Office
For Sale
Contact for pricing
2051 Junction AVE 238, San Jose, CA 95131
The unit sits in a business park amid office, medical, and technology companies.
Property Size1,297 SF
Price / SF$1.16
Days on Market171
Property Features for 2051 Junction AVE 238
General Information
Standard status
Active
Size
1,297 SF
Site & Location
Neighborhood
Berryessa
Highway Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1985
Listing Agency:
Fletcher Realty
Listed By:
Farida Fletcher · License #01106550
(408) 832-0562
Source:
Giuffreproperties
Added: May 13
Changed: Oct 29
Last Checked: Oct 28 at 5:46AM
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 Fletcher Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office unit contains 1,297 square feet and was built in 1985. It is located in Junction Office Park in North San Jose, among offices, medical businesses, and technology companies.
Mineta International Airport and highways 101, 880, and 680 are accessible from the property. Brokaw Commons Shopping Center provides nearby shopping, food, and supermarket options.
Mineta International Airport and highways 101, 880, and 680 are accessible from the property. Brokaw Commons Shopping Center provides nearby shopping, food, and supermarket options.
Key Highlights
- 1,297‑square‑foot office unit
- Built in 1985
- Located in Junction Office Park in North San Jose
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,627
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,540
$912.5K
Cap Rate 7%
$651,814
$651.8K
Cap Rate 9%
$506,967
$507.0K
Market Conditions
NOI Build-Up for 1,297 SF
Gross rent
$72.7K $56.04/SF
− Vacancy
−$11.8K −$9.13/SF
EGI
$60.8K $46.91/SF
− OpEx
−$15.2K −$11.73/SF
NOI
$45.6K $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%
$912,540
Cap Rate 7%
$651,814
Cap Rate 9%
$506,967
Alternative Uses
Best Use
Office B
$651.8K
$570.3K – $760.5K
NOI $45,627 @ 7.0% cap · market cap 3,041.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$783.3K
$685.4K – $913.9K
NOI $54,831 @ 7.0% cap · market cap 3,655.40%
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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,793
Businesses Nearby
Explore this area
Business Placement
Demographics for 95131, CA
30,975
Population
10,270
Households
3
Avg Household Size
38
Median Age
57%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,341
Density / Sq Mi
$170,128
Median Household Income
$77,369
Median Earnings
$3,182
Median Rent
$1,134,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Jose, CA
Frequently Asked Questions
What type of property is this?
Office unit - The unit sits in a business park amid office, medical, and technology companies.
Where is this office unit located?
The property is located at 2051 Junction AVE 238 San Jose, CA.
What are key features of this property?
This property features: 1,297‑square‑foot office unit; Built in 1985; Located in Junction Office Park in North San Jose
