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Leased Retail and Residential Investment
For Sale
$3,950,000

801-809 Lincoln Ave, San Jose, CA 95126

Fully leased mixed-use property near downtown Willow Glen and San Jose.

Property Size7,825 SF
Price / SF$504.79
Days on Market320

Property Features for 801-809 Lincoln Ave

General Information

Standard status Active
Size 7,825 SF
Property subtype Retail

Building Details

Building Size 7,825 SF
Listed By: Joshua Gispan · License #CalDRE #00974978
Source: Tricommercial
Added: Nov 21, 2025 Changed: Oct 7 Last Checked: Oct 7 at 10:30AM

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 Joshua Gispan

Investment Insights

Based on property information with market context.

This mixed-use property features a retail building of approximately 7,825 square feet, fully leased to three tenants. Additionally, there are two fully leased residential units, one with 1,100 square feet and the other with 1,200 square feet. The property is located on the fringe of downtown Willow Glen and near downtown San Jose. Situated on Lincoln Avenue, it serves as a gateway to the Willow Glen neighborhood and is close to restaurants, retail amenities, and offices. The property offers convenient access to state highways 280 and 87 and presents a potential redevelopment opportunity.

Key Highlights

  • Fully Leased Retail/Residential Investment Property
  • Located on the fringe of downtown “Willow Glen” and near downtown San Jose
  • Easy access to state highways 280 and 87

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$211,365
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,227,300 $4.2M
Cap Rate 7%
$3,019,500 $3.0M
Cap Rate 9%
$2,348,500 $2.3M
Market Conditions
NOI Build-Up for 7,825 SF
Gross rent
$316.4K $40.44/SF
− Vacancy
−$14.5K −$1.85/SF
EGI
$301.9K $38.59/SF
− OpEx
−$90.6K −$11.58/SF
NOI
$211.4K $27.01/SF
Area
San Jose, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,227,300
Cap Rate 7%
$3,019,500
Cap Rate 9%
$2,348,500

Alternative Uses

Best Use
Retail
$3.02M
$2.64M – $3.52M (±1% cap)
NOI $211,365 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$2.33M
$2.03M – $2.71M (±1% cap)
NOI $162,759 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$4.73M
$4.14M – $5.51M (±1% cap)
NOI $330,803 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,620
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Chevron Shops & Services
11,767 visits/mo 0.4 miles
76 Shops & Services
9,129 visits/mo 0.4 miles
Rotten Robbie Shops & Services
7,121 visits/mo 0.4 miles
Cycle Gear Shops & Services
5,858 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
3,584 visits/mo 0.4 miles

Demographics for 95126, CA

37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Jose, CA

4.4% 2019
5.2% 2020
5.2% 2021
5.2% 2022
5.4% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased mixed-use property near downtown Willow Glen and San Jose.
Where is this mixed-use property located?
The property is located at 801-809 Lincoln Ave San Jose, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Fully Leased Retail/Residential Investment Property; Located on the fringe of downtown “Willow Glen” and near downtown San Jose; Easy access to state highways 280 and 87
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