San Jose Office Unit For
For Sale
$675,000
1754 Technology Drive #238, San Jose, CA 95110
Office unit available in San Jose, approximately 1,394 square feet.
Property Size1,394 SF
Lot Size0.05 Acres
Price / SF$484.22
Days on Market237
Property Features for 1754 Technology Drive #238
General Information
Standard status
Active
Size
1,394 SF
Lot size
0.05 Acres
Property subtype
Commercial
Amenities
Patio
Carpet Flooring
Building Details
Year Built
1980
Listing Agency:
COLLIERS INTERNATIONAL
(415) 788-3100
Listed By:
NICOLE FLORES · License #01988919
(415) 293-6216
Source:
Corcoran
Added: Feb 19
Changed: Aug 9
Last Checked: Aug 9 at 8:06PM
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 COLLIERS INTERNATIONAL
Investment Insights
Based on property information with market context.
A commercial office unit is available for purchase. The property is located in San Jose, California. The unit provides approximately 1,394 square feet of space.
Key Highlights
- Office unit available in San Jose.
- Approximately 1,394 square feet.
- Year Built: 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,040
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,800
$980.8K
Cap Rate 7%
$700,571
$700.6K
Cap Rate 9%
$544,889
$544.9K
Market Conditions
NOI Build-Up for 1,394 SF
Gross rent
$78.1K $56.04/SF
− Vacancy
−$12.7K −$9.13/SF
EGI
$65.4K $46.91/SF
− OpEx
−$16.3K −$11.73/SF
NOI
$49.0K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,800
Cap Rate 7%
$700,571
Cap Rate 9%
$544,889
Alternative Uses
Best Use
Office B
$700.6K
$613.0K – $817.3K
NOI $49,040 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$841.9K
$736.7K – $982.2K
NOI $58,932 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 95110, CA
20,495
Population
7,568
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
4,455
Density / Sq Mi
$132,800
Median Household Income
$60,241
Median Earnings
$2,629
Median Rent
$947,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit available in San Jose, approximately 1,394 square feet.
Where is this office units located?
The property is located at 1754 Technology Drive #238 San Jose, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Office unit available in San Jose.; Approximately 1,394 square feet.; Year Built: 1980
