Ringwood Business Center in San
For Sale
$1,199,000
1141 Ringwood Court #110, San Jose, CA 95131
Business center in the International Business Park area of San Jose.
Property Size1,575 SF
Price / SF$761.27
Days on Market417
Property Features for 1141 Ringwood Court #110
General Information
Standard status
Active
Size
1,575 SF
Property subtype
Commercial
Amenities
Central air
Attached Garage
Common Garage
Central Air Cooling
Central Forced Air Heating
Concrete Flooring
Building Details
Year Built
2004
Listing Agency:
COMPASS
(925) 291-0899
Listed By:
HATIM M. ELMASHNI · License #01484398
(650) 670-2887
Source:
Corcoran
Added: Aug 17, 2025
Changed: Aug 8
Last Checked: Jul 9 at 1:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
Investment Insights
Based on property information with market context.
The Ringwood Business Center, constructed in 2004, is located in the International Business Park area of North San Jose. The property has immediate access to Highways 680 and 880 and is minutes from the Milpitas BART station. The location is near the heart of Silicon Valley. The property includes office space and a warehouse divided into two functional areas. One warehouse area is equipped with a roll-up door, and the other is configured as office space with a restroom and shower. Both areas include mezzanine levels for additional storage. The property size is 1575 square feet. It offers a turnkey opportunity for owner-users or investors.
Key Highlights
- Prime location in the International Business Park of North San Jose, placing it in the heart of Silicon Valley.
- Immediate access to Highways 680 and 880.
- Minutes from the Milpitas BART station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,407
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,140
$1.1M
Cap Rate 7%
$791,529
$791.5K
Cap Rate 9%
$615,633
$615.6K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$88.3K $56.04/SF
− Vacancy
−$14.4K −$9.13/SF
EGI
$73.9K $46.91/SF
− OpEx
−$18.5K −$11.73/SF
NOI
$55.4K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,140
Cap Rate 7%
$791,529
Cap Rate 9%
$615,633
Alternative Uses
Best Use
Office B
$791.5K
$692.6K – $923.5K
NOI $55,407 @ 7.0% cap · market cap 4.62%
Second Best
Warehouse
$456.0K
$399.0K – $532.0K
NOI $31,922 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$951.2K
$832.3K – $1.11M
NOI $66,583 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Explore this area
Business Placement
Demographics for 95131, CA
30,975
Population
10,270
Households
3
Avg Household Size
38
Median Age
57%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,341
Density / Sq Mi
$170,128
Median Household Income
$77,369
Median Earnings
$3,182
Median Rent
$1,134,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Office units - Business center in the International Business Park area of San Jose.
Where is this office units located?
The property is located at 1141 Ringwood Court #110 San Jose, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location in the International Business Park of North San Jose, placing it in the heart of Silicon Valley.; Immediate access to Highways 680 and 880.; Minutes from the Milpitas BART station.
