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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
6070 Hellyer Ave San Jose, CA 95138-1048
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3236956
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
1,500 SF
Lot
0.11 ac (4,959 SF)
Zoning code
IP
APN
678-17-056
UPID
US10-3236956
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
-
Rodney K. Park, DDS Dental Office
-
Lorna L Okada DDS Dental Office
-
Park Dental Dental Office
-
Apex Benefits Insurance Agency Insurance Agency
-
Julia Truong Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
First Republic Bank · 3 yrs held
First Republic Bank
since 2023
7 recorded transactions
Zoning & alternative use
IP · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$715,000
+21.8%
Warehouse, storage
$685,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$590,000
Current use
RETAIL STORES
$715,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$685,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$383 / 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
$10,695
Tax year 2024
Assessed value
$766,735
Assessed 2024
Previous assessed
$766,735
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$260,100
Assessed improvement
$506,635
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 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
2006
Heating
NONE
Total area
1,500 SF
Lot
0.11 ac (4,959 SF)
Zoning code
IP
APN
678-17-056
UPID
US10-3236956
Jurisdiction
SANTA CLARA
Zoning & alternative use
IP · San Jose, CA
Zoning IP · permitted uses
IP · 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
$590,000
RETAIL STORES
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$685,000
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
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
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
19077 SAVANNAH CT, MORGAN HILL, CA 95037-9041
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
Feb 22, 2023
—
First Republic Bank
By Rkplh LLC
Assignment Of Lease (leasehold Sale)
—
Jun 9, 2022
—
Rkplh LLC
L Higa Family Limited Partnership
Grant Deed
—
Mar 23, 2022
$1,474,000
L Higa Family Limited Partnership
Yuan Feng LLC
Grant Deed
—
Mar 2, 2018
$1,750,000
Yuan Feng LLC
6070 Hellyer LLC
Grant Deed
—
Jul 21, 2009
$914,000
6070 Hellyer LLC
Comerica Bank
Grant Deed
$456,500 · Bank Of The West
Mar 16, 2009
$25,365
Comerica Bk
Preferred Default Mgmt INC
Trustees Deed
related
—
Apr 25, 2007
—
Truong T Nguyen
Hellyer Commons LLC
Grant Deed
$884,000 · Comerica Bank
—
—
6070 Hellyer LLC
—
Deed Of Trust
related
$780,000 · Heritage Bank Of Commerce
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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