New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Life science properties
2400 Ringwood Ave San Jose, CA 95131-1713
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-0202553
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1997
Construction
WOOD
Total area
80,000 SF
Lot
6.1 ac (265,716 SF)
Zoning code
IP
APN
244-17-014
UPID
US09-0202553
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
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.20M
Owner & transaction history
Si Svy01c LLC · 2 yrs held
Si Svy01c LLC
since 2024
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$15 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$329,954
Tax year 2023
Assessed value
$26,010,000
Assessed 2023
Previous assessed
$26,010,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$24,875,964
Assessed improvement
$1,134,036
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
80,000 SF
Lot
6.1 ac (265,716 SF)
Zoning code
IP
APN
244-17-014
UPID
US09-0202553
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
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
6.1 ac
Current owner
From public records · entity-resolved
Si Svy01c LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1700 BROADWAY STE #1750, DENVER, CO 80290-1501
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2024
—
Si Svy01c LLC
Si Svy01c LLC
Grant Deed
related
—
Jan 3, 2024
—
Si Svy 01 Pg&e LLC
Si Svy01c LLC
Grant Deed
—
Mar 4, 2021
—
Si Svyl2 LLC
Ringwood LLC
Correction Deed
related
—
Feb 24, 2021
$250,000
Si Svyl2 LLC
Ringwood LLC
Grant Deed
—
Dec 3, 2010
—
Ringwood LLC
Los Angeles Royal Vista Golf C
Grant Deed
—
Nov 9, 2006
—
Angeles Royal Vista Golf C Los
Ac Ringwood Avenue INC
Grant Deed
—
Oct 6, 2000
—
Ac Olympus America INC
Hibiscus Investments INC
Grant Deed
related
—
Dec 17, 1996
—
Hibiscus Investments
Nexus Equity LLC
Grant Deed
$7,200,000 · Tokai Bank California
Feb 29, 1996
—
Nexus Equity LLC
—
Grant Deed
related
$7,300,000 · Tokai Bank California
Dec 18, 1995
$2,160,000
Nexus Equity LLC
Sahadl,fred N & Helen
Grant Deed
related
—
—
—
Hibiscus Investment INC
—
Deed Of Trust
related
$7,162,427 · Tokai Bank California
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2400 Ringwood Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
