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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Industrial properties
414th Umbarger Rd San Jose, CA 95111-2093
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5338509
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1984
Total area
4,807 SF
Lot
0.25 ac (10,785 SF)
Zoning code
M1H
APN
497-34-016
UPID
US09-5338509
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Ludwig 1990 Trust · 15 yrs held
Ludwig 1990 Trust
since 2011
7 recorded transactions
Zoning & alternative use
M1H · 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%
$1,335,000
6.5%
$1,230,000
7%
$1,145,000
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$185 / 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
$10,701
Tax year 2024
Assessed value
$742,122
Assessed 2024
Previous assessed
$742,122
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$370,241
Assessed improvement
$371,881
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Units
1
Total area
4,807 SF
Lot
0.25 ac (10,785 SF)
Zoning code
M1H
APN
497-34-016
UPID
US09-5338509
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1H · San Jose, CA
Zoning M1H · permitted uses
M1H · 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
1984
Heating
NONE
Stories
1
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Ludwig 1990 Trust
Trust
Mailing address
1610 LAURELWOOD DR, SAN JOSE, CA 95125-4949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2011
$359,000
Ludwig 1990 Trust
Pumphrey K & J 1995 Trust
Grant Deed
—
Apr 3, 2007
$680,000
Pumphrey K M & J M 1995 Trust
Marchese,anthony L
Grant Deed
—
Sep 21, 2006
—
Anthony L Marchese
Marchese General Ptshp
Quit Claim Deed
—
Nov 1, 2005
—
Anthony L Marchese
Superior Metal Finishers
Grant Deed
$70,000 · Michael Kolito
—
—
James S Marchese
—
Deed Of Trust
related
$369,000 · Guillermo Gutierrez
—
—
Anthony Marchese
—
Deed Of Trust
related
$189,000 · Bank Of Commerce
—
—
James Marchese
—
Deed Of Trust
related
$350,000 · Bob & Maureen Krieger
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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