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Property profile & analytics
OFF-MARKET
Estimated value
$5,205,000
Strip malls
3065 Meridian Ave San Jose, CA 95124-2455
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3845861
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1959
Total area
31,392 SF
Lot
1.27 ac (55,321 SF)
Zoning code
APD
APN
447-05-024
UPID
US09-3845861
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
-
Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.21M
Owner & transaction history
Facchinolabarbera Hacienda Gardens
Facchinolabarbera Hacienda Gardens
since 2025
6 recorded transactions
Zoning & alternative use
APD · 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
$166 / 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
$110,005
Tax year 2024
Assessed value
$7,833,313
Assessed 2024
Previous assessed
$7,833,313
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,163,222
Assessed improvement
$4,670,091
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1959
Heating
NONE
Stories
1
Units
1
Total area
31,392 SF
Lot
1.27 ac (55,321 SF)
Zoning code
APD
APN
447-05-024
UPID
US09-3845861
Jurisdiction
SANTA CLARA
Zoning & alternative use
APD · San Jose, CA
Zoning APD · permitted uses
APD · 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
1959
Heating
NONE
Stories
1
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Facchinolabarbera Hacienda Gardens
Individual
Mailing address
873 BLOSSOM HL RD, SAN JOSE, CA 95123-2705
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
Oct 7, 2025
—
Facchinolabarbera Hacienda Gardens
Facchinolabarbera Hacienda Gardens
Grant Deed
related
$24,000,000 · Bank Of The Orient
Aug 24, 2016
—
Facchino Ofe Labarbera Hacienda Ga
Facchino Of Labarbera Hacienda Ga
Quit Claim Deed
related
—
Oct 9, 2015
—
Facchino Of Labarbera Hacienda Gd
Labarbera M & J Trust
Quit Claim Deed
related
$24,000,000 · Cantor Com'l R/e Lndg
Jul 6, 2012
—
Rajkovich,garrett A
Hacienda Gardens LLC
Quit Claim Deed
related
—
Apr 12, 2011
—
Pujalet,nikette M
Pujalet,marc
Quit Claim Deed
related
—
Apr 12, 2011
$17,000,000
Labarbera,michael & J Trust
Rajkovich,garrett A
Trustees Deed
$15,950,000 · Bank Of The West
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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