San Jose Flex/R&D Property

San Jose, CA 95138, San Jose, CA 95138

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For Sale

$21,000,000

Single-story flex/R&D/manufacturing property in south San Jose.

Type:Industrial

Property size:

78,160 SF

Price / SF:

$268/SF

HighLights

Rare single story flex/r&d/advanced manufacturing property
Immediate access to Highway 101
2,500 Amps @ 480 Volts (Upgradable to 4,000 Amps)
100% HVAC
Dock & grade level loading
High‑end office interiors with 10’ ceilings

We can help!

Contact an agent

Martin A. Morici

Learn more

For Sale

$21,000,000

Single-story flex/R&D/manufacturing property in south San Jose.

Type:Industrial

Property size:

78,160 SF

Price / SF:

$268/SF

Added:: Nov 25, 2025
Days on Market:: 219
Last Refresh:: May 8 at 9:58 pm

Property Features

General Information

Standard status: Active
Size: 78,160 SF
Property subtype: Industrial

We can help!

Contact an agent

Martin A. Morici

Listing office TRI Commercial | Walnut Creek

Listing date Nov 25, 2025

Source Corfac

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 TRI Commercial | Walnut Creek

HighLights

Rare single story flex/r&d/advanced manufacturing property
Immediate access to Highway 101
2,500 Amps @ 480 Volts (Upgradable to 4,000 Amps)
100% HVAC
Dock & grade level loading
High‑end office interiors with 10’ ceilings

Overview

Located in south San Jose on Monterey Road, this single-story flex/R&D/advanced manufacturing property provides immediate access to Highway 101 and proximity to restaurants and retail amenities. Constructed in 2000, the building features a clear height of 24 feet and is fully equipped with HVAC. Electrical capacity includes 2,500 amps at 480 volts, upgradable to 4,000 amps. The property includes high-end office interiors with 10-foot ceilings, dock and grade-level loading, and a locker room with showers. There are 311 surface parking spaces. Fire sprinklers are installed. The zoning is Industrial Park (IP).

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$2.50M	$32.04
− Vacancy	−$265.5k	−$3.40
EGI	$2.24M	$28.64
− OpEx	−$783.6k	−$10.03
NOI	$1.46M	$18.62

78,160 SF · lease $32.04/SF/yr · vacancy 10.60% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$20.79M

$18.19M – $24.25M (±1% cap)

NOI $1,455,218 @ 7.0% cap · market cap 6.93%

Second Best

Industrial

$18.64M

$16.31M – $21.74M (±1% cap)

NOI $1,304,573 @ 7.0% cap · market cap 6.21%

Theoretical Best

Office A

$47.20M

$41.30M – $55.07M (±1% cap)

NOI $3,304,225 @ 7.0% cap · market cap 15.73%

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

Location Intelligence

Current Use by Public Records

Flex space

Similar Places Nearby

Moveable — 566 S Almaden Ave, San Jose, CA 95110
Greg Casella Presents — 12 S 1st St #229, San Jose, CA 95113
Robee's Falafel — 87 N San Pedro St, San Jose, CA 95110
Breakthrough Sushi — 99 S Almaden Blvd #600, San Jose, CA 95113
California Wet Burrito — 336 E William St, San Jose, CA 95112

Map

City: San Jose
County: Santa Clara
State: California
Longitude: -121.79
Latitude: 37.2609

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What type of property is this?

Flex space - Single-story flex/R&D/manufacturing property in south San Jose.

Where is this flex space located?

The property is located at San Jose, CA.

What is the asking price?

The asking price for this property is $21,000,000.

What are key features of this property?

This property features: Rare single story flex/r&d/advanced manufacturing property; Immediate access to Highway 101; **2,500 Amps @ 480 Volts (Upgradable to 4,000 Amps)**

San Jose, CA 95138, San Jose, CA 95138

Single-story flex/R&D/manufacturing property in south San Jose.

Property Features

General Information

We can help!

HighLights

Overview

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Flex Retail/Warehouse Building

Four-Plex with Five-Stall Carport

Warehouse with Roll-Up Door and Offices

Well-Maintained Fourplex Opportunity

Industrial Condominium with Roll-Up Door

Second-Floor Office Condominium

Four-Unit Multifamily with Private Garages

Well-Maintained Duplex with Private Yards

Renovated Office Building with Rentals

Updated Duplex with Two Vacant Units

Well-Maintained Fourplex

Fourplex with Carport Parking

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