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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    890 Newhall St San Jose, CA 95126-1069

    • Manufacturing properties
    • 11,676 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimations
    $2,480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0734750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Creative Cabinets & Design, Inc / General Contractor / Renovation Specialist
    • South Bay Interiors Inc / Interior Design / Home Decor Store

    Property Details for 890 Newhall St

    Year built
    1947
    Lot size
    0.74 lot acres
    Property size
    11,676 SF
    Zone code
    M1
    Property type
    Manufacturing properties
    APN
    230-22-002
    APU
    23022002

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,250,000
      6.5%
      $3,000,000
      7%
      $2,785,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,625,000
      Market price range: $405k - $2.14M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,450,000
      Current use
      RETAIL STORES
      $3,645,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.924
    Latitude
    37.3465
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,179
    $1,325,566
    $1,148,824
    $2,474,390
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $22,645,000
      130,830 SF

      1185 Campbell Ave

      FOUNDRY, INDUSTRIAL PLANT • 130,830 SF
      1185 Campbell Ave, San Jose, CA 95126-1068
      View Details
    • Value Estimation
      $1,445,000
      10,824 SF

      1176 Auzerais Ave

      MANUFACTURING (LIGHT) • 10,824 SF
      1176 Auzerais Ave, San Jose, CA 95126-3401
      View Details
    • Value Estimation
      $1,795,000
      9,120 SF

      699 San Carlos St

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 9,120 SF
      699 San Carlos St, San Jose, CA 95126-3529
      View Details
    • Value Estimation by Request
      0.52 Acres

      690 Chapman St

      INDUSTRIAL (GENERAL) • 0.52 Acres
      690 Chapman St, San Jose, CA 95126
      View Details
    • Value Estimation
      $4,630,000
      34,010 SF

      534 Stockton Ave

      INDUSTRIAL (GENERAL) • 34,010 SF
      534 Stockton Ave, San Jose, CA 95126-2430
      View Details
    • Value Estimation by Request
      2,520 SF

      1108 Park Ave

      INDUSTRIAL (GENERAL) • 2,520 SF
      1108 Park Ave, San Jose, CA 95126-2910
      View Details

    Similar Nearby for Sale

    • $3,000,000
      8,568 SF

      Freestanding Flex/Industrial/Retail San Jose Property

      Single-story flex/industrial/retail property in a transforming San Jose neighborhood.
      757 W San Carlos St, San Jose, CA 95126
      View Details
    • Contact for pricing
      5,500 SF

      San Jose Warehouse Space

      5,500 SF warehouse space in San Jose, California.
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    • $3,000,000
      8,568 SF

      Freestanding Flex/Industrial/Retail San Jose Property

      Single-story flex/industrial/retail property in a rapidly transforming San Jose neighborhood.
      San Jose, CA 95126
      View Details
    • $1,300,000
      2,032 SF

      San Jose Industrial Contractor Yard

      Prime San Jose location, ample storage
      374 Josefa St, San Jose, CA 95126
      View Details
    • $799,000

      Commercial Unit Near Santa Clara

      Commercial unit with offices, conference room, and convenient location.
      2021 The Alameda 275, San Jose, CA 95126
      View Details
    • Contact for pricing
      6,244 SF

      Mixed-Use Property Near Diridon Station

      Mixed-use property with retail, apartments, and a single-family home.
      32 Race St, San Jose, CA 95126
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      131,997 SF

      Santa Clara Industrial Spaces

      Versatile industrial suites, 200-5,000 sq ft.
      1185 Campbell Ave, San Jose, CA 95126
      View Details
    • Contact for pricing
      3,988 SF

      San Jose Flex Space Available

      Flex space featuring reception, offices, mezzanine, and warehouse area.
      376 Race St, San Jose, CA 95126
      View Details
    • Contact for pricing
      4,252 SF

      San Jose Warehouse with Fenced Parking

      Warehouse space available now with fenced parking and roll-up door.
      810 Park Ave, San Jose, CA 95126
      View Details
    • Contact for pricing
      2,176 SF

      San Jose Office Space Available

      Historical building with Class A office interiors and ample parking.
      1960 The Alameda, San Jose, CA 95126
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on The Alameda

      Retail unit available in high-identity San Jose location.
      1413-1415 The Alameda, San Jose, CA 95126
      View Details
    • Contact for pricing
      4,645 SF

      San Jose Office Building ForRent

      Two-story office building in central San Jose location.
      1401 Parkmoor Ave, San Jose, CA 95126
      View Details
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    890 Newhall St
    San Jose, CA 95126-1069
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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