Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,030,000
Assisted living facilities
917 Thornton Way San Jose, CA 95128-3878
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-5010290
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2016
Total area
68,372 SF
Lot
0.89 ac (38,675 SF)
Zoning code
RM
APN
282-06-024
UPID
US09-5010290
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
-
Oakmont of San Jose Nursing Home Retirement Community
-
Double Tree Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.94M
Blend (final)
Blend
$10.03M
Owner & transaction history
Hsre Oakmont San Jose LLC · 5 yrs held
Hsre Oakmont San Jose LLC
since 2021
Last sale
$10.7M
7 recorded transactions
Zoning & alternative use
RM · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Apartment house (5+ units)
$12.9M
+159.9%
Office building
$9.6M
+93.0%
Retail stores
$6.8M
+35.9%
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
$8,870,000
ML approach
$8,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,915,000
Change: +160% · Conversion: Difficult
OFFICE BUILDING
$9,595,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$6,750,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,435,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$10.03M
Range $9.03M – $11.03M · ±10% · vs last sale $10.65M (May 6 2021)
Last sale anchor
$10.65M
May 6 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
$147 / 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
$495,615
Tax year 2024
Assessed value
$40,542,641
Assessed 2024
Previous assessed
$40,542,641
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,653,774
Assessed improvement
$33,888,867
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2016
Heating
NONE
Cooling
YES
Buildings
2
Stories
3
Units
66
Total area
68,372 SF
Lot
0.89 ac (38,675 SF)
Zoning code
RM
APN
282-06-024
UPID
US09-5010290
Jurisdiction
SANTA CLARA
Zoning & alternative use
RM · San Jose, CAZoning RM · permitted uses
RM · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.9M
OFFICE BUILDING
Est. value
$9.6M
RETAIL STORES
Est. value
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
2016
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Units
66
Lot
0.89 ac
Current owner
From public records · entity-resolved
Hsre Oakmont San Jose LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
$10,652,500
Hsre Oakmont San Jose LLC
Oakmont Of San Jose LLC
Grant Deed
—
Jan 31, 2017
—
Oakmont Of San Jose LLC
—
Deed
related
$27,500,000 · Greystone Svcg
Apr 24, 2015
—
Oakmont Of San Jose LLC
—
Trustees Deed
related
$22,000,000 · Private Individual
Apr 3, 2015
$4,655,000
Oakmont Of San Jose LLC
Devland Ventures LLC
Grant Deed
—
May 9, 2014
$1,950,000
Devland Ventures LLC
Curci,alicia C
Grant Deed
$525,000 · 168 Properties Ba LLC
Apr 23, 2014
—
Jding Goodwin Properties LLC
Curci-bider,julianne F
Quit Claim Deed
—
Dec 20, 2012
—
Spencer S Rubino
Rubino,joseph P
Quit Claim Deed
related
—
Dec 14, 2010
$296,000
Alicia C Curci
Warrick A D Trust
Grant Deed
—
Dec 14, 2010
—
Joseph P Rubino
Rubino,linda W
Quit Claim Deed
related
—
Dec 3, 2010
—
Julianne F Curci-bider
Curci-bider,julianne F
Quit Claim Deed
related
—
Dec 30, 2004
—
Alicia C Curci
Curci Anthony J & M Trust
Quit Claim Deed
related
—
Nov 25, 2002
—
Rubino,tr
Rubino,sarah L
Quit Claim Deed
related
—
Jun 10, 1996
—
Curci Trust
Curci,anthony J & Mary L
Quit Claim Deed
related
—
Nov 12, 1992
—
Sarah L Rubino Trust
Rubino,s.
Quit Claim Deed
related
—
—
—
Oakmont Of San Jose LLC
—
Deed Of Trust
related
$27,500,000 · Greystone Svcg
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 917 Thornton Way?
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.
