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Elevator-Served Office Suite

2051 Junction Ave, San Jose, CA 95131

For Sale
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Office suite with a kitchenette, shared restrooms, and elevator service in a flexible IP zoning setting.

Property Size2,338 SF
Price / SF$482.23
Days on Market265

Property Features for 2051 Junction Ave

General Information

Standard status Active
Size 2,338 SF
Property subtype OFFICE
Zoning IP

Site & Location

Neighborhood Berryessa

Amenities

Kitchenette
Elevator Served
Shared Restrooms
Listing Agency: Colliers | Silicon Valley
Listed By: Matt Morales · License CA #02030954
Source: Moodyscre
Added: Feb 23 Changed: Nov 3 Last Checked: Nov 12 at 5:58AM

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 Colliers | Silicon Valley

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Investment Insights

Based on property information with market context.

This elevator-served office suite is available now and configured for flexible IP zoning. The unit includes a kitchenette and shared restrooms, making it well-suited for businesses looking for a functional, turnkey day-to-day space.

Located in North San Jose, the property offers an on-site office setup within an urban office environment, supported by elevator access for tenant and guest convenience.

The suite’s interior amenities include a kitchenette for day-to-day use and shared restroom access, with the overall plan designed around efficient office occupancy.

Key Highlights

  • Office suite available now in a flexible IP zoning setting
  • Includes kitchenette
  • Elevator‑served office suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,249
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,980 $1.6M
Cap Rate 7%
$1,174,986 $1.2M
Cap Rate 9%
$913,878 $913.9K
Market Conditions
NOI Build-Up for 2,338 SF
Gross rent
$131.0K $56.04/SF
− Vacancy
−$21.4K −$9.13/SF
EGI
$109.7K $46.91/SF
− OpEx
−$27.4K −$11.73/SF
NOI
$82.2K $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%
$1,644,980
Cap Rate 7%
$1,174,986
Cap Rate 9%
$913,878

Alternative Uses

Best Use
Office B
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,249 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,839 @ 7.0% cap · market cap 8.77%
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

SiliconX Construction Construction Company Farmers Insurance - Su ... Insurance Agency Farmers Insurance - Jack ... Insurance Agency Covered California Certified ... Insurance Agency Jack E. Gilbert ... Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Pharmacy (Bike/Boat/Book/etc) Store Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,793
Businesses Nearby

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
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in San Jose, CA

$511 Jul
$502 Aug
$484 Sep
$479 Oct

Properties on Market for Office Units in San Jose

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office suite with a kitchenette, shared restrooms, and elevator service in a flexible IP zoning setting.
Where is this office unit located?
The property is located at 2051 Junction Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,127,459.
What are key features of this property?
This property features: Office suite available now in a flexible IP zoning setting; Includes kitchenette; Elevator‑served office suite
(408) 282-3914 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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