Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Class A R&D Campus Title is generated by Realmo AI

    411 E Plumeria Dr, San Jose, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    R&D campus featuring five two-story buildings for rent.

    Type:FLEX_R_AND_D
    Property size:
    47,431 SF
    Lot size:
    23.94 Acres
    Added:
    May 7, 2025
    Days on Market:
    395
    Last Refresh:
    May 19 at 10:44 pm

    Property Features for 411 E Plumeria Dr

    General Information

    Standard status
    Active
    Size
    47,431 SF
    Lot size
    23.94 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 411 E Plumeria Dr Contact us

    We can help!

    Listing Contact
    Joe Kelly
    Joe Kelly

    Listing agent Joe Kelly License #RE#01420963

    Listing office Newmark | San Jose

    Listing date May 7, 2025

    Source Moodyscre

    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 Newmark | San Jose

    HighLights

    • Up to 250,000 SF Contiguous Corporate Campus Available
    • Class A R&D Campus
    • Heavy Power Throughout the Campus
    • BREEAM Certified
    • High Identity Building and Monument Signage
    • Campus Amenities: iJava Café and Fitness Center

    Overview

    This Class A R&D campus features five two-story R&D buildings. Up to 250,000 square feet of contiguous corporate campus space is available across three adjacent buildings. The property is BREEAM certified and offers high identity building and monument signage. Parking is available at a ratio of 3.4 spaces per 1,000 square feet. Heavy power is available throughout the campus. Campus amenities include an iJava Café and a fitness center. New EV charging stations are also available. The property has a size of 47,431 square feet and is located in San Jose, CA.
    Property Profile Location Intelligence

    Current Use by Public Records

    NXP Semiconductors Factory

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Caitlyn's Sweets — 2880 zanker rd, san jose, ca 95134
    • The Party Helpers — 780 Montague Expy #707, San Jose, CA 95131
    • Customized Catering — 770 County Hwy G4, San Jose, CA 95131
    • Xenios Global — 55 River Oaks Pl, San Jose, CA 95134

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.926
    Latitude
    37.3974

    Nearby Similar for Lease

    • $3,250/Mo
      5,040 SF

      Retail Suite with Restroom Ready

      Flexible retail options with restroom readiness and 14 parking spaces, offered on a gross lease with easy terms.
      1271 Story Rd, San Jose, CA 95122
      View Details
    • $5,500/Mo

      Storefront Retail Suite

      Leased storefront at Silver Creek Paloma Plaza with front- and back-facade signage and on-site parking for customers and employees.
      3005 Silver Creek RD 194, SAN JOSE, CA 95121
      View Details
    • $1,800/Mo

      Industrial R&D Office Condo

      For lease, this condo suite offers three private offices, a lobby, and in-suite restroom and utility support.
      2050 Concourse 54, SAN JOSE, CA 95131
      View Details
    • $129-$9,795/Mo
      11-1,292 SF

      CA, San Jose - Spaces San Jose - Santana Row

      3031 Tisch Way, San Jose, CA 95128
      View Details
    • $129-$5,546/Mo
      11-1,292 SF

      CA, San Jose - S 1st St

      325 1St St, Unit 120, San Jose, CA 95113
      View Details
    • $129-$4,463/Mo
      11-1,292 SF

      Spaces 18 S 2nd Street

      18 2Nd St, San Jose, CA 95113
      View Details
    • $3 SF/Yr
      11,500 SF

      Move-in Ready Medical/Professional Suites

      Versatile suites near Regional Medical Center, ideal for medical practices.
      244 N Jackson Avenue, San Jose, CA 95116
      View Details
    • $129-$5,631/Mo
      11-1,292 SF

      Downtown San Jose

      99 Almaden Blvd, Unit 600, San Jose, CA 95113
      View Details
    • $129-$19,199/Mo
      11-1,535 SF

      San Jose Airport

      2033 Gateway Pl, San Jose, CA 95110
      View Details
    • Sponsored
      $129-$6,556/Mo
      11-1,292 SF

      CA, San Jose - North San Jose

      2880 San Jose Ave, San Jose, CA 95134
      View Details
    • $129-$7,056/Mo
      11-1,292 SF

      South San Jose

      6203 San Ignacio Ave, Unit 110, San Jose, CA 95119
      View Details
    • $3,850/Mo
      1,100 SF

      Two-Room Office Suite with Parking

      Well-located professional suite with two open rooms, kitchen and shower bath, plus tenant and street parking.
      361 South Monroe Street, San Jose, CA 95128
      View Details

    FAQs

    What type of property is this?
    Flex space - R&D campus featuring five two-story buildings for rent.
    Where is this flex space located?
    The property is located at 411 E Plumeria Dr San Jose, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Up to 250,000 SF Contiguous Corporate Campus Available; Class A R&D Campus; Heavy Power Throughout the Campus
    (408) 727-9600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Kelly
    Joe Kelly
    Real Estate License ID: RE#01420963
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    411 E Plumeria Dr, San Jose, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!