Food Processing Plant with 7
1266 E Julian St San Jose, CA 95116
1266 E Julian St, San Jose, CA, 95116
$5,950,000
For Sale
$5,950,000
Food processing facility on seven contiguous parcels, featuring two FDA-registered buildings and a previously USDA-approved operation.
Property Size14,742 SF
Lot Size0.82 Acres
Price / SF$403.61
Days on Market90
Property Features for 1266 E Julian St
General Information
- Standard status
- Active
- Size
- 14,742 SF
- Lot size
- 0.82 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
Corcoran Icon Properties
(408) 857-0043
Listed by
Gary Nobile · License #01068890
(408) 857-0043
Source
Elliman
Added: Apr 24 Updated: Jul 20 at 8:51PM Checked: Jul 21 at 5:02AM
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.
The property comprises seven contiguous parcels totaling 35,763 square feet (0.82 acres) and includes a food processing plant with two buildings totaling 14,742 square feet. The facility is described as an FDA and food processing registered facility, and it was previously USDA approved.
Located at 1266 E. Julian Street in San Jose, California, the site is within an Opportunity Zone and the Five Wounds Urban Village. A proposed BART (train) station site is described as being one block away.
This offering combines multiple contiguous parcels with existing food processing improvements, presenting a straightforward platform for redevelopment or adaptive reuse aligned with the site’s Opportunity Zone status.
Located at 1266 E. Julian Street in San Jose, California, the site is within an Opportunity Zone and the Five Wounds Urban Village. A proposed BART (train) station site is described as being one block away.
This offering combines multiple contiguous parcels with existing food processing improvements, presenting a straightforward platform for redevelopment or adaptive reuse aligned with the site’s Opportunity Zone status.
Key Highlights
- Food processing facility on seven contiguous parcels totaling 35,763 SF (0.82 acres)
- Two buildings totaling 14,742 SF, both FDA‑registered for food processing
- Previously USDA‑approved food processing operation
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 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.90M
$7.79M – $10.39M
NOI $623,220 @ 7.0% cap · market cap 10.47%
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 - Food processing facility on seven contiguous parcels, featuring two FDA-registered buildings and a previously USDA-approved operation.
Where is this manufacturing property located?
The property is located at 1266 E Julian St San Jose, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Food processing facility on seven contiguous parcels totaling 35,763 SF (0.82 acres); Two buildings totaling 14,742 SF, both FDA‑registered for food processing; Previously USDA‑approved food processing operation
