Two-Story Office
1144 Cadillac Court, Milpitas, CA 95035
For Sale
Contact for pricing
Corner office condominium with private rooms, conference space, and designated parking.
Property Size1,780 SF
Price / SF$449.44
Days on Market98
Property Features for 1144 Cadillac Court
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Investment Type
Site & Location
Neighborhood
Highway Access
Building Details
Year Built
Stories
Units
Listing Agency:
AiCRE Partners
Listed By:
Yuan Chang · License CA #01352021
(408) 417-0099
Source:
Crexi
Added: Aug 4
Changed: Oct 26
Last Checked: Nov 8 at 7:54AM
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 AiCRE Partners
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Investment Insights
Based on property information with market context.
This office condominium occupies a two-story layout with five private rooms and a dedicated conference room. Constructed in 2007, the unit is positioned at a corner and includes three designated parking spaces, along with access to additional common-area parking. The property may accommodate professional services, medical or dental practices, and high-tech operations, as identified in the listing information.
Access is provided from Cadillac Court near California Circle, with convenient connections to Interstate 880 and Highway 237. The Milpitas location places the office within the broader Silicon Valley business community while supporting straightforward access for employees and visitors.
Access is provided from Cadillac Court near California Circle, with convenient connections to Interstate 880 and Highway 237. The Milpitas location places the office within the broader Silicon Valley business community while supporting straightforward access for employees and visitors.
Key Highlights
- Two‑story office condominium with five private rooms
- Built in 2007
- Three designated parking spaces plus common‑area parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,619
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,252,380
$1.3M
Cap Rate 7%
$894,557
$894.6K
Cap Rate 9%
$695,767
$695.8K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$99.8K $56.04/SF
− Vacancy
−$16.3K −$9.13/SF
EGI
$83.5K $46.91/SF
− OpEx
−$20.9K −$11.73/SF
NOI
$62.6K $35.18/SF
Area
Santa Clara County, 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%
$1,252,380
Cap Rate 7%
$894,557
Cap Rate 9%
$695,767
Alternative Uses
Best Use
Office B
$894.6K
$782.7K – $1.04M
NOI $62,619 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$940.3K – $1.25M
NOI $75,223 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
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Business Placement
Demographics for 95035, CA
80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Santa Clara County, CA
Properties on Market for Office Units in Santa Clara County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Corner office condominium with private rooms, conference space, and designated parking.
Where is this office unit located?
The property is located at 1144 Cadillac Court Milpitas, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑story office condominium with five private rooms; Built in 2007; Three designated parking spaces plus common‑area parking
