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Property profile & analytics
OFF-MARKET
Estimated value
$3,295,000
Office buildings
4050 Moorpark Ave San Jose, CA 95117-1840
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US10-3001134
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
13,490 SF
Lot
0.98 ac (42,688 SF)
Zoning code
R120
APN
299-38-021
UPID
US10-3001134
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
-
Allergy & Asthma Associates: Leung Roxanne S MD Physician Medical Clinic
-
Dr. Xiao Wan Physician Medical Clinic
-
Dr. Alan B. Goldsobel, MD Physician Medical Clinic
-
Wolfe James D MD Physician Medical Clinic
-
Renu Gandhe Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.38M
Blend (final)
Blend
$3.30M
Owner & transaction history
Moorpark Medical Partners LLC · 22 yrs held
Moorpark Medical Partners LLC
since 2003
7 recorded transactions
Zoning & alternative use
R120 · San Jose, CA
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,300,000
Current use
Blend value · Realmo final
$3.30M
Range $2.97M – $3.62M · ±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
$244 / 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
$38,799
Tax year 2024
Assessed value
$2,892,365
Assessed 2024
Previous assessed
$2,892,365
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$2,076,931
Assessed improvement
$815,434
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
1980
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
13,490 SF
Lot
0.98 ac (42,688 SF)
Zoning code
R120
APN
299-38-021
UPID
US10-3001134
Jurisdiction
SANTA CLARA
Zoning & alternative use
R120 · San Jose, CAZoning R120 · permitted uses
R120 · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.3M
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Moorpark Medical Partners LLC
Entity
Mailing address
4050 MOORPARK AVE, SAN JOSE, CA 95117-1840
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2016
—
Moorpark Medical Partners LLC
—
Deed
related
$995,000 · Bank Of The West
Jul 30, 2004
—
Moorpark Medical Partners LLC
—
Trustees Deed
related
$1,264,000 · Bank Of The West
Oct 21, 2003
—
Moorpark Medical Partners LLC
Irp Muller Pacific Properties
Grant Deed
$1,556,250 · Comerica Bank
Sep 6, 2000
—
Irp Muller Pacific Properties
Pacific Gateway Properties
Quit Claim Deed
related
$77,652 · General Electric Capital Corp
Jun 17, 1994
—
Peter H Paulsen
Paulsen,angela D
Quit Claim Deed
related
—
—
—
Peter H Paulsen
—
Deed Of Trust
related
$1,080,000 · Pacific Crest Inv & Loan
—
—
Peter H Paulsen
—
Deed Of Trust
related
$1,100,000 · Foothill Thrift & Loan
—
—
Moorpark Medical Partners LLC
—
Deed Of Trust
related
$995,000 · Bank Of The West
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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