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    118 S Abel St Milpitas, CA 95035

    For Sale
    $120,000

    High-traffic retail space suitable for grocery or convenience store.

    Lot size:
    0.06 Acres

    Property Features for 118 S Abel St

    General Information

    Lot size
    0.06 Acres

    Source: New Bay Realty Agent Ponciano Alvarez

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

    Overview

    Milpitas Retail Space with License

    Located in central Milpitas, this retail space is suitable for operating a grocery or convenience store. It includes a beer and wine license. The property features a new Point of Sale (POS) system with two registers and a new security camera system with 12 cameras. There are two new walk-in coolers with 10 refrigerator doors and 5 freezer doors, plus one walk-in cooler with 4 doors.
    Location Intelligence

    Current Use by Public Records

    Sugandh India Imports Indian Grocery Store

    Suggested Use

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

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

    Similar Places Nearby

    Namaste Plaza, Grocery Outlet, 99 Ranch Market, Marina Grocery, Food Mart

    Location Insight

    • Map
    • Local Demand
    City
    Milpitas
    County
    Santa Clara
    State
    California
    Longitude
    -121.908838
    Latitude
    37.431506

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    FAQs

    What type of property is this?
    Grocery and convenience store - High-traffic retail space suitable for grocery or convenience store.
    Where is this grocery and convenience store located?
    The property is located at 118 S Abel St Milpitas, CA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - High-traffic location ideal for a grocery/convenience store.; - Includes a valuable Beer and Wine License.; - Equipped with **two new walk-in coolers (10 refrigerator doors, 5 freezer doors) and one walk-in cooler (4 doors).**
    (408) 923-6397
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    118 S Abel St Milpitas, CA 95035
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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
    118 S Abel St Milpitas, CA 95035
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