Milpitas Flex Space
1561 Buckeye Ct Milpitas, CA
1561 Buckeye Ct, Milpitas, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Flex space featuring R&D, lab, manufacturing, and office areas.
Property Size44,815 SF
Lot Size3.08 Acres
Price / SF$450
Days on Market235
Property Features for 1561 Buckeye Ct
General Information
- Standard status
- Active
- Size
- 44,815 SF
- Lot size
- 3.08 Acres
- Property subtype
- FLEX_R_AND_D
Listing Agency
Cushman & Wakefield | San Jose
(408) 615-3419
Listed by
Steve Pace
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 17 at 2:47 am
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 Cushman & Wakefield | San Jose
Investment Insights
Based on property information with market context.
This flex space property in Milpitas, California, offers a versatile environment suitable for a range of operations, including research and development, laboratory work, manufacturing, and general office use. The layout is divided equally between office and R&D/Lab/Mfg areas. The building features both dock and grade-level loading capabilities. Electrical capacity is substantial, with 2,000 amps at 120/480V (3 Phase). The property includes wet and electronic lab spaces, along with plug-and-play office areas. The building provides a clear height of 16 feet 8 inches. Monument signage is available. The total property size is 44,815 square feet.
Key Highlights
- Wet & Electronic Lab available
- Plug & Play Office space
- Dock & Grade Level Loading access
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.51M | $56.04 |
| − Vacancy | −$409.4k | −$9.13 |
| EGI | $2.10M | $46.91 |
| − OpEx | −$525.5k | −$11.73 |
| NOI | $1.58M | $35.18 |
44,815 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$22.52M
$19.71M – $26.28M
NOI $1,576,552 @ 7.0% cap · market cap 7.82%
Second Best
Industrial
$10.69M
$9.35M – $12.47M
NOI $748,009 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$27.06M
$23.67M – $31.56M
NOI $1,893,885 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex space featuring R&D, lab, manufacturing, and office areas.
Where is this flex space located?
The property is located at 1561 Buckeye Ct Milpitas, CA.
What is the asking price?
The asking price for this property is $20,166,750.
What are key features of this property?
This property features: Wet & Electronic Lab available; Plug & Play Office space; Dock & Grade Level Loading access
