New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Retail space
3248 El Camino Real Santa Clara, CA 95051-2820
Trust Owned
10-yr Hold
Free & Clear
Property ID
US09-3389637
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
5,450 SF
Lot
0.36 ac (15,803 SF)
Zoning code
CT
APN
290-03-084
UPID
US09-3389637
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Lu,chi-lan Living Trust · 10 yrs held
Lu,chi-lan Living Trust
since 2016
7 recorded transactions
Zoning & alternative use
CT · Santa Clara, 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 Santa Clara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clara 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
$227 / 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
$1,305,819
Assessed 2023
Previous assessed
$1,280,216
+2.0% YoY
Assessed land
$1,100,650
Assessed improvement
$205,169
Applied tax rate
7.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
4
Total area
5,450 SF
Lot
0.36 ac (15,803 SF)
Zoning code
CT
APN
290-03-084
UPID
US09-3389637
Jurisdiction
SANTA CLARA
Zoning & alternative use
CT · Santa Clara, CA
Zoning CT · permitted uses
CT · Santa Clara, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clara. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
Lu,chi-lan Living Trust
Trust
Free & Clear · 10 yrs held
Mailing address
PO BOX 505, SANTA CLARA, CA 95052-0505
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2016
—
Lu,chi-lan Living Trust
Lu,chilan
Quit Claim Deed
related
—
Feb 21, 2014
$142,000
Chi-lan Lu
Lu,shen-lo
Grant Deed
related
—
Sep 23, 2013
$400,000
Shen-lo Lu
Lu,chi-lan
Grant Deed
related
—
May 21, 2013
$471,000
Chi-lan Lu
Lu,chi-lan
Grant Deed
related
—
Sep 9, 2010
$266,500
Chi-lan Lu
Choi,kun S & Young J
Grant Deed
$533,000 · Celtic Bank Corp
Jul 16, 2009
—
Chi-lan Lu
Lu Family Trust
Quit Claim Deed
related
$300,000 · Greenlake Real Estate Fund LLC
Oct 12, 2007
—
Lu Chi-lan Living Trust
Lu,chi-lan
Quit Claim Deed
related
—
Jul 12, 2002
—
Chi-lan Lu
Lu Trust
Quit Claim Deed
related
—
Jul 29, 1996
—
Speno Trust
Speno,nicholas A
Quit Claim Deed
related
—
Mar 16, 1995
—
Ernest J Speno
Speno Trust
Quit Claim Deed
related
—
Mar 3, 1995
—
Speno Trust
Speno,ernest A
Quit Claim Deed
related
—
Feb 7, 1995
$50,000
Ernest A Speno
Speno Trust
Grant Deed
related
—
Dec 30, 1994
—
Speno Trust
Speno,nicholas
Quit Claim Deed
related
—
Aug 5, 1994
$50,000
Speno Trust
Speno,marie
Grant Deed
related
—
—
—
Kun S Choi
—
Deed Of Trust
related
$400,000 · Greenlake Real Estate Fund LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3248 El Camino Real?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
