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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Day care centers
979 Meridian Ave San Jose, CA 95126-4039
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US09-2521658
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2018
Construction
WOOD
Total area
2,704 SF
Lot
0.37 ac (16,220 SF)
Zoning code
CP
APN
284-03-027
UPID
US09-2521658
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
-
San Jose Montessori School High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Andrew Tse · 1 yrs held
Andrew Tse
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CP · 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
$1,035,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.17M (Mar 25 2025)
Last sale anchor
$1.17M
Mar 25 2025
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
$423 / 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
$23,516
Tax year 2024
Assessed value
$1,808,275
Assessed 2024
Previous assessed
$1,808,275
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$950,516
Assessed improvement
$857,759
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
2,704 SF
Lot
0.37 ac (16,220 SF)
Zoning code
CP
APN
284-03-027
UPID
US09-2521658
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · San Jose, CA
Zoning CP · permitted uses
CP · 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
2018
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Andrew Tse
Individual
Mailing address
6351 WISTERIA WAY, SAN JOSE, CA 95129-3954
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
—
Andrew Tse
Andrew Tse
Deed
related
—
Feb 24, 2025
—
Andrew Tse
Katherine Tse
Deed
related
—
Feb 7, 2025
—
Andrew Cheeyang Sachio Tse
—
Deed
related
$1,000,000 · Katherine Clare Tse
Oct 21, 2015
$1,170,000
Andrew Tse
Green Valley Enterprises
Grant Deed
$960,000 · W J Bradley Mortgage Capital LLC
Mar 4, 2011
$470,000
Valley Ents Green
Backstrom W A Trust
Grant Deed
$400,000 · Backstrom William A Trust
Apr 21, 2010
—
Edward Backstrom
Backstrom,edward
Quit Claim Deed
related
—
Jan 19, 2010
—
William Backstrom
Curci John R
Grant Deed
—
Jan 4, 2010
—
Backstrom William A Trust
Backstrom,william
Quit Claim Deed
related
—
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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