Industrial Warehouse
New
For Sale
Contact for pricing
2121-2159 S 10 St, San Jose, CA 95112
A second-floor mezzanine office area is integrated with the warehouse space.
Property Size12,477 SF
Price / SF$244.45
Days on Market5
Property Features for 2121-2159 S 10 St
General Information
Standard status
Active
Size
12,477 SF
Property subtype
INDUSTRIAL
Zoning
HI
Warehouse & Industrial
Clear Height
34 ft
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Listing Agency:
SVN | Capital West Partners
(408) 381-3303
Listed By:
Robin Santiago, SIOR, CCIM · License #01754421
(408) 803-5003
Source:
Moodyscre
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 16 at 8:34AM
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 SVN | Capital West Partners
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Investment Insights
Based on property information with market context.
This 12,477 SF industrial warehouse condominium includes warehouse space and a second-floor mezzanine office area. Clear height reaches up to 34 feet. The property has 400 amps of 277/480V, 3-phase power, subject to buyer verification, and a glassed-in opening that could accommodate one grade-level door. Heavy Industrial zoning applies.
The property offers access to Highways 101, 280 and 87, with downtown San Jose and San Jose Mineta International Airport minutes away. A tenant lease includes an early termination option upon sale, and the industrial condominium project is professionally managed.
The property offers access to Highways 101, 280 and 87, with downtown San Jose and San Jose Mineta International Airport minutes away. A tenant lease includes an early termination option upon sale, and the industrial condominium project is professionally managed.
Key Highlights
- 12,477 SF industrial warehouse condominium
- Clear height of up to 34'
- Second‑floor mezzanine office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$252,880
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,057,600
$5.1M
Cap Rate 7%
$3,612,571
$3.6M
Cap Rate 9%
$2,809,778
$2.8M
Market Conditions
NOI Build-Up for 12,477 SF
Gross rent
$321.9K $25.80/SF
− Vacancy
−$24.4K −$1.96/SF
EGI
$297.5K $23.84/SF
− OpEx
−$44.6K −$3.58/SF
NOI
$252.9K $20.27/SF
Area
San Jose, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,057,600
Cap Rate 7%
$3,612,571
Cap Rate 9%
$2,809,778
Alternative Uses
Best Use
Warehouse
$3.61M
$3.16M – $4.21M
NOI $252,880 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.54M
$6.59M – $8.79M
NOI $527,467 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
34 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,441
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - A second-floor mezzanine office area is integrated with the warehouse space.
Where is this warehouse located?
The property is located at 2121-2159 S 10 St San Jose, CA.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 12,477 SF industrial warehouse condominium; Clear height of up to 34'; Second‑floor mezzanine office area
