,000
Barry&patri Ford
Calve
Grant Deed
—
—
—
Kirks Development LLC
—
Deed Of Trust
related
$27,750 · Sincere Trust
—
—
Kirks Development LLC
—
Deed Of Trust
related
$621,800 · Bridge Bank NA
—
—
Kirks Dev LLC
—
Deed Of Trust
related
$1,398,000 · Bank Of America
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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