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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Sports & entertainment properties
San Jose, CA 95112
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5106871
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2017
Total area
67,836 SF
Lot
4.29 ac (186,872 SF)
Zoning code
CG(PD
APN
235-01-031
UPID
US09-5106871
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Sutters Place INC · 1 yrs held
Sutters Place INC
since 2025
7 recorded transactions
Zoning & alternative use
CG(PD · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.1M
+86.4%
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
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,150,000
Current use
WAREHOUSE, STORAGE
$2,140,000
Change: +86% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$21 / 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
$499,903
Tax year 2024
Assessed value
$37,340,347
Assessed 2024
Previous assessed
$37,340,347
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$6,771,780
Assessed improvement
$30,568,567
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
67,836 SF
Lot
4.29 ac (186,872 SF)
Zoning code
CG(PD
APN
235-01-031
UPID
US09-5106871
Jurisdiction
SANTA CLARA
Zoning & alternative use
CG(PD · San Jose, CA
Zoning CG(PD · permitted uses
CG(PD · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
WAREHOUSE, STORAGE
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
2017
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
4.29 ac
Current owner
From public records · entity-resolved
Sutters Place INC
Entity
Mailing address
1590 BERRYESSA RD, SAN JOSE, CA 95133-1074
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
Jul 1, 2025
$71,715,000
Sutters Place INC
Sj Bayshore Development LLC
Grant Deed
$65,000,000 · Western Alliance Bank
Mar 29, 2018
—
S J Bayshore Development LLC
—
Deed
related
$52,500,000 · Western Alliance Bank
Jul 29, 2016
—
Sj Bayshore Development LLC
—
Deed
related
$52,500,000 · Western Alliance Bank
Nov 5, 2015
—
First Street Holdings LLC
—
Trustees Deed
related
$20,625,000 · Western Alliance Bk
Oct 26, 2015
—
First Street Holdings LLC
Flea Market INC
Grant Deed
related
—
Nov 9, 2012
$24,000,000
Nshe Ca Meyers LLC
Leeward Strategic Props INC
Grant Deed
—
Apr 15, 2010
$16,500,000
Leeward Strategic Properties I
Chicago Title Co
Trustees Deed
—
Oct 12, 2006
—
San Jose Airport Hotel LLC
Manco Partners LLC
Grant 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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