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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Strip malls
3111 Mclaughlin Ave San Jose, CA 95121-2400
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-3266017
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
WOOD
Total area
2,506 SF
Lot
10.09 ac (439,520 SF)
Zoning code
LPD
APN
499-36-060
UPID
US09-3266017
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
-
CENTURY 21 A-1 Network Real Estate Agency
-
Century 21 Real Estate Alliance Real Estate Agency
-
Gould Shopping Center Shopping Center & Mall
-
Devlin Real Estate School Vocational School Training Center
-
Yifeng Acupuncture&Massage 益丰中医诊所 Alternative Medicine Practice Spa & Massage 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
$500k
Owner & transaction history
H K N IV LLC · 4 yrs held
H K N IV LLC
since 2022
5 recorded transactions
Zoning & alternative use
LPD · 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
$200 / 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
$22,426,614
Assessed 2023
Previous assessed
$21,986,878
+2.0% YoY
Assessed land
$16,862,630
Assessed improvement
$5,563,984
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
1989
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
2,506 SF
Lot
10.09 ac (439,520 SF)
Zoning code
LPD
APN
499-36-060
UPID
US09-3266017
Jurisdiction
SANTA CLARA
Zoning & alternative use
LPD · San Jose, CA
Zoning LPD · permitted uses
LPD · 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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
10.09 ac
Current owner
From public records · entity-resolved
H K N IV LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14523 SINGING HL LN SARATOGA
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
—
H K N IV LLC
Pacific Gas And Electric Company
Quit Claim Deed
related
—
Sep 6, 2018
—
Hkn IV LLC
—
Deed
related
—
Jul 22, 2005
—
H K N IV LLC
Namimatsu K T & I N Trust
Quit Claim Deed
related
—
Mar 15, 2002
—
Kenneth T Namimatsu
Namimatsu,irene N
Quit Claim Deed
related
$5,500,000 · Silicon Valley Bank
—
—
Hkn IV LLC
—
Loan Modification
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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