Retail Space in Campbell,
For Sale
$2,100,000
1308 Parsons Ave, Campbell, CA 95008
Retail space available for sale in Campbell, California.
Property Size3,664 SF
Price / SF$573.14
Days on Market227
Property Features for 1308 Parsons Ave
General Information
Standard status
Active
Size
3,664 SF
Property subtype
Retail
Building Details
Building Size
3,664 SF
Year Built
1955
Buildings
1
Listing Agency:
Kidder Mathews - San Jose
Listed By:
Shaun Enferadi · License #1896565
(408) 588-2314
Source:
Kidder
Added: Mar 8
Changed: Aug 8
Last Checked: Mar 26 at 9:48AM
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 - San Jose
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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.
A retail space is available for sale. The property offers 3,664 square feet of space and is located in Campbell, California.
Key Highlights
- Retail space available for sale.
- Located in Campbell, California.
- Built in 1955.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,970
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,979,400
$2.0M
Cap Rate 7%
$1,413,857
$1.4M
Cap Rate 9%
$1,099,667
$1.1M
Market Conditions
NOI Build-Up for 3,664 SF
Gross rent
$148.2K $40.44/SF
− Vacancy
−$6.8K −$1.85/SF
EGI
$141.4K $38.59/SF
− OpEx
−$42.4K −$11.58/SF
NOI
$99.0K $27.01/SF
Area
Santa Clara County, CA
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%
$1,979,400
Cap Rate 7%
$1,413,857
Cap Rate 9%
$1,099,667
Alternative Uses
Best Use
Retail
$1.41M
$1.24M – $1.65M
NOI $98,970 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,841 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,608
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 32%
Hotels & Casinos 5%
Apparel 1%
Taco Bell
Dining
18,175 visits/mo
0.0 miles
Jack in the Box
Dining
16,731 visits/mo
0.2 miles
Starbucks
Dining
12,635 visits/mo
0.2 miles
Valero Energy
Shops & Services
12,358 visits/mo
0.2 miles
Wienerschnitzel
Dining
8,686 visits/mo
0.2 miles
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale in Campbell, California.
Where is this retail space located?
The property is located at 1308 Parsons Ave Campbell, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Retail space available for sale.; Located in Campbell, California.; Built in 1955.
