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Property profile & analytics
OFF-MARKET
Estimated value
$10,350,000
Outlet malls
950 3rd St San Jose, CA 95112-5839
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0743160
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1968
Total area
62,260 SF
Lot
2.67 ac (116,305 SF)
Zoning code
M4
APN
472-15-021
UPID
US09-0743160
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
-
Evershing International Trading Inc Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.65M
Blend (final)
Blend
$10.35M
Owner & transaction history
Luckyshing LLC · 4 yrs held
Luckyshing LLC
since 2022
7 recorded transactions
Zoning & alternative use
M4 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.35M
Range $9.32M – $11.39M · ±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
$166 / 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
$93,287
Tax year 2024
Assessed value
$7,809,671
Assessed 2024
Previous assessed
$7,809,671
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,117,827
Assessed improvement
$3,691,844
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
1968
Heating
NONE
Stories
1
Units
1
Total area
62,260 SF
Lot
2.67 ac (116,305 SF)
Zoning code
M4
APN
472-15-021
UPID
US09-0743160
Jurisdiction
SANTA CLARA
Zoning & alternative use
M4 · San Jose, CA
Zoning M4 · permitted uses
M4 · 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
1968
Heating
NONE
Stories
1
Units
1
Lot
2.67 ac
Current owner
From public records · entity-resolved
Luckyshing LLC
Entity
Mailing address
950 S 3RD ST, SAN JOSE, CA 95112-5839
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Mar 11, 2022
—
Luckyshing LLC
Luckyshing LLC
Correction Deed
related
$4,500,000 · City National Bank
Feb 16, 2018
—
Luckyshing LLC
—
Deed
related
$4,654,000 · Wells Fargo Bk
Aug 31, 2017
—
Luckyshing LLC
—
Deed
related
$1,100,000 · Wells Fargo Bank NA
Dec 31, 2002
—
Luckyshing LLC
Kouretas Family LP
Grant Deed
$3,850,000 · Cathay Bank
Sep 27, 1991
$567,000
Kouretas Trust
Jones,l.&s.
Grant Deed
related
—
—
—
Luckyshing LLC
—
Deed Of Trust
related
$3,630,000 · Far East National Bank
—
—
Goldeens Economy
—
Deed Of Trust
related
$200,000 · Individual
—
—
Luckyshing LLC
—
Loan Modification
related
$4,654,000 · Wells Fargo Bk
—
—
Golde
—
Deed Of Trust
related
$300,000 · Individual
—
—
C. Goldeen
—
Deed Of Trust
related
$20,000 · Individual
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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