First-Floor Office
For Sale
$399,000
2021 The Alameda, San Jose, CA 95126
Two offices, a sink-equipped pantry, and rear parking support appointment-based professional use.
Property Size850 SF
Price / SF$469.41
Days on Market10
Property Features for 2021 The Alameda
General Information
Standard status
Active
Size
850 SF
Property subtype
General Commercial
Additional Details
Floor
First Floor
HOA Fee
$650
Office Units
1
Taxes and HOA fees
Annual Taxes
$3,467
Amenities
public restroom
Central A/C and Heating
Central Air
Flat
Building Details
Year Built
1982
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Bay Realty Group
(408) 392-0888
Listed By:
Yanzhang Liu
Source:
Xome
Added: Jul 25
Changed: Aug 2
Last Checked: Aug 3 at 2:44AM
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 Bay Realty Group
Investment Insights
Based on property information with market context.
This 850-square-foot office unit occupies the first floor of a building constructed in 1982. The layout includes two offices and a pantry room with a sink, while central air conditioning and heating serve the space. The unit is currently used by a travel agency for client meetings by appointment.
Located at 2021 The Alameda in San Jose, the property includes parking at the rear of the building. Association services cover water, electricity within the unit, common-area expenses, garbage removal, a public restroom, and central air conditioning and heating. The space is configured for office use with a practical, compact layout.
Located at 2021 The Alameda in San Jose, the property includes parking at the rear of the building. Association services cover water, electricity within the unit, common-area expenses, garbage removal, a public restroom, and central air conditioning and heating. The space is configured for office use with a practical, compact layout.
Key Highlights
- 850‑square‑foot first‑floor office unit
- Two offices plus a pantry room with sink
- Central air conditioning and heating
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 | $47.6k | $56.04 |
| − Vacancy | −$7.8k | −$9.13 |
| EGI | $39.9k | $46.91 |
| − OpEx | −$10.0k | −$11.73 |
| NOI | $29.9k | $35.18 |
850 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$427.2K
$373.8K – $498.4K
NOI $29,902 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$513.3K
$449.2K – $598.9K
NOI $35,934 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,793
Businesses Nearby
Explore this area
Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two offices, a sink-equipped pantry, and rear parking support appointment-based professional use.
Where is this office units located?
The property is located at 2021 The Alameda San Jose, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 850‑square‑foot first‑floor office unit; Two offices plus a pantry room with sink; Central air conditioning and heating
