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Property profile & analytics
OFF-MARKET
Estimated value
$6,510,000
Strip malls
3521 Homestead Rd Santa Clara, CA 95051-5161
Individually Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1656571
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1960
Construction
TILT-UP CONCRETE
Total area
28,022 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CC
APN
290-23-049
UPID
US09-1656571
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
-
Sun Corner House Restaurant Take-out & Catering
-
함경도또순이 왕족발 Restaurant Take-out & Catering
-
Kings Restaurant
-
King's pork feet(함경도또순이 왕족발) Restaurant
-
Super Kyo-Po Plaza Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.51M
Owner & transaction history
Martha C Munoz · 28 yrs held
Martha C Munoz
since 1998
5 recorded transactions
Zoning & alternative use
CC · 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
$232 / 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
$29,485
Tax year 2024
Assessed value
$2,413,054
Assessed 2024
Previous assessed
$2,413,054
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,336,216
Assessed improvement
$76,838
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
28,022 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CC
APN
290-23-049
UPID
US09-1656571
Jurisdiction
SANTA CLARA
Zoning & alternative use
CC · Santa Clara, CA
Zoning CC · permitted uses
CC · 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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Martha C Munoz
Individual
Free & Clear · 28 yrs held
Mailing address
3000 SAND HL RD STE 1-250, MENLO PARK, CA 94025-7171
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 1998
—
Martha C Munoz
Munoz,david
Quit Claim Deed
related
—
Jul 1, 1998
$2,800,000
Seh Homestead Properties LLC
Boren Trust
Trustees Deed
—
Dec 23, 1996
—
Linda L Hanratty
Swenson,mildred P
Grant Deed
related
—
Jan 22, 1996
—
Swenson Trust
Swenson,mildred
Quit Claim Deed
related
—
Apr 6, 1995
—
Johnson Trust
Johnson,kathryn A
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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