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Property profile & analytics
OFF-MARKET
Estimated value
$8,130,000
Office buildings
4850 Un Ave San Jose, CA 95124-5156
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1419946
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
WOOD FRAME
Total area
17,142 SF
Lot
0.88 ac (38,332 SF)
Zoning code
CP
APN
419-32-076
UPID
US09-1419946
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
-
Slatkin Neal E MD Physician Medical Clinic
-
Dr. Theodore Cohen, MD Physician
-
Mary Zuccaro Pediatrician Physician
-
Sutter Care at Home - San Jose (Hospice of the Valley) Nursing Home
-
Mary Lois Comeskey Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.34M
CAP Approach
CAP
$9.90M
Comparable Approach
Comparable
$8.37M
Blend (final)
Blend
$8.13M
Owner & transaction history
Lgtc 4850 Union Ave LLC · 2 yrs held
Lgtc 4850 Union Ave LLC
since 2023
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
CP · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.2M
+21.8%
Warehouse, storage
$7.8M
+16.5%
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 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
$6,180,000
ML approach
$6,340,000
CAP Approach
CAP Return
Estimation
6%
$10,720,000
6.5%
$9,895,000
7%
$9,190,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,730,000
Current use
RETAIL STORES
$8,200,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,845,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,280,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$8.13M
Range $7.32M – $8.94M · ±10% · vs last sale $9.00M (Aug 7 2023)
Last sale anchor
$9.00M
Aug 7 2023
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
$474 / 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
$116,749
Tax year 2024
Assessed value
$9,000,000
Assessed 2024
Previous assessed
$9,000,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$5,000,000
Assessed improvement
$4,000,000
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
2000
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
17,142 SF
Lot
0.88 ac (38,332 SF)
Zoning code
CP
APN
419-32-076
UPID
US09-1419946
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · San Jose, CA
Zoning CP · permitted uses
CP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.7M
RETAIL STORES
Est. value
$8.2M
WAREHOUSE, STORAGE
Est. value
$7.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Lgtc 4850 Union Ave LLC
Entity
Mailing address
2542 S BASCOM AVE STE #110, CAMPBELL, CA 95008-5541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Nov 22, 2024
—
Lgtc 4850 Union Ave LLC
—
Deed
related
$3,739,000 · Cdc Small Business Finance Corp
Aug 7, 2023
$9,000,000
Lgtc 4850 Union Ave LLC
4850 Union Avenue LLC
Grant Deed
$4,114,350 · Jpmorgan Chase Bank NA
Aug 7, 2023
—
Sutter Visiting Nurse Association
4850 Union Avenue LLC
Lease
—
Jun 6, 2022
—
4850 Union Avenue LLC
—
Deed
related
$210,000 · Symetra Life Insurance Co
Jul 20, 1998
—
4850 Union Ave LLC
Heimgartner Trust
Grant Deed
$3,150,000 · Heritage Bank Of Commerce
—
—
4850 Union Ave LLC
—
Deed Of Trust
related
$3,150,000 · General Electric Capital Corp
—
—
4850 Union Avenue LLC
—
Deed Of Trust
related
$3,100,000 · Genworth Life & Annuity Ins Co
—
—
4850 Union Avenue LLC
—
Deed Of Trust
related
$2,800,151 · Genworth Life & Annuity Ins Co
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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