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Property profile & analytics
OFF-MARKET
Estimated value
$5,900,000
Office buildings
429 Llewellyn Ave Campbell, CA 95008-1948
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1467221
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
6,655 SF
Lot
1 ac (43,560 SF)
Zoning code
P-D
APN
305-17-004
UPID
US09-1467221
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
-
DimeSpine, Inc. - Dr. Sherwin E. Hua Physician
-
Mikiko Murakami, DO Physician
-
Abhishek Gowda, MD -- Spine & Sports Medical Group Physician
-
Felicia Radu, MD -- Spine & Sports Medical Group Physician Medical Clinic
-
Colyvas Nicholas MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.90M
CAP Approach
CAP
$3.84M
Comparable Approach
Comparable
$5.04M
Blend (final)
Blend
$5.90M
Owner & transaction history
El Camino Hospital · 2 yrs held
El Camino Hospital
since 2024
Last sale
$5.9M
5 recorded transactions
Zoning & alternative use
P-D · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.8M
+79.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$5,900,000
ML approach
$5,900,000
CAP Approach
CAP Return
Estimation
6%
$4,160,000
6.5%
$3,840,000
7%
$3,570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,810,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,840,000
Change: +80% · Conversion: Difficult
Blend value · Realmo final
$5.90M
Range $5.31M – $6.49M · ±10% · vs last sale $5.90M (Mar 29 2024)
Last sale anchor
$5.90M
Mar 29 2024
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
$887 / 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
$46,470
Tax year 2024
Assessed value
$3,402,258
Assessed 2024
Previous assessed
$3,402,258
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,627,035
Assessed improvement
$775,223
Applied tax rate
10.0000
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
1983
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
6,655 SF
Lot
1 ac (43,560 SF)
Zoning code
P-D
APN
305-17-004
UPID
US09-1467221
Jurisdiction
SANTA CLARA
Zoning & alternative use
P-D · Campbell, CA
Zoning P-D · permitted uses
P-D · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1983
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
El Camino Hospital
Individual
Free & Clear · 2 yrs held
Mailing address
2500 GRANT RD, MOUNTAIN VIEW, CA 94040-4302
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
$5,900,000
El Camino Hospital
Thuy Thi Tran
Grant Deed
—
Jan 5, 2022
—
Sherman N Tran
Sherman N Tran
Intrafamily Transfer
related
—
Mar 8, 2021
—
Sherman N Tran
—
Deed
related
$941,060 · Comerica Bank
Nov 13, 2019
—
Sherman N Tran
—
Deed
related
$2,981,000 · Comerica Bank
Dec 28, 2006
—
Tran Sherman N Trust
Farmers Ins Exchange & Truck I
Grant Deed
$1,785,000 · General Electric Capital Corp
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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