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Property profile & analytics
OFF-MARKET
Estimated value
$15,290,000
Strip malls
3002 Story Rd San Jose, CA 95127-3943
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3017988
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
TILT-UP CONCRETE
Total area
38,735 SF
Lot
3.87 ac (168,577 SF)
Zoning code
C1H
APN
488-03-010
UPID
US09-3017988
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
-
Wells Fargo ATM Atm
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Western Union Bank Credit Union
-
MoneyGram Bank Credit Union
-
Foodmaxx Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.29M
Owner & transaction history
Intelli LLC · 1 yrs held
Intelli LLC
since 2025
Last sale
$15.0M
6 recorded transactions
Zoning & alternative use
C1H · 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
$13,915,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,685,000
6.5%
$17,245,000
7%
$16,015,000
Blend value · Realmo final
$15.29M
Range $13.76M – $16.82M · ±10% · vs last sale $15.00M (Nov 23 2020)
Last sale anchor
$15.00M
Nov 23 2020
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
$395 / 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
$218,934
Tax year 2024
Assessed value
$15,918,119
Assessed 2024
Previous assessed
$15,918,119
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$7,110,093
Assessed improvement
$8,808,026
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
38,735 SF
Lot
3.87 ac (168,577 SF)
Zoning code
C1H
APN
488-03-010
UPID
US09-3017988
Jurisdiction
SANTA CLARA
Zoning & alternative use
C1H · San Jose, CA
Zoning C1H · permitted uses
C1H · 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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
3.87 ac
Current owner
From public records · entity-resolved
Intelli LLC
Entity
Mailing address
1800 STANDIFORD AVE, MODESTO, CA 95350-0180
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$17,500,000
Intelli LLC
Save Mart Portfolio Owner Fund V Ca
Grant Deed
—
Feb 4, 2025
—
Save Mart Supermarkets LLC
Save Mart Portfolio Owner Fund V Ca
Deed
$32,000,000 · Ctbc Bank Corp USA
Jan 25, 2021
—
Save Mart Portfolio Owner Fund V Ca
—
Deed
related
$416,800 · Wells Fargo Bank NA
Nov 23, 2020
$15,000,000
Save Mart Portfolio Owner Fund
Lucky Del Nocal Investor LLC
Grant Deed
—
Nov 10, 2015
$11,924,000
Lucky Del Nocal Investors Ll
Fae Holdings 457388r
Grant Deed
—
May 15, 2015
$8,993,500
Fae Holdings 457388r LLC
Safeway INC
Grant Deed
—
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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