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Property profile & analytics
FOR LEASE
Life science properties
302 Enzo Dr, San Jose, CA 95138
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1872631
For Lease
$1,830,000
302 Enzo Dr, San Jose, CA 95138
View Listing →
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2001
Construction
CONCRETE
Total area
91,886 SF
Lot
5.9 ac (257,004 SF)
Zoning code
IPB
APN
678-06-021
UPID
US09-1872631
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
-
Consulado General de México en San José, Ca. Foreign Consulate
-
Keri Systems - Access Control & Integrated Security Solutions Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
302 Enzo Drive LLC · 12 yrs held
302 Enzo Drive LLC
since 2013
4 recorded transactions
Zoning & alternative use
IPB · 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
$20 / 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
$102,756
Tax year 2024
Assessed value
$7,605,874
Assessed 2024
Previous assessed
$7,605,874
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,102,713
Assessed improvement
$4,503,161
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Lease
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
91,886 SF
Lot
5.9 ac (257,004 SF)
Zoning code
IPB
APN
678-06-021
UPID
US09-1872631
Jurisdiction
SANTA CLARA
Zoning & alternative use
IPB · San Jose, CA
Zoning IPB · permitted uses
IPB · 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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
5.9 ac
Current owner
From public records · entity-resolved
302 Enzo Drive LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1860 EL CAMINO REAL STE #500, BURLINGAME, CA 94010-3121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Sep 17, 2018
—
Enzo Drive LLC
—
Deed
related
$6,000,000 · First Republic Bank
Jul 18, 2013
—
302 Enzo Drive LLC
Marcos 3003 Bunker Hill LLC
Grant Deed
—
Jun 7, 2013
$6,300,000
Marcos 3003 Bunker Hill LLC
Sunrise Telecom INC Of De
Grant Deed
—
Mar 1, 2001
—
Sunrise Telecom INC
S B C C INC
Grant Deed
related
—
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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