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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Office buildings
299 24th St San Jose, CA 95116-2877
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-3148311
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Total area
4,420 SF
Lot
0.36 ac (15,600 SF)
Zoning code
LI
APN
467-36-015
UPID
US09-3148311
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
-
White Flowers Wedding Service
-
FANTASY Upholstery Furniture & Home Goods
-
Eden’s Garden #3 (Bike/Boat/Book/etc) Store Florist
-
Eden's garden (Bike/Boat/Book/etc) Store Florist
-
Rodriguez Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.27M
Owner & transaction history
Ysmelda Duarte · 7 yrs held
Ysmelda Duarte
since 2018
7 recorded transactions
Zoning & alternative use
LI · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.0M
+41.1%
Retail stores
$1.6M
+11.4%
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
$1,435,000
Current use
WAREHOUSE, STORAGE
$2,025,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,595,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±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
$287 / 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
$18,313
Tax year 2024
Assessed value
$1,443,609
Assessed 2024
Previous assessed
$1,443,609
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$938,346
Assessed improvement
$505,263
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
Year built
1919
Heating
NONE
Cooling
NONE
Total area
4,420 SF
Lot
0.36 ac (15,600 SF)
Zoning code
LI
APN
467-36-015
UPID
US09-3148311
Jurisdiction
SANTA CLARA
Zoning & alternative use
LI · San Jose, CA
Zoning LI · permitted uses
LI · 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
$1.4M
WAREHOUSE, STORAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1919
Heating
NONE
Cooling
Yes
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ysmelda Duarte
Individual
Mailing address
299 S 24TH ST, SAN JOSE, CA 95116-2877
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Ysmelda Duarte
—
Deed
related
$1,215,000 · Iserve Residential Lending LLC
Apr 22, 2025
—
Ysmelda Duarte
—
Deed
related
$325,000 · Janice Dodge
Sep 4, 2024
—
Ysmelda Duarte
—
Deed
related
$325,000 · Ginger Gray, Attorney-in-fact For Janice
Aug 28, 2020
—
Ysmelda Duarte
—
Deed
related
$975,000 · Harvest Small Business Finance LLC
Jul 25, 2018
$1,700,000
Ysmelda Duarte
Gronachon Eileen F/tr
Grant Deed
$850,000 · Lone Oak Fund
Jul 1, 2016
—
Gronachon,eileen Family Trust
Gronachon Living Trust
Quit Claim Deed
related
—
Sep 11, 2015
—
Gronachon Living Trust
299 S 24th St LLC
Quit Claim Deed
—
Aug 9, 2011
—
299 S 24th Street LLC
Owner Name Unavailable
Grant Deed
related
—
Jan 25, 1994
$295,000
Gronachon Trust
Stuart Trust
Grant Deed
$280,000 · Individual
—
—
Gronachon Trust
—
Deed Of Trust
related
$230,000 · Southern Pacific Thrift & Loan
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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