Building Details

Building Size 528 SF

Year Built 1999

Listing Agency: Montalvo Realty

Listed By: Ismar Maslic · License #01313976 Show Phone

Source: Jen-marley

Added: Jan 27 Changed: Oct 18 Last Checked: Oct 21 at 5:02AM

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Investment Insights

Based on property information with market context.

14598 Big Basin Way #B is a retail condominium space of approximately 500 square feet, offered as part of a rare two-unit offering. Unit B must be sold together with neighboring Unit A, and each unit has a separate APN. The current tenant operates a custom homes design studio and is scheduled to vacate soon, providing a clean transition for the next user or owner. The unit includes a welcoming fenced patio directly out front.

The property is located along Big Basin Way in Saratoga’s village district, designed for storefront-style access and visibility to pedestrians and passersby. The patio at the entrance is positioned to support an active streetscape presence.

For buyers or tenants seeking a compact retail footprint with an exterior patio feature, Unit B offers a straightforward, storefront-oriented setup. It may also appeal to investors evaluating the two-unit structure, since Unit B is packaged for sale with Unit A while maintaining separate APNs for each condo unit.

Key Highlights

• Approximately 500 SF retail condominium, built in 1999
• Offered as Unit B in a two‑unit package; must be sold together with neighboring Unit A
• Each unit has a separate APN

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,506

Cap Rate

2.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$270,120 $270.1K

Cap Rate 7%

$192,943 $192.9K

Cap Rate 9%

$150,067 $150.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 500 SF

Gross rent

$20.2K $40.44/SF

− Vacancy

−$926 −$1.85/SF

EGI

$19.3K $38.59/SF

− OpEx

−$5.8K −$11.58/SF

NOI

$13.5K $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%

$270,120

Cap Rate 7%

$192,943

Cap Rate 9%

$150,067

Alternative Uses

Best Use

Retail

$192.9K

$168.8K – $225.1K (±1% cap)

NOI $13,506 @ 7.0% cap · market cap 2.82%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$301.9K

$264.1K – $352.2K (±1% cap)

NOI $21,130 @ 7.0% cap · market cap 4.41%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Pacific Kitchen & Bath Furniture & Home Goods

Suggested Use

Top Pick Auto Repair Shop Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Carpet & Flooring Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

695

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Standalone retail condo offered as part of a two-unit package, with a fenced patio at the entrance.

Where is this storefront property located?

The property is located at 14598 Big Basin WAY B Saratoga, CA.

What is the asking price?

The asking price for this property is $479,000.

What are key features of this property?

This property features: Approximately 500 SF retail condominium, built in 1999; Offered as Unit B in a two‑unit package; must be sold together with neighboring Unit A; Each unit has a separate APN