Warehouse with Mezzanine and
1777 Smith Avenue San Jose, CA 95112
1777 Smith Avenue, San Jose, CA, 95112
$1,349,000
For Sale
$1,349,000
Functional warehouse with two roll-up doors, mezzanine space, offices, and off-street parking in a convenient South Bay location.
Property Size4,191 SF
Price / SF$321.88
Days on Market52
Property Features for 1777 Smith Avenue
General Information
- Standard status
- Active
- Size
- 4,191 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing Agency
DAVID LYNG REAL ESTATE
(831) 476-0100
Listed by
DANIEL ALVAREZ · License #01237892
Source
Corcoran
Added: May 28 Checked: Jul 17 at 6:05 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 DAVID LYNG REAL ESTATE
Investment Insights
Based on property information with market context.
This offering includes a warehouse configuration with over 4,000 square feet of warehouse space supported by two roll-up doors. Interior improvements include three offices, two bathrooms, and a mezzanine level, providing additional flexibility for storage or operational support. The owner is currently in the process of vacating, making the space more straightforward for a buyer or investor looking to take over quickly. Off-street parking is available, and the property has previously been used as a distributorship for Wurlitzers.
The location is positioned close to major access points, including the freeway, San Jose State University, downtown San Jose, and the airport, placing it within reach of the broader Silicon Valley business market. That combination of connectivity and central access can be attractive for users that need a practical logistics and work location.
With its roll-up door access, office build-out, and mezzanine, the property may fit a range of light industrial, warehousing, or distribution-oriented operators. It also offers possibilities for specialized uses such as paint or garage storage, depending on the buyer’s intended operation. For buyers seeking a functional, adaptable space with parking and room to support day-to-day work, this is a compelling option.
The location is positioned close to major access points, including the freeway, San Jose State University, downtown San Jose, and the airport, placing it within reach of the broader Silicon Valley business market. That combination of connectivity and central access can be attractive for users that need a practical logistics and work location.
With its roll-up door access, office build-out, and mezzanine, the property may fit a range of light industrial, warehousing, or distribution-oriented operators. It also offers possibilities for specialized uses such as paint or garage storage, depending on the buyer’s intended operation. For buyers seeking a functional, adaptable space with parking and room to support day-to-day work, this is a compelling option.
Key Highlights
- Approximately 4,000+ SF warehouse space with 2 roll‑up doors
- Mezzanine space plus 3 offices and 2 bathrooms
- Year built: 1959
Local Financial Insights For Warehouse
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 | $108.1k | $25.80 |
| − Vacancy | −$8.2k | −$1.96 |
| EGI | $99.9k | $23.84 |
| − OpEx | −$15.0k | −$3.58 |
| NOI | $84.9k | $20.27 |
4,191 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,436 @ 7.0% cap · market cap 10.93%
Second Best
Warehouse
$1.21M
$1.06M – $1.42M
NOI $84,942 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,175 @ 7.0% cap · market cap 13.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bryon Timely Towing ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 475 Tully Rd, San Jose, CA 95111
- Off-Site Records Management, LLC — 1959 Monterey Rd, San Jose, CA 95112
- Little Orchard Self Storage — 1833 Little Orchard St, San Jose, CA 95125
- Public Storage — 150 Tully Rd, San Jose, CA 95111
- Near2Me Self Storage Units — 1833 Little Orchard St, San Jose, CA 95125
FAQs
What type of property is this?
Warehouse - Functional warehouse with two roll-up doors, mezzanine space, offices, and off-street parking in a convenient South Bay location.
Where is this warehouse located?
The property is located at 1777 Smith Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Approximately 4,000+ SF warehouse space with 2 roll‑up doors; Mezzanine space plus 3 offices and 2 bathrooms; Year built: 1959
