New Mixed-Use
For Sale
$7,200,000
14521 Big Basin Wy, Saratoga, CA 95070
Recently constructed commercial space positioned within Downtown Saratoga’s retail and dining environment.
Property Size7,694 SF
Days on Market150
Property Features for 14521 Big Basin Wy
General Information
Standard status
Active
Size
7,694 SF
Property subtype
Mixed-Use
Occupancy
95%
Amenities
Two Newly Built Mixed Use Properties in the Heart of Historic Saratoga
Mixed Use - Multifamily and Retail
Wealthy Demographics
Building Details
Building Size
7,694 SF
Units
1
Listing Agency:
Marcus & Millichap - Palo Alto
Listed By:
Yuri Sergunin · License #License(s): CA: 01908322
(650) 391-1764
Source:
Marcusmillichap
Added: May 20
Changed: Oct 11
Last Checked: Oct 16 at 5:37AM
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 Marcus & Millichap - Palo Alto
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Investment Insights
Based on property information with market context.
The mixed-use property at 14521 Big Basin Way in Saratoga, California, contains 7,694 square feet and was completed in 2023. Its recent construction provides a contemporary commercial asset within an established downtown setting.
The property is situated in Silicon Valley, with access to major technology hubs and prestigious schools. Downtown Saratoga includes boutique retail, restaurants, and cafes, while nearby parks and scenic surroundings contribute to a blend of commercial activity and small-town character.
The property is situated in Silicon Valley, with access to major technology hubs and prestigious schools. Downtown Saratoga includes boutique retail, restaurants, and cafes, while nearby parks and scenic surroundings contribute to a blend of commercial activity and small-town character.
Key Highlights
- 7,694‑square‑foot mixed‑use property
- Completed in 2023
- Located at 14521 Big Basin Way, Saratoga, CA 95070
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$207,826
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,156,520
$4.2M
Cap Rate 7%
$2,968,943
$3.0M
Cap Rate 9%
$2,309,178
$2.3M
Market Conditions
NOI Build-Up for 7,694 SF
Gross rent
$311.1K $40.44/SF
− Vacancy
−$14.3K −$1.85/SF
EGI
$296.9K $38.59/SF
− OpEx
−$89.1K −$11.58/SF
NOI
$207.8K $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%
$4,156,520
Cap Rate 7%
$2,968,943
Cap Rate 9%
$2,309,178
Alternative Uses
Best Use
Retail
$2.97M
$2.60M – $3.46M
NOI $207,826 @ 7.0% cap · market cap 2.89%
Second Best
Mixed Use
$1.90M
$1.66M – $2.21M
NOI $132,722 @ 7.0% cap · market cap 1.84%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M
NOI $325,149 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
76
Shops & Services
13,533 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,076 visits/mo
0.2 miles
Demographics for 95070, CA
32,419
Population
11,849
Households
2.7
Avg Household Size
49
Median Age
81%
College-Educated
97%
High-School Grad
28.3 sq mi
ZIP Area
1,146
Density / Sq Mi
$240,980
Median Household Income
$132,780
Median Earnings
$3,501
Median Rent
$2,000,001
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 West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Recently constructed commercial space positioned within Downtown Saratoga’s retail and dining environment.
Where is this mixed-use property located?
The property is located at 14521 Big Basin Wy Saratoga, CA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: 7,694‑square‑foot mixed‑use property; Completed in 2023; Located at 14521 Big Basin Way, Saratoga, CA 95070
