Freestanding Character Office
New
For Sale
$1,850,000
2136 The Alameda, San Jose, CA 95126
A flexible floor plan supports either single-tenant or multi-tenant occupancy.
Property Size3,400 SF
Lot Size0.16 Acres
Price / SF$544.12
Days on Market3
Property Features for 2136 The Alameda
General Information
Standard status
Active
Size
3,400 SF
Lot size
0.16 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Chapman
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Amenities
Central air
Common Garage
Central Air Cooling
Central Forced Air Heating
Tile Roof
Building Details
Year Built
1925
Buildings
1
Building Size
3,400 SF
Listing Agency:
INTERO REAL ESTATE SERVICES
(650) 947-4700
Listed By:
DARIUS MCCLELLAND
Source:
Corcoran
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:48AM
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 INTERO REAL ESTATE SERVICES
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Investment Insights
Based on property information with market context.
This freestanding office property dates to 1925 and offers approximately 3,400 SF of space. Interior details include mahogany wood trim and oak hardwood floors, while the layout can serve one occupant or multiple tenants. On-site and street parking are available. The site measures approximately 7,145 SF, or 0.16 acres, and carries CO zoning.
The property fronts The Alameda, a commercial corridor with access to Downtown San Jose. Highways 17, 280, and 101 are accessible, and San Jose International Airport is minutes away. Santa Clara University is a few blocks from the property; restaurants, Westfield Valley Fair, and Santana Row are also nearby.
The property fronts The Alameda, a commercial corridor with access to Downtown San Jose. Highways 17, 280, and 101 are accessible, and San Jose International Airport is minutes away. Santa Clara University is a few blocks from the property; restaurants, Westfield Valley Fair, and Santana Row are also nearby.
Key Highlights
- Freestanding office building with approximately 3,400 SF
- Flexible layout for single- or multi‑tenant occupancy
- Mahogany wood trim and oak hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,609
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,392,180
$2.4M
Cap Rate 7%
$1,708,700
$1.7M
Cap Rate 9%
$1,328,989
$1.3M
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$190.5K $56.04/SF
− Vacancy
−$31.1K −$9.13/SF
EGI
$159.5K $46.91/SF
− OpEx
−$39.9K −$11.73/SF
NOI
$119.6K $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%
$2,392,180
Cap Rate 7%
$1,708,700
Cap Rate 9%
$1,328,989
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $1.99M
NOI $119,609 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,735 @ 7.0% cap · market cap 7.77%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,586
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
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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
Frequently Asked Questions
What type of property is this?
Office building - A flexible floor plan supports either single-tenant or multi-tenant occupancy.
Where is this office building located?
The property is located at 2136 The Alameda San Jose, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Freestanding office building with approximately 3,400 SF; Flexible layout for single- or multi‑tenant occupancy; Mahogany wood trim and oak hardwood flooring
