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Functional Owner/User Facility For Sale

1550 La Pradera Dr, Campbell, CA 95008

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For Sale

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Excellent owner/user facility with functional rear yard space.

Type:Office

Property size:

4,500 SF

Price / SF:

$694/SF

HighLights

Functional rear yard space.
Potential to convert into 2 contiguous spaces.
PO (Professional Office) zoning allows for diverse uses (office, daycare, community space, light retail).
High‑traffic location at Campbell Ave and San Tomas Aquino Road intersection.
Surrounded by major retailers (Grocery Outlet, Nob Hill Foods, REI, Crumbl Cookies).
Close proximity to schools (Moreland School District, Latimer School, Action Day Schools Middle school).

We can help!

Contact an agent

Bryan DiMesio

Learn more

For Sale

Contact for pricing

Excellent owner/user facility with functional rear yard space.

Type:Office

Property size:

4,500 SF

Price / SF:

$694/SF

Added:: Feb 22, 2026
Days on Market:: 125
Last Refresh:: Mar 17 at 1:16 pm

Property Features for 1550 La Pradera Dr

General Information

Standard status: Active
Size: 4,500 SF
Property subtype: Office

We can help!

Contact an agent

Bryan DiMesio

Listing office Marcus & Millichap - Palo Alto

Listing date Feb 22, 2026

Source Crexi

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

HighLights

Functional rear yard space.
Potential to convert into 2 contiguous spaces.
PO (Professional Office) zoning allows for diverse uses (office, daycare, community space, light retail).
High‑traffic location at Campbell Ave and San Tomas Aquino Road intersection.
Surrounded by major retailers (Grocery Outlet, Nob Hill Foods, REI, Crumbl Cookies).
Close proximity to schools (Moreland School District, Latimer School, Action Day Schools Middle school).

Overview

This 4,500 square foot building is an excellent owner/user facility featuring a functional rear yard space. The building is divided into 6 individual units with tenants on month-to-month leases; the walls could be reconfigured to create 2 contiguous spaces. The current zoning is PO (Professional Office), which allows for office/satellite office use, daycare/day school use, community space, and light retail. The property is located on a well-traveled intersection of Campbell Avenue and San Tomas Aquino Road, surrounded by major retailers such as Grocery Outlet, Nob Hill Foods, REI, and Crumbl Cookies. It is less than a mile from Moreland School District, Latimer School, and Action Day Schools Middle School. The PO zoning district permits administrative, professional, and research activities, and may provide customer service and instruction for personal or professional purposes.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$252.2k	$56.04
− Vacancy	−$41.1k	−$9.13
EGI	$211.1k	$46.91
− OpEx	−$52.8k	−$11.73
NOI	$158.3k	$35.18

4,500 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.26M

$1.98M – $2.64M (±1% cap)

NOI $158,306 @ 7.0% cap · market cap 5.07%

Second Best

Retail

$1.74M

$1.52M – $2.03M (±1% cap)

NOI $121,552 @ 7.0% cap · market cap 3.89%

Theoretical Best

Office A

$2.72M

$2.38M – $3.17M (±1% cap)

NOI $190,170 @ 7.0% cap · market cap 6.09%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Ocean of Compassion (Gyalwa ... Gym & Fitness Center

Suggested Use

Location Insight

Map
Local Demand

City: Campbell
County: Santa Clara
State: California
Longitude: -121.9775347
Latitude: 37.286996

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For sale
Office buildings
CA
Campbell
95008
1550 La Pradera Dr

What type of property is this?

Office building - Excellent owner/user facility with functional rear yard space.

Where is this office building located?

The property is located at 1550 La Pradera Dr Campbell, CA.

What is the asking price?

The asking price for this property is $3,125,000.

What are key features of this property?

This property features: Functional rear yard space.; Potential to convert into **2 contiguous spaces**.; **PO (Professional Office) zoning** allows for diverse uses (office, daycare, community space, light retail).