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    451 South 1St St San Jose, CA 95113

    For Sale
    $4,200,000

    Retail/office building in downtown San Jose with excellent frontage.

    Property size:
    4,950 SF
    Lot size:
    0.34 Acres

    Property Features for 451 South 1St St

    General Information

    Size
    4,950 SF
    Lot size
    0.34 Acres

    Source: Colliers | Silicon Valley Agent Dave Sandlin, SIOR

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

    Overview

    Downtown San Jose Retail/Office Building

    Located in the SOMA area of Downtown San Jose, this property offers 4,950 square feet of space suitable for retail or office use. The building features frontage on First Street and Market Street, providing excellent signage opportunities. Its location is across from the convention center, with convenient access to Highways 87 and 280. The interiors are open, airy, and designed to foster a creative environment. The building has tall ceilings and a new storefront. It is air-conditioned and has undergone seismic upgrades. The surrounding area includes numerous restaurants and services.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8857149
    Latitude
    37.3290837

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    FAQs

    What type of property is this?
    Office building - Retail/office building in downtown San Jose with excellent frontage.
    Where is this office building located?
    The property is located at 451 South 1St St San Jose, CA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Prime location in the SOMA district of Downtown San Jose, near restaurants and services.; - Excellent accessibility with frontage on First and Market Streets and convenient highway access (87, 280).; - Versatile usage: suitable for any retail or office use.
    (408) 823-3988
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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
    451 South 1St St San Jose, CA 95113
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