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Property profile & analytics
OFF-MARKET
Warehouses
645 Hamline St San Jose, CA 95110-1108
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1104228
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1953
Construction
WOOD
Total area
1,250 SF
Lot
0.09 ac (3,827 SF)
Zoning code
LI
APN
230-23-016
UPID
US09-1104228
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael W Hartley · 2 yrs held
Michael W Hartley
since 2024
Last sale
$87,500
7 recorded transactions
Zoning & alternative use
LI · 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
—
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
$3,514
Tax year 2024
Assessed value
$219,757
Assessed 2024
Previous assessed
$219,757
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$136,122
Assessed improvement
$83,635
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 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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
1,250 SF
Lot
0.09 ac (3,827 SF)
Zoning code
LI
APN
230-23-016
UPID
US09-1104228
Jurisdiction
SANTA CLARA
Zoning & alternative use
LI · San Jose, CA
Zoning LI · permitted uses
LI · 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
1953
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Michael W Hartley
Individual
Free & Clear · 2 yrs held
Mailing address
601 HAMLINE ST, SAN JOSE, CA 95110-1108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Mar 20, 2024
—
Michael W Hartley
Julie A Hartley
Intrafamily Transfer
related
—
Feb 28, 2024
—
Suzanne C Greene
Suzanne C Greene
Intrafamily Transfer
related
—
Dec 19, 2019
$87,500
Salco Properties LLC
Salamida J J JR & P R Trust
Grant Deed
—
Nov 22, 2019
—
Salco Properties LLC
Julie A Hartley
Quit Claim Deed
—
Feb 21, 2017
—
Julie A Hartley
Merhige Joann E
Quit Claim Deed
related
—
Feb 20, 2014
—
Salamida,john L & D A Trust
Salamida J L & D A Trust
Quit Claim Deed
related
—
Sep 25, 2000
—
Salamida Trust
Salamida,joseph J & Paulette R
Quit Claim Deed
related
—
Nov 4, 1993
—
John&diane,salamida Trust
Salamida,diane A
Quit Claim 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.
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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