Food Processing Plant with Two
1266 E Julian Street San Jose, CA 95116
1266 E Julian Street, San Jose, CA, 95116
$5,499,000
For Sale
$5,499,000
Two-building FDA-registered food processing plant on seven contiguous parcels totaling 0.82 acres.
Property Size14,742 SF
Lot Size0.82 Acres
Price / SF$373.02
Days on Market179
Property Features for 1266 E Julian Street
General Information
- Standard status
- Active
- Size
- 14,742 SF
- Lot size
- 0.82 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1968
Listing agency
Corcoran Icon Properties
(408) 857-0043
Listed by
Gary Nobile · License #01068890
(408) 857-0043
Source
Exitrealty
Added: Jan 24 Updated: Jul 21 at 6:15PM Checked: Jul 21 at 6:15PM
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 Corcoran Icon Properties
Investment Insights
Based on property information with market context.
This property includes a food processing plant consisting of two buildings totaling 14,742 square feet. The facility is FDA and food processing registered, and it was previously USDA approved.
The site is made up of seven contiguous parcels totaling 35,763 square feet (0.82 acres). It is located within an Opportunity Zone and within the Five Wounds Urban Village of San Jose. Public remarks also note a proposed BART station site one block away.
The two-building food processing configuration supports continued food processing use while the combined contiguous parcel footprint may be of interest for redevelopment planning, subject to applicable approvals.
The site is made up of seven contiguous parcels totaling 35,763 square feet (0.82 acres). It is located within an Opportunity Zone and within the Five Wounds Urban Village of San Jose. Public remarks also note a proposed BART station site one block away.
The two-building food processing configuration supports continued food processing use while the combined contiguous parcel footprint may be of interest for redevelopment planning, subject to applicable approvals.
Key Highlights
- Two‑building food processing plant on seven contiguous parcels totaling 0.82 acres (35,763 SF).
- FDA‑registered and food processing registered facility with two buildings totaling 14,742 SF.
- Previously USDA approved food processing plant.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $380.3k | $25.80 |
| − Vacancy | −$28.8k | −$1.96 |
| EGI | $351.5k | $23.84 |
| − OpEx | −$105.5k | −$7.15 |
| NOI | $246.1k | $16.69 |
14,742 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.52M
$3.08M – $4.10M
NOI $246,059 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.90M
$7.79M – $10.39M
NOI $623,220 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Il Pastaio Foods
Food Processing Plant
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Two-building FDA-registered food processing plant on seven contiguous parcels totaling 0.82 acres.
Where is this manufacturing property located?
The property is located at 1266 E Julian Street San Jose, CA.
What is the asking price?
The asking price for this property is $5,499,000.
What are key features of this property?
This property features: Two‑building food processing plant on seven contiguous parcels totaling 0.82 acres (35,763 SF).; FDA‑registered and food processing registered facility with two buildings totaling 14,742 SF.; Previously USDA approved food processing plant.
