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Industrial Warehouse Condominium
New
For Sale
$3,050,000

2147 South 10th Street San, 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 Market2

Property Features for 2147 South 10th Street San

General Information

Standard status Active
Size 12,477 SF
Property subtype Warehouse
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 · License #01754421
Source: Thebrokerlist
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 2 at 4:50AM

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

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.

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 For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $321.9k $25.80
− Vacancy −$24.4k −$1.96
EGI $297.5k $23.84
− OpEx −$44.6k −$3.58
NOI $252.9k $20.27
12,477 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.61M
$3.16M – $4.21M (±1% cap)
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 (±1% cap)
NOI $527,467 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Team Elite Basketball Gym & Fitness Center Ha'a Hula / Te ... Training Center Sessions Parkour Academy Gym & Fitness Center Gym Yana+ Nika Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Grocery & Convenience Store Veterinary Clinic

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

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

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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 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
More about this property
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