New search
Property profile & analytics
OFF-MARKET
Estimated value
$32,380,000
Retail space
635 Capitol Expy San Jose, CA 95136-4069
Trust Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3849486
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
TILT-UP CONCRETE
Total area
147,317 SF
Lot
8.39 ac (365,381 SF)
Zoning code
APD
APN
462-49-008
UPID
US09-3849486
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
-
Burger King Restaurant
-
The Home Depot Parking Lot Parking Lot & Garage
-
KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
The Home Depot Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$32.38M
Owner & transaction history
Fiore 1988 Living Trust · 12 yrs held
Fiore 1988 Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
APD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$220 / 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
$493,242
Tax year 2024
Assessed value
$37,894,438
Assessed 2024
Previous assessed
$37,894,438
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$10,624,089
Assessed improvement
$27,270,349
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
147,317 SF
Lot
8.39 ac (365,381 SF)
Zoning code
APD
APN
462-49-008
UPID
US09-3849486
Jurisdiction
SANTA CLARA
Zoning & alternative use
APD · San Jose, CA
Zoning APD · permitted uses
APD · 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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.39 ac
Current owner
From public records · entity-resolved
Fiore 1988 Living Trust
Trust
Mailing address
238 TOWNSEND ST, SAN FRANCISCO, CA 94107-1720
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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 16, 2022
—
Janice M Fiore
—
Deed
related
$4,000,000 · First Republic Bank
Mar 29, 2018
—
Fiore Living Trust 1988
—
Deed
related
$5,000,000 · Bank Of The West
Mar 27, 2014
$15,575,000
Fiore 1988 Living Trust
Hdsj LLC
Grant Deed
—
Nov 2, 2012
$12,000,000
Hdsj LLC
Cole Hd San Jose Ca LP
Grant Deed
—
Jan 11, 2010
—
Cole San Jose Ca LP Hd
—
Deed Of Trust
related
$100,000,000 · J P Morgan Chase Bank
Apr 17, 2009
$8,027,000
San Jose Ca Cole Hd
Home Depot USA INC
Grant Deed
—
Oct 17, 2008
$11,959,500
Home Depot USA INC
Credit Suisse Leasing 92a
Grant Deed
—
—
—
Fiore Living Trust 1988
—
Deed Of Trust
related
$5,000,000 · Bank Of The West
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 635 Capitol Expy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
