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Retail Space with On-Site Parking
For Sale
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1271 Story Rd, San Jose, CA 95122

Gross lease space offers divisible configurations and a ready bathroom.

Property Size5,040 SF
Price / SF$0.64
Days on Market275

Property Features for 1271 Story Rd

General Information

Standard status Active
Size 5,040 SF
Total Parking Spaces 14
Property subtype Comm Ind For Lease

Site & Location

Neighborhood Ferrari
Highway Access Yes

Building Details

Year Built 2006
Listing Agency: JPN Realty
Listed By: Javier Padilla
Source: Jpnrealty
Added: Jan 27 Changed: Oct 28 Last Checked: Oct 28 at 4:31PM

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 JPN Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Retail space at 1271 Story Rd comprises 5,040 square feet, with configurations available in 1,000, 2,000, or 3,000 square feet. The space includes a bathroom, and the building was constructed in 2006. A gross lease structure is offered.

The property has 14 parking spaces and is near Vietnam Town, with access to the 101 and 280 freeways.

Key Highlights

  • Available in 1,000, 2,000, or 3,000‑square‑foot configurations
  • 5,040‑square‑foot retail property built in 2006
  • 14 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$136,138
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,722,760 $2.7M
Cap Rate 7%
$1,944,829 $1.9M
Cap Rate 9%
$1,512,644 $1.5M
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$203.8K $40.44/SF
− Vacancy
−$9.3K −$1.85/SF
EGI
$194.5K $38.59/SF
− OpEx
−$58.3K −$11.58/SF
NOI
$136.1K $27.01/SF
Area
ZIP 95122
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,722,760
Cap Rate 7%
$1,944,829
Cap Rate 9%
$1,512,644

Alternative Uses

Best Use
Retail
$1.94M
$1.70M – $2.27M (±1% cap)
NOI $136,138 @ 7.0% cap · market cap 4,188.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M (±1% cap)
NOI $212,991 @ 7.0% cap · market cap 6,553.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cya Insurance Agency ... Insurance Agency II343HHY Visa Consultant Ching Yen Acupuncture Medical Clinic CYA Insurance/Registraciones de ... Insurance Agency LEGAL DOCUMENT AND SIGNING ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Building Supply Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,273
Businesses Nearby
302k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 71% Dining 15% Shops & Services 14%
Walmart Superstores
214,564 visits/mo 0.5 miles
Taco Bell Dining
20,765 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,271 visits/mo 0.3 miles
7-Eleven Shops & Services
11,310 visits/mo 0.1 miles
Burger King Dining
10,049 visits/mo 0.1 miles

Demographics for 95122, CA

54,056
Population
12,560
Households
4.3
Avg Household Size
36
Median Age
18%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
11,262
Density / Sq Mi
$103,406
Median Household Income
$41,704
Median Earnings
$2,424
Median Rent
$838,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Jose, CA

4.4% 2019
5.2% 2020
5.2% 2021
5.2% 2022
5.4% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Gross lease space offers divisible configurations and a ready bathroom.
Where is this retail space located?
The property is located at 1271 Story Rd San Jose, CA.
What are key features of this property?
This property features: Available in 1,000, 2,000, or 3,000‑square‑foot configurations; 5,040‑square‑foot retail property built in 2006; 14 parking spaces
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