Medical Office Condo with Six Exam
New
For Sale
$799,000
200 Jose Figueres Ave 340, San Jose, CA 95116
A built-out clinical suite offers private offices and room-by-room phone and Wi-Fi service within a dedicated medical building.
Property Size1,695 SF
Price / SF$471.39
Days on Market2
Property Features for 200 Jose Figueres Ave 340
General Information
Standard status
Active
Size
1,695 SF
Property subtype
Commercial
Financials
Asking Price
$799,000
HOA Fee
$1,442
Site & Location
Neighborhood
Jose Figueres
Highway Access
Yes
Public Transit
Yes
Additional Details
Condition
Move-in Ready
Property Use
Medical Office
Amenities
on-site security
Building Details
Year Built
2007
Buildings
1
Stories
4
Parking Ratio
4 per 1,000 SF
Listing Agency:
Remax Santa Clara Valley
Listed By:
Harinder Garcha · License #02132413
(209) 202-6819
Source:
Elliman
Added: Oct 30
Last Checked: Oct 30 at 2:25PM
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 Remax Santa Clara Valley
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Investment Insights
Based on property information with market context.
This 1,695-square-foot medical office condo is configured with six exam rooms, each equipped with a sink and instant hot water. The suite also includes a private physician’s office with its own entrance, a second office with storage and East Foothills views, plus a reception and waiting area. Phone and Wi-Fi service extend to every room. The layout supports 3+ physicians.
The suite is in a four-story, all-medical building constructed in 2007 on the San Jose Regional Medical Center campus. Building covenants allow medical and related uses. On-site security is provided, with parking at a ratio of 4 spaces per 1,000 square feet. The property is minutes from Hwy 101 and 680.
The suite is in a four-story, all-medical building constructed in 2007 on the San Jose Regional Medical Center campus. Building covenants allow medical and related uses. On-site security is provided, with parking at a ratio of 4 spaces per 1,000 square feet. The property is minutes from Hwy 101 and 680.
Key Highlights
- 1,695‑square‑foot medical condo in a four‑story building completed in 2007
- Six exam rooms, each with a sink and instant hot water
- Private physician’s office has a separate entrance; second office includes storage and East Foothills views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,629
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,580
$1.2M
Cap Rate 7%
$851,843
$851.8K
Cap Rate 9%
$662,544
$662.5K
Market Conditions
NOI Build-Up for 1,695 SF
Gross rent
$95.0K $56.04/SF
− Vacancy
−$15.5K −$9.13/SF
EGI
$79.5K $46.91/SF
− OpEx
−$19.9K −$11.73/SF
NOI
$59.6K $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%
$1,192,580
Cap Rate 7%
$851,843
Cap Rate 9%
$662,544
Alternative Uses
Best Use
Office B
$851.8K
$745.4K – $993.8K
NOI $59,629 @ 7.0% cap · market cap 7.46%
Second Best
Healthcare Medical
$405.3K
$354.7K – $472.9K
NOI $28,374 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.02M
$895.7K – $1.19M
NOI $71,656 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,886
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A built-out clinical suite offers private offices and room-by-room phone and Wi-Fi service within a dedicated medical building.
Where is this medical office space located?
The property is located at 200 Jose Figueres Ave 340 San Jose, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,695‑square‑foot medical condo in a four‑story building completed in 2007; Six exam rooms, each with a sink and instant hot water; Private physician’s office has a separate entrance; second office includes storage and East Foothills views
