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    Office Building with Highway Access Title is generated by Realmo AI

    1879 Lundy Avenue, San Jose, CA 95131

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    For Sale
    $499,000

    A quiet office setting suited to small and mid-sized businesses with convenient highway access and nearby commercial services.

    Type:Commercial/Industrial
    Property size:
    1,027 SF
    Price / SF:
    $485/SF
    Added:
    Mar 11, 2026
    Days on Market:
    121
    Last Refresh:
    Jul 1 at 1:57 am

    Property Features for 1879 Lundy Avenue

    General Information

    Standard status
    Active
    Size
    1,027 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2006

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    William Chen

    Listing office Green Valley Realty USA

    Listing date Mar 11, 2026

    Source Exitrealty

    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 Green Valley Realty USA

    HighLights

    • Office building built in 2006
    • Quiet office setting
    • Convenient highway access
    • Surrounded by small and mid‑sized businesses
    • Close to commercial amenities including Costco, post office, restaurants, and supermarkets
    • Not far from the airport

    Overview

    This office building offers a quiet environment and a setup that fits the needs of small and medium-sized companies. It is presented as a collection of office units and office spaces, designed for day-to-day professional use.

    The property is located in an established area with many small and medium-sized companies nearby. It also sits close to a broader commercial concentration that includes Costco, the post office, restaurants, and supermarkets. Highway access is described as convenient, and the airport is not far away.

    For buyers seeking an office property in a service-oriented commercial pocket, this asset supports a range of professional uses that benefit from straightforward access to regional transportation. The surrounding mix of offices and everyday retail services can be helpful for tenant operations and client access, while the quiet setting supports a more focused work environment.

    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 $57.6k $56.04
    − Vacancy −$9.4k −$9.13
    EGI $48.2k $46.91
    − OpEx −$12.0k −$11.73
    NOI $36.1k $35.18
    1,027 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $516.1K
    $451.6K – $602.2K (±1% cap)
    NOI $36,129 @ 7.0% cap · market cap 7.24%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $620.2K
    $542.7K – $723.6K (±1% cap)
    NOI $43,417 @ 7.0% cap · market cap 8.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    SunMan Engineering, Inc. Aerospace Company Dr. Chien-Kai Yen Alternative Medicine Practice ISU Insurance Services ... Insurance Agency Law Offices of Nan ... Immigration & Naturalization Service eSMART Simple Payroll Security Service

    Suggested Use

    Auto Repair Shop Auto Parts Store Hair Salon Hotel & Motel Law Firm Spa & Massage Center Pharmacy Building Supply Parking Lot & Garage Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8914743
    Latitude
    37.3925209

    FAQs

    What type of property is this?
    Office units - A quiet office setting suited to small and mid-sized businesses with convenient highway access and nearby commercial services.
    Where is this office units located?
    The property is located at 1879 Lundy Avenue San Jose, CA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Office building built in 2006; Quiet office setting; Convenient highway access
    More about this property
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