Medical Office Suite with Exam
New
For Sale
$749,000
200 Jose Figueres Avenue #470, San Jose, CA 95116
A 2007 medical condominium offers a clinical floor plan beside Regional Medical Center of San Jose.
Property Size1,356 SF
Price / SF$552.36
Days on Market3
Property Features for 200 Jose Figueres Avenue #470
General Information
Standard status
Active
Size
1,356 SF
Property subtype
Commercial
Site & Location
Neighborhood
Jose Figueres
Highway Access
Yes
Additional Details
HOA Fee
$1,140
Property Use
Medical Office
Amenities
Central air
Common Garage
Carpet Flooring
Central Air Cooling
Central Forced Air Heating
Elevator/Lift
Guest Parking
Laminate Flooring
Wide Halls / Doors (3 Ft +)
Building Details
Year Built
2007
Listing Agency:
BRG REALTY
Listed By:
GREGG BUNKER
(408) 781-1725
Source:
Corcoran
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:42AM
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 BRG REALTY
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Investment Insights
Based on property information with market context.
Suite 470 is a 1,356-square-foot medical office condominium built in 2007. Its layout includes three exam rooms, two testing rooms, a pulmonary function testing room, a physician’s office, a shot station, and storage. Reception and waiting areas feature built-in cabinetry and a registration counter. Large windows bring in natural light and provide mountain views. The sale covers the real property only; exam tables, lobby chairs, and the refrigerator are excluded.
The suite is next to Regional Medical Center of San Jose. San Jose Pharmacy operates in the same building, Walgreens is on McKee Road, and Highway 101 and Interstate 680 are accessible nearby.
The suite is next to Regional Medical Center of San Jose. San Jose Pharmacy operates in the same building, Walgreens is on McKee Road, and Highway 101 and Interstate 680 are accessible nearby.
Key Highlights
- 1,356‑square‑foot medical office condominium
- Three exam rooms, two testing rooms, and a pulmonary function testing room
- Includes a physician’s office, shot station, storage, reception, and waiting areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,703
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,060
$954.1K
Cap Rate 7%
$681,471
$681.5K
Cap Rate 9%
$530,033
$530.0K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$76.0K $56.04/SF
− Vacancy
−$12.4K −$9.13/SF
EGI
$63.6K $46.91/SF
− OpEx
−$15.9K −$11.73/SF
NOI
$47.7K $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%
$954,060
Cap Rate 7%
$681,471
Cap Rate 9%
$530,033
Alternative Uses
Best Use
Office B
$681.5K
$596.3K – $795.1K
NOI $47,703 @ 7.0% cap · market cap 6.37%
Second Best
Healthcare Medical
$324.3K
$283.7K – $378.3K
NOI $22,699 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$818.9K
$716.6K – $955.4K
NOI $57,325 @ 7.0% cap · market cap 7.65%
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
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 2007 medical condominium offers a clinical floor plan beside Regional Medical Center of San Jose.
Where is this medical office space located?
The property is located at 200 Jose Figueres Avenue #470 San Jose, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 1,356‑square‑foot medical office condominium; Three exam rooms, two testing rooms, and a pulmonary function testing room; Includes a physician’s office, shot station, storage, reception, and waiting areas
