Warehouse-Office Flex Corner
For Sale
Contact for pricing
188 Stauffer Blvd, San Jose, CA 95125
Sprinklered warehouse with skylights and heat, plus two grade-level doors and 34 parking spaces.
Property Size15,184 SF
Lot Size0.97 Acres
Price / SF$365
Days on Market252
Property Features for 188 Stauffer Blvd
General Information
Standard status
Active
Size
15,184 SF
Total Parking Spaces
34
Lot size
0.97 Acres
Property subtype
INDUSTRIAL
Zoning
HI
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Sprinkler System
Yes
Listing Agency:
EB Mason CRE
(408) 472-9498
Listed By:
Brian Mason · License #01229363
(408) 913-6928
Source:
Moodyscre
Added: Jan 7
Changed: Sep 16
Last Checked: Sep 15 at 10:40AM
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 EB Mason CRE
Investment Insights
Based on property information with market context.
This warehouse-office flex property offers a combination of office space and warehouse functionality, including sprinklers, skylights, and heat. The building includes two grade-level doors and 34 parking spaces, including two handicap-accessible spaces, with additional street parking. Electrical service is rated at 1,000 amps (120/208 volts, 3 phase, 4 wire) with a 250A sub breaker and sub panel.
The site is located at the corner of Stauffer Boulevard and Kyle Park Court, with convenient access to Highway 87, Almaden Expressway, Highway 280, Monterey Road, The Plant, and Downtown San Jose.
The property is offered for sale and includes approximately 15,184 square feet of building area on about 0.97 acres. Current zoning is HI.
The site is located at the corner of Stauffer Boulevard and Kyle Park Court, with convenient access to Highway 87, Almaden Expressway, Highway 280, Monterey Road, The Plant, and Downtown San Jose.
The property is offered for sale and includes approximately 15,184 square feet of building area on about 0.97 acres. Current zoning is HI.
Key Highlights
- ±15,184 SF building on ±0.97 acres at the corner of Stauffer Boulevard and Kyle Park Court
- Warehouse includes sprinklers, skylights, and heat, plus two grade‑level doors
- Parking for 34 vehicles plus 2 HC spaces, along with street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$307,012
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,140,240
$6.1M
Cap Rate 7%
$4,385,886
$4.4M
Cap Rate 9%
$3,411,244
$3.4M
Market Conditions
NOI Build-Up for 15,184 SF
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.
Gross rent
$391.7K $25.80/SF
− Vacancy
−$30.6K −$2.01/SF
EGI
$361.2K $23.79/SF
− OpEx
−$54.2K −$3.57/SF
NOI
$307.0K $20.22/SF
Area
ZIP 95125
Vacancy
7.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,140,240
Cap Rate 7%
$4,385,886
Cap Rate 9%
$3,411,244
Alternative Uses
Best Use
Warehouse
$4.39M
$3.84M – $5.12M
NOI $307,012 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$3.61M
$3.16M – $4.21M
NOI $252,834 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$9.17M
$8.02M – $10.70M
NOI $641,906 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,518
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95125, CA
54,000
Population
22,151
Households
2.4
Avg Household Size
41
Median Age
56%
College-Educated
91%
High-School Grad
7.3 sq mi
ZIP Area
7,397
Density / Sq Mi
$148,422
Median Household Income
$77,440
Median Earnings
$2,394
Median Rent
$1,646,000
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?
Flex space - Sprinklered warehouse with skylights and heat, plus two grade-level doors and 34 parking spaces.
Where is this flex space located?
The property is located at 188 Stauffer Blvd San Jose, CA.
What is the asking price?
The asking price for this property is $5,542,160.
What are key features of this property?
This property features: ±15,184 SF building on ±0.97 acres at the corner of Stauffer Boulevard and Kyle Park Court; Warehouse includes sprinklers, skylights, and heat, plus two grade‑level doors; Parking for 34 vehicles plus 2 HC spaces, along with street parking
