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Property profile & analytics
OFF-MARKET
Estimated value
$25,035,000
Retail space
690 Campbell Ave Campbell, CA 95008
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3121835
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
WOOD FRAME
Total area
50,505 SF
Lot
0.7 ac (30,499 SF)
Zoning code
P-D
APN
412-09-060
UPID
US10-3121835
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
$20.99M
Comparable Approach
Comparable
$25.20M
Blend (final)
Blend
$25.04M
Owner & transaction history
Lotus Hotels Campbell LLC · 4 yrs held
Lotus Hotels Campbell LLC
since 2021
Last sale
$28.2M
7 recorded transactions
Zoning & alternative use
P-D · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$28.9M
+27.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
$22,515,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,735,000
6.5%
$20,990,000
7%
$19,490,000
Alternative Use
Use
Estimation
RETAIL STORES
$22,680,000
Current use
OFFICE BUILDING
$28,910,000
Change: +27% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$20,720,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$20,290,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$25.04M
Range $22.53M – $27.54M · ±10% · vs last sale $28.24M (Nov 9 2021)
Last sale anchor
$28.24M
Nov 9 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
$496 / 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
$259,937
Tax year 2024
Assessed value
$20,328,687
Assessed 2024
Previous assessed
$20,328,687
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$6,525,163
Assessed improvement
$13,803,524
Applied tax rate
10.0000
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
2005
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
4
Units
95
Rooms
4
Bathrooms
1
Total area
50,505 SF
Lot
0.7 ac (30,499 SF)
Zoning code
P-D
APN
412-09-060
UPID
US10-3121835
Jurisdiction
SANTA CLARA
Zoning & alternative use
P-D · Campbell, CA
Zoning P-D · permitted uses
P-D · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$22.7M
OFFICE BUILDING
Est. value
$28.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.7M
INDUSTRIAL (GENERAL)
Est. value
$20.3M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2005
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
4
Units
95
Rooms
4
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Lotus Hotels Campbell LLC
Entity
Mailing address
3694 OAK CRK CT, WALNUT CREEK, CA 94598-5144
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$28,237,500
Lotus Hotels Campbell LLC
Campbell Suites Group LLC
Grant Deed
$18,700,000 · Bay Commercial Bank
Sep 14, 2004
—
Valley Hotel Partners
Davis John Trust
Trustees Deed
$1,200,000 · Davis John Trust
Sep 10, 2004
—
City Of Campbell
Davis John Trust
Grant Deed
related
—
Jul 6, 2000
—
Davis Trust
Lucas Trust
Grant Deed
related
—
Feb 10, 1999
—
Elizabeth Grim
Lucas,sophie
Quit Claim Deed
related
—
Aug 13, 1998
$10,000
Henry Cardona
Lucas,sophie
Quit Claim Deed
related
—
Aug 13, 1998
—
Sophie Lucas
Sophie Trust
Quit Claim Deed
related
—
Jul 20, 1992
$323,000
Elizabeth Grim
San Jose Nationa
Grant Deed
—
Dec 22, 1989
$440,000
Wyatt Indu Bowen
Grim,e./cardona,
Grant Deed
$308,000 · Sj National Bank
—
—
Lucas Trust
—
Deed Of Trust
related
$375,000 · Cupertino National 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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