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San Jose Industrial Warehouse For Sale

1148 San Antonio Street San Jose, CA 95116

1148 San Antonio Street, San Jose, CA, 95116
$2,499,000
For Sale
Claim this Listing
$2,499,000

Industrial warehouse in San Jose, suitable for investors or owner-users.

Property Size9,751 SF
Price / SF$256.28
AddedJan 16
Days on Market181
Last RefreshJul 15 at 11:15 pm

Property Features for 1148 San Antonio Street

General Information

Standard status
Active
Size
9,751 SF
Property subtype
Commercial

Building Details

Year Built
1956

Listing office COMPASS

Listing date Jan 16, 2026

Source Corcoran

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.

This industrial warehouse is available for sale to investors or owner-users. The property features a 9,751 square foot building. According to county records, the building size is 7,210 square feet; however, this does not include the second floor. Renovations were completed in 2012, including a new roof and updated electrical systems. The primary tenant occupies over 80% of the building and has less than one year remaining on their lease, which allows owner-occupiers to earn income while planning or permitting use improvements. Two smaller tenants are currently on month-to-month leases.

Key Highlights

  • Opportunity for owner‑occupiers to acquire the property with potential income from existing tenants during planning/permitting.
  • Significant portion (80%+) of the building's lease is expiring within a year.
  • Building size of 9,751 sf (larger than county records indicate).

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $251.6k $25.80
− Vacancy −$19.1k −$1.96
EGI $232.5k $23.84
− OpEx −$34.9k −$3.58
NOI $197.6k $20.27
9,751 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.82M
$2.47M – $3.29M (±1% cap)
NOI $197,630 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$2.33M
$2.03M – $2.71M (±1% cap)
NOI $162,754 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$5.89M
$5.15M – $6.87M (±1% cap)
NOI $412,225 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

VMS Floors General Contractor Valley Event Décor Event Planning Paper Shredding & Disk ... Recycling Center valencia floors sj Carpet & Flooring Store New Generation Flooring Carpet & Flooring Store

Suggested Use

Real Estate Agency Law Firm HVAC Service Plumbing Service Parking Lot & Garage Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

What type of property is this?
Warehouse - Industrial warehouse in San Jose, suitable for investors or owner-users.
Where is this warehouse located?
The property is located at 1148 San Antonio Street San Jose, CA.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Opportunity for owner‑occupiers to acquire the property with potential income from existing tenants during planning/permitting.; Significant portion (80%+) of the building's lease is expiring within a year.; **Building size of 9,751 sf (larger than county records indicate).**
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