New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Retail space
940 Willow St San Jose, CA 95125-2395
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1787748
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Total area
5,245 SF
Lot
0.55 ac (24,050 SF)
Zoning code
CN
APN
429-03-072
UPID
US09-1787748
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
-
BWS Beer Wine & Spirit (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Fit Body Shop Gym & Fitness Center
-
El Buen Gusto del Taco Restaurant
-
Dr. P’s Fitness Gym & Fitness Center
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
940 Willow LLC · 3 yrs held
940 Willow LLC
since 2023
7 recorded transactions
Zoning & alternative use
CN · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+19.9%
Warehouse, storage
$2.4M
+15.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,360,000
6.5%
$2,180,000
7%
$2,025,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,085,000
Current use
OFFICE BUILDING
$2,495,000
Change: +20% · Conversion: Easy
WAREHOUSE, STORAGE
$2,400,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,920,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10%
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
$316 / 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
$36,304
Tax year 2024
Assessed value
$2,907,000
Assessed 2024
Previous assessed
$2,907,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,853,501
Assessed improvement
$53,499
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1973
Heating
NONE
Stories
2
Units
2
Total area
5,245 SF
Lot
0.55 ac (24,050 SF)
Zoning code
CN
APN
429-03-072
UPID
US09-1787748
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · San Jose, CA
Zoning CN · permitted uses
CN · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1973
Heating
NONE
Stories
2
Units
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
940 Willow LLC
Entity
Mailing address
17024 LASSEN ST, NORTHRIDGE, CA 91325-1941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
—
940 Willow LLC
Sage Investments LP
Grant Deed
—
Dec 7, 2022
$1,930,238
Sage Investments LP
Gennaros LLC
Trustees Deed
related
—
Aug 20, 2020
—
Gennaros LLC
—
Deed
related
$1,549,000 · Sage Investments LP
Mar 29, 2019
—
Gennaros LLC
—
Grant Deed
related
$1,200,000 · Fjm Private Mortgage Fund LLC
May 24, 2016
—
Gennaros LLC
—
Deed
related
$1,200,000 · Avidbank
Oct 21, 2014
—
Gennaros LLC
Cheval 11 LLC
Grant Deed
—
Aug 14, 2014
$2,150,000
Gennaros LLC
Cheval 11 LLC
Grant Deed
—
Dec 18, 2013
$1,925,000
Cheval II LLC
M E Shaheen-willow Street LLC
Grant Deed
—
Dec 18, 2013
$1,050,000
Mark A Shaheen
Shaheen-willow Street LLC
Grant Deed
—
Dec 18, 2013
—
Kamel P Shaheen
Shaheen,deborah
Quit Claim Deed
related
—
Dec 3, 2013
$733,500
Shaheen-willow Street LLC
Shaheen Family Trust
Grant Deed
—
Jun 18, 2008
—
Me Shaheen-willow Street LLC
Shaheen,william N
Quit Claim Deed
—
Mar 14, 2006
—
William N Shaheen
Shaheen Trust
Quit Claim Deed
related
—
May 31, 2005
—
William N Shaheen
Shaheen Trust
Quit Claim Deed
related
—
Dec 5, 2000
—
Shaheen Trust
Shaheen Trust
Quit Claim Deed
related
—
May 30, 2000
—
Shaheen Trust
Shaheen,mahfouz & Jasmine
Quit Claim Deed
related
—
Jan 31, 1997
—
Shaheen Trust
Shaheen Trust
Quit Claim Deed
related
—
Jun 30, 1994
$480,000
Mahfouz Shaheen
Pacific Western
Grant Deed
—
Jul 16, 1993
—
Pacific Western Bank
First American T
Trustees Deed
related
—
—
—
Gennaros LLC
—
Deed Of Trust
related
$1,200,000 · Avidbank
—
—
Gennaros LLC
—
Deed Of Trust
related
$1,549,000 · Sage Investments LP
—
—
Constanti Kaldis
—
Deed Of Trust
related
$100,000 · Pacific Western National Bank
—
—
Constanti Kaldis
—
Deed Of Trust
related
$215,000 · Pacific Western 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.
Try Rey
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