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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Gas stations
623 Winchester Blvd San Jose, CA 95128-2539
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0976893
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1964
Total area
1,060 SF
Lot
0.28 ac (12,300 SF)
Zoning code
CN
APN
299-44-032
UPID
US09-0976893
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
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$4.10M
Owner & transaction history
Brilliant Asscher LLC · 5 yrs held
Brilliant Asscher LLC
since 2021
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
CN · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+11.7%
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
$3,570,000
ML approach
$3,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$2,705,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,020,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±10% · vs last sale $4.29M (Feb 12 2021)
Last sale anchor
$4.29M
Feb 12 2021
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
$3,868 / 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
$48,559
Tax year 2024
Assessed value
$3,937,081
Assessed 2024
Previous assessed
$3,937,081
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,724,840
Assessed improvement
$212,241
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1964
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,060 SF
Lot
0.28 ac (12,300 SF)
Zoning code
CN
APN
299-44-032
UPID
US09-0976893
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · San Jose, CA
Zoning CN · permitted uses
CN · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
SERVICE STATION (FULL SERVICE) 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
1964
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Brilliant Asscher LLC
Entity
Mailing address
623 S WINCHESTER BLVD, SAN JOSE, CA 95128-2539
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$4,289,000
Brilliant Asscher LLC
Modiv San Jose LLC
Grant Deed
—
Dec 3, 2020
—
Modiv Chevron San Jose LLC
Katana Merger Sub LP
Quit Claim Deed
related
—
Mar 2, 2020
—
Modiv Chevron San Jose LLC
—
Deed
related
$2,000,000 · Wirta Family Trust (pt)
May 29, 2015
$2,775,000
Nexregen R & E Investment Trust
Green Gas INC
Grant Deed
—
May 28, 2015
$150,000
Green Gas INC
Green Petroleum LLC
Grant Deed
—
Nov 26, 2014
$1,900,000
Green Petroleum LLC
Isher Corp
Grant Deed
$1,600,000 · First Credit Bank
Feb 28, 2013
$1,200,000
Isher Corp
Hansrai,gurpal S & Mohinder K
Grant Deed
$1,200,000 · Open Bank
Oct 30, 2001
$1,700,000
Gurpal S Hansrai
Saberi Trust
Grant Deed
$1,250,000 · Saberi Trust
Sep 24, 2001
—
Saberi Trust
Saberi,andy
Quit Claim Deed
related
—
—
—
Gurpal S Hansrai
—
Deed Of Trust
related
$100,000 · Nara Bank
—
—
Gurpal S Hansrai
—
Deed Of Trust
related
$1,283,000 · Nara Bank
—
—
Modiv Chevron San Jose LLC
—
Deed Of Trust
related
$2,000,000 · Wirta Family Trust (pt)
—
—
Gurpal S Hansrai
—
Deed Of Trust
related
$1,260,000 · Wilshire State Bank
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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