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Property profile & analytics
OFF-MARKET
Estimated value
$23,145,000
Strip malls
551 Capitol Expy San Jose, CA 95136-3914
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3148787
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
WOOD FRAME
Total area
59,253 SF
Lot
5.76 ac (250,905 SF)
Zoning code
SJ
APN
462-64-012
UPID
US09-3148787
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
-
Orangetheory Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.15M
Owner & transaction history
Save Mart Portfolio Owner Fund · 5 yrs held
Save Mart Portfolio Owner Fund
since 2020
Last sale
$22.3M
7 recorded transactions
Zoning & alternative use
SJ · 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
$20,690,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,550,000
6.5%
$27,280,000
7%
$25,330,000
Blend value · Realmo final
$23.15M
Range $20.83M – $25.46M · ±10% · vs last sale $22.30M (Nov 23 2020)
Last sale anchor
$22.30M
Nov 23 2020
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
$391 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$23,204,041
Assessed 2023
Previous assessed
$22,749,060
+2.0% YoY
Assessed land
$10,404,000
Assessed improvement
$12,800,041
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
59,253 SF
Lot
5.76 ac (250,905 SF)
Zoning code
SJ
APN
462-64-012
UPID
US09-3148787
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.
Building & site characteristics
From public records
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.76 ac
Current owner
From public records · entity-resolved
Save Mart Portfolio Owner Fund
Entity
Mailing address
1800 STANDIFORD AVE, MODESTO, CA 95350-0180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Jan 25, 2021
—
Save Mart Portfolio Owner Fund V Ca
—
Deed
related
$416,800,000 · Wells Fargo Bank NA
Nov 23, 2020
$22,303,000
Save Mart Portfolio Owner Fund
Rmp Properties LLC
Grant Deed
—
Jul 7, 2017
—
Pti Us Towers I LLC
—
Grant Deed
related
$1,000,000,000 · Toronto Dominion Tx
May 18, 2017
—
Rmp Props
—
Grant Deed
related
$170,000,000 · Ubs Ag
Apr 4, 2007
—
Rmp Properties LLC
Abs Nocal Investor LLC
Grant Deed
—
Mar 15, 2007
—
Abs Nocal Investor LLC
Asr Tx Investor
Warranty Deed
—
Sep 29, 2006
—
Asr Tx Investor LP
American Stores Realty Co LLC
Warranty Deed
$168,927,970 · Greenwich Capital Financial Product
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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