Industrial Warehouse
For Sale
$3,050,000
2147 South 10th Street, San Jose, CA 95112
Warehouse condominium with mezzanine office space, Heavy Industrial zoning, and access to multiple major highways.
Property Size12,477 SF
Price / SF$244.45
Days on Market77
Property Features for 2147 South 10th Street
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
Building Details
Building Size
12,477 SF
Year Built
1979
Listing Agency:
SVN | The Kase Group
Listed By:
Robin Santiago, SIOR, CCIM · License #CalDRE #01754421
(408) 803-5003
Source:
Svn
Added: Aug 1
Changed: Oct 12
Last Checked: Oct 16 at 7:39AM
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 | The Kase Group
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Investment Insights
Based on property information with market context.
This 12,477-square-foot industrial warehouse condominium at 2147 South 10th Street in San Jose was built in 1979 and includes a second-floor mezzanine office area. The facility offers up to 34 feet of clear height, Heavy Industrial (HI) zoning, and 400 amps of 277/480V, 3-phase power, subject to buyer verification. One additional grade-level door may be added; the opening is currently glassed in.
The property is currently occupied by a gym-use tenant, with a lease provision allowing termination upon sale. Highways 101, 280, and 87 provide regional connectivity, with Downtown San Jose and San Jose Mineta International Airport nearby. The surrounding area includes industrial, manufacturing, technology, and service businesses, placing the condominium within an established commercial corridor.
The property is currently occupied by a gym-use tenant, with a lease provision allowing termination upon sale. Highways 101, 280, and 87 provide regional connectivity, with Downtown San Jose and San Jose Mineta International Airport nearby. The surrounding area includes industrial, manufacturing, technology, and service businesses, placing the condominium within an established commercial corridor.
Key Highlights
- ±12,477 SF industrial warehouse condominium
- Up to 34' clear height with second‑floor mezzanine office area
- Heavy Industrial (HI) zoning
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.
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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 - Warehouse condominium with mezzanine office space, Heavy Industrial zoning, and access to multiple major highways.
Where is this warehouse located?
The property is located at 2147 South 10th Street 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; Up to 34' clear height with second‑floor mezzanine office area; Heavy Industrial (HI) zoning
