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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Retail space
519 Coleman Ave San Jose, CA 95110-2128
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1260810
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
TILT-UP CONCRETE
Total area
5,725 SF
Lot
0.53 ac (23,086 SF)
Zoning code
SJ
APN
259-54-046
UPID
US09-1260810
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
-
Anuheas Same Day Flower Delivery Inc. (Bike/Boat/Book/etc) Store Florist
-
Spirit Halloween Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.71M
Owner & transaction history
Lpf San Jose Retail INC · 16 yrs held
Lpf San Jose Retail INC
since 2010
3 recorded transactions
Zoning & alternative use
SJ · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.6M
+23.0%
Office building
$2.3M
+5.6%
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%
$2,575,000
6.5%
$2,380,000
7%
$2,210,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,130,000
Current use
WAREHOUSE, STORAGE
$2,620,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$2,250,000
Change: +6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,095,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$298 / 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
$45,880
Tax year 2024
Assessed value
$3,881,207
Assessed 2024
Previous assessed
$3,881,207
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$879,234
Assessed improvement
$3,001,973
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
5
Total area
5,725 SF
Lot
0.53 ac (23,086 SF)
Zoning code
SJ
APN
259-54-046
UPID
US09-1260810
Jurisdiction
SANTA CLARA
Zoning & alternative use
SJ · San Jose, CA
Zoning SJ · permitted uses
SJ · 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
RETAIL STORES Current
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RETAIL STORES Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
5
Lot
0.53 ac
Current owner
From public records · entity-resolved
Lpf San Jose Retail INC
Entity
Free & Clear · 16 yrs held
Mailing address
200 E RANDOLPH ST, CHICAGO, IL 60601-6436
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2011
—
Lpf San Jose Retail INC
—
Deed Of Trust
related
$45,000,000 · Northwestern Mutual Life Ins
Jul 8, 2010
$85,000,000
Lpf San Jose Retail INC
Cousins San Jose Marketcenter
Grant Deed
—
Apr 4, 2005
—
Cousins San Jose Marketcenter
Owner,record
Grant Deed
related
—
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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