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Property profile & analytics
OFF-MARKET
Estimated value
$5,585,000
Strip malls
San Jose, CA 95123
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4124270
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
CONCRETE
Total area
50,009 SF
Lot
4.08 ac (177,750 SF)
Zoning code
A(PD)
APN
694-19-026
UPID
US09-4124270
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
$5.59M
Owner & transaction history
Lucky Del Nocat Investor LLC · 4 yrs held
Lucky Del Nocat Investor LLC
since 2022
7 recorded transactions
Zoning & alternative use
A(PD) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$112 / 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
$176,183
Tax year 2024
Assessed value
$14,218,596
Assessed 2024
Previous assessed
$14,218,596
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$9,238,752
Assessed improvement
$4,979,844
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
50,009 SF
Lot
4.08 ac (177,750 SF)
Zoning code
A(PD)
APN
694-19-026
UPID
US09-4124270
Jurisdiction
SANTA CLARA
Zoning & alternative use
A(PD) · San Jose, CA
Zoning A(PD) · permitted uses
A(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.
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
4.08 ac
Current owner
From public records · entity-resolved
Lucky Del Nocat Investor LLC
Entity
Free & Clear · 4 yrs held
Mailing address
529 ALMA ST, PALO ALTO, CA 94301-1602
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
—
Lucky Del Nocal Investor LLC
—
Deed
related
—
Jun 14, 2022
—
Lucky Del Nocat Investor LLC
Main Street Shopping Center LLC
Ground Lease
related
—
May 11, 2022
—
Nocal Investor LLC
—
Deed
related
—
Sep 27, 2012
—
Main Street Shopping Ctr LLC
Main Street Of Santa Teresa LP
Quit Claim Deed
—
Oct 4, 2006
—
Asp Nocal Investor LLC
American Stores Properties LLC
Grant Deed
$1,689,279,700 · Greenwich Cap Fin'l
May 31, 2002
—
Bariteau Trust
Santa Teresa LP
Grant Deed
related
—
Dec 29, 1997
—
Keenan/bariteau Partners LP
—
Deed Of Trust
related
$18,200,000 · Connecticut General Life Ins
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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