Milpitas Industrial Property for
For Sale
$20,166,750
1561 Buckeye Dr, Milpitas, CA 95035
44,815 SF industrial property in Milpitas, California.
Property Size44,815 SF
Price / SF$450
Days on Market141
Property Features for 1561 Buckeye Dr
General Information
Standard status
Active
Size
44,815 SF
Property subtype
10/6/2026
Building Details
Building Size
44,815 SF
Year Built
2026
Properties For Sale
at 1561 Buckeye Dr
Available Space
Size
44,815 SF
Lease Type
For Sale Only
Listing Agency:
Cushman & Wakefield | San Jose
Listed By:
Steve Pace
(408) 615-3419
Source:
Cushmanwakefield
Added: May 21
Changed: Oct 7
Last Checked: Oct 7 at 8:55AM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$748,009
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,960,180
$15.0M
Cap Rate 7%
$10,685,843
$10.7M
Cap Rate 9%
$8,311,211
$8.3M
Market Conditions
NOI Build-Up for 44,815 SF
Gross rent
$1.16M $25.80/SF
− Vacancy
−$87.6K −$1.96/SF
EGI
$1.07M $23.84/SF
− OpEx
−$320.6K −$7.15/SF
NOI
$748.0K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,960,180
Cap Rate 7%
$10,685,843
Cap Rate 9%
$8,311,211
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
Explore this area
Business Placement
Demographics for 95035, CA
80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
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
