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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Outlet malls
681 Lenfest Rd San Jose, CA 95133-1616
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-1483517
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1969
Total area
37,337 SF
Lot
1.88 ac (81,805 SF)
Zoning code
LI
APN
254-02-074
UPID
US09-1483517
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
-
San Jose Towing Service Auto Repair Shop
-
Golden China trading Warehouse & Storage
-
Courtesy Tow Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.18M
Owner & transaction history
Yiwen Chen · 2 yrs held
Yiwen Chen
since 2024
Last sale
$3.2M
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
Method
Estimation
Statistic approach
$3,175,000
ML approach
$3,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.18M (Jul 1 2024)
Last sale anchor
$3.18M
Jul 1 2024
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
$85 / 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
$40,157
Tax year 2024
Assessed value
$3,155,814
Assessed 2024
Previous assessed
$3,155,814
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,150,252
Assessed improvement
$5,562
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
37,337 SF
Lot
1.88 ac (81,805 SF)
Zoning code
LI
APN
254-02-074
UPID
US09-1483517
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
1969
Heating
NONE
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Yiwen Chen
Individual
Free & Clear · 2 yrs held
Mailing address
14190 DOUGLASS LN, SARATOGA, CA 95070-5536
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Yiwen Chen
Yiwen Chen
Intrafamily Transfer
related
—
May 21, 2004
$3,175,000
Yiwen Chen
Campodonico Brothers Ptshp
Grant Deed
$1,594,500 · Wachovia Commercial Mortgage
Apr 9, 2004
—
Campodonico Brothers Ptshp
Campodonico,albert H
Quit Claim Deed
related
—
Apr 1, 2004
—
James J Mccarthy
Mccarthy,helen M Est
Quit Claim Deed
related
—
Feb 14, 2003
—
F Campodonico
Campodonico,tr
Quit Claim Deed
related
—
Aug 22, 2001
—
Campodonico Trust
Campodonico,eleanor M
Quit Claim Deed
related
—
Jul 17, 1997
—
James J Mccarthy
Mccarthy Trust
Quit Claim Deed
related
—
Aug 21, 1995
—
San Jose City
Coors Distributing Co Of San J
Quit Claim Deed
related
—
Dec 31, 1992
$301,500
Coors Distributing Co San Jose
Campodonico Trus
Quit Claim Deed
related
—
Oct 15, 1992
—
Mccarthy Trust
Mccarthy,j.
Quit Claim Deed
related
—
—
—
Chen,yi W & Co C
—
Deed Of Trust
related
$1,299,000 · Mortgage Capital Dev Corp
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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