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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Office buildings
34 2nd St Campbell, CA 95008-2923
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3294068
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
6,776 SF
Lot
0.31 ac (13,502 SF)
Zoning code
R1
APN
412-06-082
UPID
US09-3294068
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
-
Nationwide Insurance: Alandale Insurance Agency Insurance Agency
-
Acrisure Campbell, CA (Bozzuto Insurance Services) Insurance Agency
-
Covered California Certified Agent - Kirk Grundman Insurance Agency
-
Garage Door Repair Campbell Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.85M
Owner & transaction history
34 S Second LLC · 5 yrs held
34 S Second LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
R1 · Campbell, 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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$2,205,000
ML approach
$2,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10% · vs last sale $1.75M (Nov 16 2020)
Last sale anchor
$1.75M
Nov 16 2020
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
$272 / 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
$2,071,311
Assessed 2023
Previous assessed
$2,030,698
+2.0% YoY
Assessed land
$1,124,426
Assessed improvement
$946,885
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Stories
2
Units
4
Total area
6,776 SF
Lot
0.31 ac (13,502 SF)
Zoning code
R1
APN
412-06-082
UPID
US09-3294068
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1 · Campbell, CA
Zoning R1 · permitted uses
R1 · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Stories
2
Units
4
Lot
0.31 ac
Current owner
From public records · entity-resolved
34 S Second LLC
Entity
Mailing address
6617 CAMELIA DR, CASTROVILLE, CA 95012
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2021
—
34 S Second LLC
Dan E Bozzuto
Correction Deed
related
—
Nov 16, 2020
—
34s Second LLC
Dan E Bozzuto
Quit Claim Deed
related
—
Aug 3, 2012
$1,749,750
Dan E Bozzuto
California Teachers Association
Grant Deed
$1,526,000 · Wells Fargo Bank NA
Mar 29, 1994
—
San Jose City
Office Associate
Grant Deed
related
—
Sep 17, 1991
$750,000
California Teach
Burrell,f./ledya
Grant Deed
—
Nov 2, 1988
$832,000
Lyles Diversifie
Saratoga Capital
Grant Deed
—
—
—
Kim
—
Deed Of Trust
related
$305,000 · Individual
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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