New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,185,000
Community centers
375 Capitol Ave, San Jose, CA 95133-1900
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3024311
Property summary
AI-generated overview
This exceptional retail opportunity is located at 375 N Capitol Ave in San Jose, California, within Santa Clara County (zip code 95133). The property offers a total of 3,000 square feet of commercial space, configured as two separate suites available for lease. Each suite offers a minimum of 1,200 square feet, with a maximum contiguous space of 3,000 square feet. Currently, a total of 4,300 square feet is vacant, presenting a significant opportunity for multiple tenants or a single occupant seeking a larger space. The property is classified as both retail and land, specifically designated as a commercial pad site, making it ideal for a variety of businesses. The property's location in San Jose offers excellent visibility and accessibility, providing strong potential for attracting customers. This is a multi-tenant property, providing flexibility for businesses of varying sizes. The property's coordinates are 37.3707617 latitude and -121.8468964 longitude. Serious inquiries are encouraged to explore this prime retail location. Don't miss this chance to establish your business in a thriving San Jose market.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1977
Total area
98,880 SF
Lot
8.02 ac (349,351 SF)
Zoning code
CG
APN
254-40-013
UPID
US09-3024311
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
-
Sprouts farmers market Food Market Farmer's Market
-
Fallas Discount Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.19M
Owner & transaction history
Rv Capitol Avenue Sj LLC · 1 yrs held
Rv Capitol Avenue Sj LLC
since 2024
7 recorded transactions
Zoning & alternative use
CG · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$164 / 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
$304,042
Tax year 2024
Assessed value
$22,368,600
Assessed 2024
Previous assessed
$22,368,600
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$18,207,000
Assessed improvement
$4,161,600
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1977
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
98,880 SF
Lot
8.02 ac (349,351 SF)
Zoning code
CG
APN
254-40-013
UPID
US09-3024311
Jurisdiction
SANTA CLARA
Zoning & alternative use
CG · San Jose, CA
Zoning CG · permitted uses
CG · 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
1977
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
8.02 ac
Current owner
From public records · entity-resolved
Rv Capitol Avenue Sj LLC
Entity
Free & Clear · 1 yrs held
Mailing address
822 S ROBERTSON BLVD STE #303, LOS ANGELES, CA 90035-1632
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 1, 2024
—
Rv Capitol Avenue Sj LLC
North Capitol Avenue LLC
Grant Deed
—
Jun 5, 2023
—
Burlington Coat Factory Of Texas In
North Capitol Avenue
Lease
—
Apr 1, 2022
$15,550,000
North Capitol Avenue LLC
Betty Jean Loule III Limited Partne
Grant Deed
$25,977,528 · Kairos Credit Strategies Operating
Sep 18, 2020
—
Betty Jean Louie III Limited Partne
Betty Jean Louie III Limited Partne
Intrafamily Transfer
related
$4,500,000 · First Republic Bank
Oct 1, 2013
—
Betty Jean Louie LP III
Betty Jean Louie III LP
Quit Claim Deed
related
$7,000,000 · First Republic Bank
Jan 4, 2011
—
Betty Jean Louie LP III
Louie,sinclair & May
Quit Claim Deed
—
Dec 28, 2010
—
Sinclair Louie
Louie 1992 Family Trust
Quit Claim Deed
related
—
Nov 9, 1992
—
Louie Trust
Louie,sinclair A
Quit Claim Deed
related
—
Nov 22, 1988
$2,239,500
Sinclair&m Louie
Banmoore Group I
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 375 Capitol Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
