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    987 University Ave Los Gatos, CA 95032

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    For Lease
    $47 SF/Yr ($8,291 /Mo)

    Professional office space in a premier West Valley location.

    Property size:
    2,099 SF
    Lot size:
    1.84 Acres

    Property Features for 987 University Ave

    General Information

    Size
    2,099 SF
    Lot size
    1.84 Acres

    Source: Cushman & Wakefield | San Jose Agent Clark Steele

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Gatos Office Space Available

    This 2,099-square-foot office space is located in a professional office park in a premier West Valley location. Medical, lab, and biotech uses are possible. The property offers expansion opportunities and features an on-site deli and showers. Upgraded landscaping and prominent project signage enhance the property's appeal. Parking is available at a ratio of 4.2 per 1,000 square feet. The location provides convenient access to the Los Gatos Creek Trail and is adjacent to the Bay Club. Highways 9, 17, and 85 are easily accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bay Area Produce Produce Wholesaler Azure Communications Inc Professional Services Kristin L. Christensen, ... Physical Therapy Clinic Covered California Certified ... Health Insurance Agency Sandwich Maker Vietnamese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Gatos
    County
    Santa Cruz
    State
    California
    Longitude
    -121.9669088
    Latitude
    37.2523191

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    FAQs

    What type of property is this?
    Office space - Professional office space in a premier West Valley location.
    Where is this office space located?
    The property is located at 987 University Ave Los Gatos, CA.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: - Premier West Valley Location; - Easy access to Highways 9, 17 & 85; - Medical, Lab & Biotech Possible
    (408) 615-3400
    Request Owner's contact information
    987 University Ave Los Gatos, CA 95032
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    Los Gatos, CA 95032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    987 University Ave Los Gatos, CA 95032
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