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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Retail space
35 Highland Ave San Martin, CA 95046
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1194618
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
9.25 ac (402,930 SF)
Zoning code
A1-5A
APN
779-13-005
UPID
US09-1194618
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
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
35 Highland LLC · 1 yrs held
35 Highland LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
A1-5A · San Martin, 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 Martin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Martin 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
$2,665,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±10% · vs last sale $2.40M (Aug 23 2024)
Last sale anchor
$2.40M
Aug 23 2024
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
—
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
$209,498
Assessed 2023
Previous assessed
$205,391
+2.0% YoY
Assessed land
$127,889
Assessed improvement
$81,609
Applied tax rate
87.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
9.25 ac (402,930 SF)
Zoning code
A1-5A
APN
779-13-005
UPID
US09-1194618
Jurisdiction
SANTA CLARA
Zoning & alternative use
A1-5A · San Martin, CA
Zoning A1-5A · permitted uses
A1-5A · San Martin, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Martin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
9.25 ac
Current owner
From public records · entity-resolved
35 Highland LLC
Entity
Mailing address
873 BLOSSOM HL RD, SAN JOSE, CA 95123-2705
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
$2,400,000
35 Highland LLC
Michael T Labarbera
Grant Deed
$1,200,000 · Pinnacle Bank
Aug 23, 2024
—
Walt Oxley Enterprises INC
35 Highland LLC
Deed
—
Aug 20, 2020
—
Labarbera,c Legacy Trust
Labarbera Salvatore P Trust
Quit Claim Deed
related
—
May 1, 2020
—
Labarbera,santina M Trust
Sal Labarbera
Affidavit Of Death
related
—
Feb 24, 2020
—
Labarbera,salvatore P Trust
Salvatore P Labarbera
Quit Claim Deed
related
—
Nov 26, 2019
—
Michael,t Labarbera Lega Trust
Labarbera Santina M Trust
Quit Claim Deed
related
—
May 7, 2012
—
Sal Labarbera
Labarbera,santina M
Affidavit Of Death
related
—
Oct 14, 2009
—
Labarbera Santina M Trust
Labarbera,santina M
Quit Claim Deed
related
—
May 4, 2009
—
Salvatore P Labarbera
Labarbera,santina M
Quit Claim Deed
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.
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