Warehouse with Office
For Sale
$1,349,000
1777 Smith Avenue, San Jose, CA 95112
CommercialSale, SanJose, CA
Property Size4,191 SF
Lot Size0.18 Acres
Price / SF$321.88
Days on Market160
Property Features for 1777 Smith Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HI
Parking
10
Subdivision
SouthSanJose
Standard status
Active
APN
477-26-064
Size
4,191 SF
Lot size
0.18 Acres
Additional Details
Property Use
Warehouse
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1959
Flooring type
Concrete
Roof type
Rolled Hot Mop
Listing Agency:
David Lyng Real Estate
(831) 429-5700
Listed By:
Daniel Alvarez · License #01237892
(831) 818-4181
Added: May 26
Changed: Oct 24
Last Checked: Nov 1 at 11:06AM
MLS# ML82048524
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This HI-zoned warehouse in San Jose contains 4,191 square feet on a 0.18-acre parcel. The building includes three offices, two bathrooms, a mezzanine, and a 12-foot roll-up door. Concrete flooring, forced-air natural gas heating, a rolled hot-mop roof, and public water service are also in place. Built in 1959, the property has off-street parking.
The property is located near downtown San Jose, San Jose State University, the airport, and Silicon Valley, with freeway access nearby. The owner is in the process of vacating the building.
The property is located near downtown San Jose, San Jose State University, the airport, and Silicon Valley, with freeway access nearby. The owner is in the process of vacating the building.
Key Highlights
- 4,191‑square‑foot warehouse on a 0.18‑acre parcel
- HI zoning
- 12‑foot roll‑up door, three offices, two bathrooms, and a mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,942
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,840
$1.7M
Cap Rate 7%
$1,213,457
$1.2M
Cap Rate 9%
$943,800
$943.8K
Market Conditions
NOI Build-Up for 4,191 SF
Gross rent
$108.1K $25.80/SF
− Vacancy
−$8.2K −$1.96/SF
EGI
$99.9K $23.84/SF
− OpEx
−$15.0K −$3.58/SF
NOI
$84.9K $20.27/SF
Area
San Jose, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,698,840
Cap Rate 7%
$1,213,457
Cap Rate 9%
$943,800
Alternative Uses
Best Use
Warehouse
$1.21M
$1.06M – $1.42M
NOI $84,942 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Concrete flooring, three offices, two bathrooms, and a mezzanine support a range of warehouse operations.
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: 4,191‑square‑foot warehouse on a 0.18‑acre parcel; HI zoning; 12‑foot roll‑up door, three offices, two bathrooms, and a mezzanine
