Flex Warehouse with Grade-Level
For Sale
Contact for pricing
2455 Autumnvale Dr, San Jose, CA 95131
Mixed office and warehouse space with 14’7” clear height and a 10’ x 10’ grade-level door.
Property Size1,761 SF
Price / SF$454.29
Days on Market801
Property Features for 2455 Autumnvale Dr
General Information
Standard status
Active
Size
1,761 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
14.6 ft
Drive-In Doors
1
Listing Agency:
Kidder Mathews | Silicon Valley
(408) 970-9400
Listed By:
Dave Geissberger · License #1401887
(408) 588-2338
Source:
Moodyscre
Added: Jul 5, 2024
Changed: Sep 7
Last Checked: Sep 12 at 11:33AM
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 Kidder Mathews | Silicon Valley
Investment Insights
Based on property information with market context.
This flex warehouse includes 25% office space and 75% warehouse area. The warehouse offers 14’ 7” clear height, supporting a range of light industrial and warehousing needs. A single 10’ x 10’ grade-level door provides straightforward loading and unloading access.
The property is described as having great freeway access and being close to the Milpitas BART station, supporting convenient regional and public transportation connectivity.
As a compact flex configuration, the space is well-suited for users who want on-site office alongside practical warehouse functionality under one roof.
The property is described as having great freeway access and being close to the Milpitas BART station, supporting convenient regional and public transportation connectivity.
As a compact flex configuration, the space is well-suited for users who want on-site office alongside practical warehouse functionality under one roof.
Key Highlights
- Mixed office and warehouse space: 25% office and 75% warehouse
- 14' 7" clear height in the warehouse area
- Includes one 10' x 10' grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,950
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,239,000
$1.2M
Cap Rate 7%
$885,000
$885.0K
Cap Rate 9%
$688,333
$688.3K
Market Conditions
NOI Build-Up for 1,761 SF
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.
Gross rent
$98.7K $56.04/SF
− Vacancy
−$16.1K −$9.13/SF
EGI
$82.6K $46.91/SF
− OpEx
−$20.7K −$11.73/SF
NOI
$62.0K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,239,000
Cap Rate 7%
$885,000
Cap Rate 9%
$688,333
Alternative Uses
Best Use
Office B
$885.0K
$774.4K – $1.03M
NOI $61,950 @ 7.0% cap · market cap 7.74%
Second Best
Warehouse
$509.9K
$446.1K – $594.9K
NOI $35,691 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.06M
$930.6K – $1.24M
NOI $74,447 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95131, CA
30,975
Population
10,270
Households
3
Avg Household Size
38
Median Age
57%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,341
Density / Sq Mi
$170,128
Median Household Income
$77,369
Median Earnings
$3,182
Median Rent
$1,134,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Flex space - Mixed office and warehouse space with 14’7” clear height and a 10’ x 10’ grade-level door.
Where is this flex space located?
The property is located at 2455 Autumnvale Dr San Jose, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Mixed office and warehouse space: 25% office and 75% warehouse; 14' 7" clear height in the warehouse area; Includes one 10' x 10' grade‑level door
