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Property profile & analytics
FOR LEASE
Retail space
2850 Quimby Rd San Jose, CA 95148
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1341380
For Lease
1 / 18
$33 SF/Yr
2850 Quimby Rd, San Jose, CA 95148
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
WOOD
Total area
34,370 SF
Lot
3.56 ac (155,073 SF)
Zoning code
C1
APN
673-07-036
UPID
US09-1341380
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.12M
Owner & transaction history
2001 Ba Van Le Family Trust · 7 yrs held
2001 Ba Van Le Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
C1 · 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
$207 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$8,279,071
Assessed 2023
Previous assessed
$8,116,737
+2.0% YoY
Assessed land
$6,795,615
Assessed improvement
$1,483,456
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 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
For Lease
Year built
1979
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
16
Total area
34,370 SF
Lot
3.56 ac (155,073 SF)
Zoning code
C1
APN
673-07-036
UPID
US09-1341380
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1 · San Jose, CA
Zoning C1 · permitted uses
C1 · 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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
16
Lot
3.56 ac
Current owner
From public records · entity-resolved
2001 Ba Van Le Family Trust
Trust
Free & Clear · 7 yrs held
Mailing address
2305 MCKEE RD STE A, SAN JOSE, CA 95116-1629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2019
—
2001 Ba Van Le Family Trust
Golden Bay Investment Ltd
Quit Claim Deed
—
May 3, 2000
—
Jason C Chen
Chen,karen
Quit Claim Deed
related
—
May 3, 2000
$6,100,000
Golden Bay Investment Ltd
Chen,jenifer C
Trustees Deed
$811,576 · Lee Brothers Foodservice INC
Dec 20, 1996
—
Jennifer C Chen
—
Deed Of Trust
related
$2,800,000 · Century Bank
Jun 30, 1994
—
Youssef R Atteya
Atteya,shereen Y
Quit Claim Deed
related
—
—
—
Golden Bay Investment Ltd
—
Deed Of Trust
related
$5,460,000 · East West Bank
—
—
Golden Bay Investment Ltd
—
Deed Of Trust
related
$5,460,000 · East West Bank
—
—
Golden Bay Investment Ltd
—
Deed Of Trust
related
$3,000,000 · Pacific Crest Bank
—
—
Golden Bay Investment Ltd
—
Deed Of Trust
related
$1,000,000 · United National 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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