Milpitas Industrial Property for
1561 Buckeye Dr Milpitas, CA 95035
1561 Buckeye Dr, Milpitas, CA, 95035
$20,166,750
For Sale
$20,166,750
44,815 SF industrial property in Milpitas, California.
Property Size44,815 SF
Price / SF$450
Days on Market58
Property Features for 1561 Buckeye Dr
General Information
- Standard status
- Active
- Size
- 44,815 SF
- Property subtype
- High Technology
Building Details
- Year Built
- 2026
Properties For Sale
at 1561 Buckeye Dr Contact us
Listing Agency
Cushman & Wakefield | San Jose
(408) 615-3419
Listed by
Steve Pace
(408) 615-3419
Source
Cushmanwakefield
Added: May 21 Checked: Jul 17 at 4:08 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 commercial real estate offering features a 44,815 square foot industrial property located in Milpitas, California.
Key Highlights
- 44,815 SF industrial property
- Located in Milpitas, California
- Built in 2026
Local Financial Insights For Industrial
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 | $1.16M | $25.80 |
| − Vacancy | −$87.6k | −$1.96 |
| EGI | $1.07M | $23.84 |
| − OpEx | −$320.6k | −$7.15 |
| NOI | $748.0k | $16.69 |
44,815 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Uses
Best Use
Industrial
$10.69M
$9.35M – $12.47M
NOI $748,009 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
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
VitroLabs Inc.
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 44,815 SF industrial property in Milpitas, California.
Where is this manufacturing property located?
The property is located at 1561 Buckeye Dr 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: 44,815 SF industrial property; Located in Milpitas, California; Built in 2026
