San Jose Industrial Condo For
For Sale
$1,650,000
2180 Ringwood Ave, San Jose, CA 95131
Modern industrial condo in North San Jose, suitable for various uses.
Property Size3,120 SF
Price / SF$528.85
Days on Market202
Property Features for 2180 Ringwood Ave
General Information
Standard status
Active
Size
3,120 SF
Building Details
Year Built
2004
Listing Agency:
Intero Real Estate Services
Listed By:
Carlos Padilla · License #01342889
(650) 947-4746
Source:
Homeisv
Added: Mar 27
Changed: Oct 8
Last Checked: Oct 7 at 1:06PM
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
Investment Insights
Based on property information with market context.
This modern industrial condo, constructed in 2004, is situated in the established industrial corridor of North San Jose. The property offers 3,120 square feet of flex and industrial space. It is suitable for either an owner-user or an investor. The property is located in San Jose, California.
Key Highlights
- Modern 2004 industrial condo
- Located in North San Jose’s established industrial corridor
- Suitable for owner‑user or investor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,090
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,800
$1.2M
Cap Rate 7%
$829,857
$829.9K
Cap Rate 9%
$645,444
$645.4K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$100.0K $32.04/SF
− Vacancy
−$10.6K −$3.40/SF
EGI
$89.4K $28.64/SF
− OpEx
−$31.3K −$10.03/SF
NOI
$58.1K $18.62/SF
Area
San Jose, CA
Vacancy
10.60%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,800
Cap Rate 7%
$829,857
Cap Rate 9%
$645,444
Alternative Uses
Best Use
Flex RnD
$829.9K
$726.1K – $968.2K
NOI $58,090 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$743.9K
$651.0K – $867.9K
NOI $52,076 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,898 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,722
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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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?
Flex space - Modern industrial condo in North San Jose, suitable for various uses.
Where is this flex space located?
The property is located at 2180 Ringwood Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Modern 2004 industrial condo; Located in North San Jose’s established industrial corridor; Suitable for owner‑user or investor
