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Property profile & analytics
OFF-MARKET
Estimated value
$5,460,000
Office buildings
35 Santa Clara St San Jose, CA 95113-1801
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-2964056
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1898
Construction
TILT-UP CONCRETE
Total area
11,736 SF
Lot
0.14 ac (6,313 SF)
Zoning code
DC
APN
467-21-045
UPID
US09-2964056
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
-
Cannabis Dispensary (Bike/Boat/Book/etc) Store
-
Backyard San Jose Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.46M
Owner & transaction history
James Kim Tzong Eu · 5 yrs held
James Kim Tzong Eu
since 2021
3 recorded transactions
Zoning & alternative use
DC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,340,000
6.5%
$6,775,000
7%
$6,290,000
Blend value · Realmo final
$5.46M
Range $4.91M – $6.01M · ±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
$465 / 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
$1,896,253
Assessed 2023
Previous assessed
$5,406,000
-64.9% YoY
Assessed land
$829,434
Assessed improvement
$1,066,819
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1898
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
3
Units
3
Total area
11,736 SF
Lot
0.14 ac (6,313 SF)
Zoning code
DC
APN
467-21-045
UPID
US09-2964056
Jurisdiction
SANTA CLARA
Zoning & alternative use
DC · San Jose, CA
Zoning DC · permitted uses
DC · 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
1898
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Units
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
James Kim Tzong Eu
Individual
Free & Clear · 5 yrs held
Mailing address
46990 OCOTILLO CT, FREMONT, CA 94539-7205
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
James Kim Tzong Eu
Isis Properties LLC
Grant Deed
—
Sep 10, 2004
—
Isis Properties LLC
Kim,james
Grant Deed
related
—
Apr 9, 1997
—
James K Eu
—
Deed Of Trust
related
$1,350,000 · Redevelopment Agency San Jose
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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