175 Lewis Road #22 San Jose, CA 95111
Well-maintained commercial condo with office, warehouse space, and modern upgrades.
Property Features for 175 Lewis Road #22
General Information
- Standard status
- Active
- Size
- 2,605 SF
Building Details
- Year Built
- 1990
Listing office PACIFICWIDE REAL ESTATE & MORTGAGE
Listing date Jun 19, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of PACIFICWIDE REAL ESTATE & MORTGAGE
Investment Insights
Based on property information with market context.
Key Highlights
- 5.5% CAP Rate: A strong investment opportunity.
- Strategic Location: Quick access to Highways 87, 280, and 101.
- Versatile Unit: Features dedicated office space, warehouse area, and two restrooms.
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 | $146.0k | $56.04 |
| − Vacancy | −$23.8k | −$9.13 |
| EGI | $122.2k | $46.91 |
| − OpEx | −$30.5k | −$11.73 |
| NOI | $91.6k | $35.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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