Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3590 1st St San Jose, CA 95134-1808

    • Office buildings
    • 2.09 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3683474
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Immigration Law Group LLP / Law Firm
    • Immigration Law Group LLP: Bui Cuong / Law Firm
    • GainSpan / (Bike/Boat/Book/etc) Store / Corporate Office
    • Nile Headquarters / Corporate Office
    • Neato Robotics, Inc. / Corporate Office

    Property Details for 3590 1st St

    Lot size
    2.09 lot acres
    Zone code
    IP
    Property type
    Office buildings
    APN
    097-07-073
    APU
    9707073

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.944
    Latitude
    37.4094
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $67,250
    $5,484,946
    $0.00
    $5,484,946
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $9,705,000
      45,862 SF

      2890 Zanker Rd

      OFFICE BUILDING • 45,862 SF
      2890 Zanker Rd, San Jose, CA 95134-2118
      View Details
    • Value Estimation
      $865,000
      148,846 SF

      3080 1st St

      OFFICE BUILDING • 148,846 SF
      3080 1st St, San Jose, CA 95134-2023
      View Details
    • Value Estimation by Request
      106,200 SF

      260 Innovation Dr

      OFFICE BUILDING • 106,200 SF
      260 Innovation Dr, San Jose, CA 95134-3390
      View Details
    • Value Estimation by Request
      165,400 SF

      250 Innovation Dr

      OFFICE BUILDING • 165,400 SF
      250 Innovation Dr, San Jose, CA 95134-3390
      View Details
    • Value Estimation by Request
      106,200 SF

      270 Innovation Dr

      OFFICE BUILDING • 106,200 SF
      270 Innovation Dr, San Jose, CA 95134-3390
      View Details
    • Value Estimation
      $15,980,000
      50,890 SF

      3000 Orch Pkwypy

      OFFICE BUILDING • 50,890 SF
      3000 Orch Pkwypy, San Jose, CA 95134-2058
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      96,154 SF

      San Jose Office Building For Sale

      96,154 SF office building in San Jose, California.
      90 E Tasman Dr, San Jose, CA 95134
      View Details
    • $33,000,000
      92,864 SF

      San Jose Two-Story Facility

      92,864 SF facility ideal for corporate headquarters or manufacturing.
      2581 Junction Ave, San Jose, CA 95134
      View Details
    • $78,000
      265,000 SF

      Class A Office Buildings

      Two Class A office buildings totaling 265,000 square feet.
      3060 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      265,000 SF

      Prime San Jose Office Campus

      265,000 SF Class A Office Portfolio
      3060 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      95,550 SF

      San Jose Flex/Industrial Property

      5.5 acre flex/industrial property renovated in 2015.
      250 W Tasman Dr, San Jose, CA 95134
      View Details
    • Contact for pricing
      142,700 SF

      San Jose Flex/Industrial Space

      Flex/industrial space featuring labs, cafeteria, fitness room, and EV chargers.
      350 E Plumeria Dr, San Jose, CA 95134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,691 SF

      LEED Gold Certified Office Space

      High-tech office space with fitness center and EV charging.
      4453 N 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      1,600,000 SF

      North San Jose Office Campus

      1.6M sqft, 7-building campus in North San Jose.
      2890 North 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      76,410 SF

      Office/R&D Space for Sublease

      Two-story office/R&D space with best-in-class interiors.
      250 Holger Way, San Jose, CA 95134
      View Details
    • $3 SF/Yr

      North San Jose Office Space

      Office space in North San Jose with highway access.
      2833-2841 Zanker Rd, San Jose, CA 95134
      View Details
    • Contact for pricing
      99,494 SF

      San Jose Office Space Available

      99,494 SF office space for rent in San Jose.
      3100 North 1St St, San Jose, CA 95134
      View Details
    • New
      Contact for pricing

      CA, San Jose - North San Jose

      Flexible workspace in CA, San Jose - North San Jose
      2880 San Jose Ave, San Jose, CA 95134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3590 1st St
    San Jose, CA 95134-1808
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!