Listing Agency: CBRE | San Jose g***@cbre.com Show Phone

Listed By: Greg Poncetta · License #01218360

Source: Moodyscre

Added: Jul 30, 2024 Changed: Jul 6 Last Checked: Jul 21 at 7:01AM

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Investment Insights

Based on property information with market context.

This property is approximately one mile from Caltrain and near the Downtown Specific Plan, which was adopted in 2003 to increase the number of residential units with wider sidewalks and taller buildings. It offers excellent proximity to US-101 and El Camino Real, with access to numerous retail amenities, and is approximately 1.5 miles from downtown Sunnyvale. The property consists of two parcels, APN: 161-31-025 and 161-31-027. An existing office building is on the property with a rentable area of 25,379 square feet. The general plan designation is Industrial, and the zoning designation is MS - Industrial and Service.

Key Highlights

• Excellent proximity to US‑101 and El Camino Real
• Approximately One Mile from Caltrain
• Near Downtown Specific Plan aimed at increasing residential units

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

1,949

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Land near Caltrain with access to retail amenities.

Where is this land located?

The property is located at 1188 W Evelyn Ave Sunnyvale, CA.

What are key features of this property?

This property features: Excellent proximity to US‑101 and El Camino Real; Approximately One Mile from Caltrain; Near Downtown Specific Plan aimed at increasing residential units