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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
3152 Story Rd San Jose, CA 95127-3815
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0014308
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
1,450 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C
APN
647-02-042
UPID
US09-0014308
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
-
New Bay Realty & Income Tax Real Estate Agency
-
Ponciano Alvarez, New Bay Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Ponciano Alvarez · 11 yrs held
Ponciano Alvarez
since 2014
7 recorded transactions
Zoning & alternative use
C · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$695,000
+21.8%
Warehouse, storage
$665,000
+16.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$570,000
Current use
RETAIL STORES
$695,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$665,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$369 / 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
$10,565
Tax year 2024
Assessed value
$752,618
Assessed 2024
Previous assessed
$752,618
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$253,561
Assessed improvement
$499,057
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Total area
1,450 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C
APN
647-02-042
UPID
US09-0014308
Jurisdiction
SANTA CLARA
Zoning & alternative use
C · San Jose, CA
Zoning C · permitted uses
C · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$570,000
RETAIL STORES
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$665,000
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Ponciano Alvarez
Individual
Mailing address
1158 MACHADO LN, SAN JOSE, CA 95127-4409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2016
—
Ponciano Alvarez
—
Deed
related
$260,000 · Bank Of The West
Oct 24, 2014
—
Ponciano Alvarez
Alvarez,monica
Quit Claim Deed
related
—
Jul 31, 2013
$125,000
Monica Alvarez
Alvarez,jaime
Grant Deed
related
$250,000 · Pacific Private Money I INC
Apr 7, 2011
$150,000
Jaime Alvarez
Alvarez,ponciano C & Olga B
Grant Deed
related
—
May 24, 2010
—
Ponciano Alvarez
—
Trustees Deed
related
$250,000 · Ross Family Trust
Oct 13, 2005
$675,000
Ponciano Alvarez
Abril Bail Bonds INC
Grant Deed
—
Jul 27, 2005
$775,000
Abril Bail Bonds INC
Abril Gus & Anita Trust
Grant Deed
—
Sep 18, 1996
—
Abril Trust
Abril,gustavo L & Anita P
Quit Claim Deed
related
—
Oct 30, 1992
$205,000
Gustavo Abril
Schwenk,donald E
Grant Deed
$185,000 · Seller
—
—
Abril Trust
—
Deed Of Trust
related
$161,250 · San Benito Bank
—
—
Ponciano Alvarez
—
Deed Of Trust
related
$260,000 · Bank Of The West
—
—
Abril Trust
—
Deed Of Trust
related
$260,000 · Community Bank Central Ca
—
—
Abril,tr
—
Deed Of Trust
related
$352,500 · Pacific Bell Directory INC
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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