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Property profile & analytics
OFF-MARKET
Estimated value
$16,105,000
Retail space
3000 Capitol Expy San Jose, CA 95148-4142
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1361966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
76,846 SF
Lot
8.13 ac (354,274 SF)
Zoning code
R1B6
APN
491-02-074
UPID
US09-1361966
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
-
Mercedes-Benz of San Jose Service Center Auto Repair Shop Vehicle Inspection Center
-
VTA Parking Lot & Garage
-
Mercedes-Benz of San Jose Car Dealership
-
Mercedes-Benz at San Jose Car Dealership
-
AutoNation Precision Parts Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.11M
Owner & transaction history
Rayjer Properties LLC · 6 yrs held
Rayjer Properties LLC
since 2019
4 recorded transactions
Zoning & alternative use
R1B6 · 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
$210 / 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
$19,332,957
Assessed 2023
Previous assessed
$18,953,880
+2.0% YoY
Assessed land
$10,057,618
Assessed improvement
$9,275,339
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
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Total area
76,846 SF
Lot
8.13 ac (354,274 SF)
Zoning code
R1B6
APN
491-02-074
UPID
US09-1361966
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1B6 · San Jose, CA
Zoning R1B6 · permitted uses
R1B6 · 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
2002
Heating
NONE
Buildings
2
Lot
8.13 ac
Current owner
From public records · entity-resolved
Rayjer Properties LLC
Entity
Mailing address
3000 E CAPITOL EXPY, SAN JOSE, CA 95148-4142
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2019
—
Rayjer Properties LLC
—
Deed
related
$14,000,000 · Bmo Harris Bank NA
Jun 7, 2017
—
Rayjer Properties LLC
—
Loan Modification
related
$3,000,000 · Mercedes-benz Fin'l Svcs USA
Dec 2, 2014
—
Rayjer Properties LLC
—
Loan Modification
related
$15,257,410 · Mercedes-benz Fin'l Svcs USA
Oct 30, 2012
—
Rayjer Properties LLC
—
Deed Of Trust
related
$16,580,019 · Mercedes-benz Fin'l Svcs USA
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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