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Industrial Condo Near San Jose Airport

2216 Ringwood Avenue San Jose, CA 95131

2216 Ringwood Avenue, San Jose, CA, 95131

$1,599,000

For Sale

$1,599,000

Industrial condo with office space, near San Jose International Airport.

Property Size3,196 SF

Price / SF$500.31

AddedJun 19, 2025

Days on Market392

Last RefreshMar 16 at 9:09 am

Property Features for 2216 Ringwood Avenue

General Information

Standard status: Active
Size: 3,196 SF

Building Details

Year Built: 2004

Listing office INTERO REAL ESTATE SERVICES

Listing date Jun 19, 2025

Source Corcoran

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 vacant industrial condo, built in 2004, offers approximately 3,196 square feet of space, blending warehouse and office functionalities across two stories. The property features an approximate 24-foot ceiling height and a grade-level roll-up door. Located in North San Jose's Venture Commerce Center, it provides convenient access to I-880, US-101, and Montague Expressway, and is situated just 3.5 miles (a 10-minute drive) from San Jose International Airport (SJC). The property is zoned IP (Industrial Park) and has an L-Shape construction style. HOA dues are $423 per month. This professionally maintained condo is suitable for owner-users or investors, with potential SBA financing available (buyer to verify).

Key Highlights

Vacant Industrial Condo: Ready for immediate occupancy.
Strategic Location: Just 3.5 miles from San Jose International Airport (SJC) with easy access to I‑880, US‑101, and Montague Expressway.
Functional Warehouse/Office Blend: A versatile space for various activities.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$179.1k	$56.04
− Vacancy	−$29.2k	−$9.13
EGI	$149.9k	$46.91
− OpEx	−$37.5k	−$11.73
NOI	$112.4k	$35.18

3,196 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.61M

$1.41M – $1.87M (±1% cap)

NOI $112,432 @ 7.0% cap · market cap 7.03%

Second Best

Warehouse

$925.4K

$809.7K – $1.08M (±1% cap)

NOI $64,776 @ 7.0% cap · market cap 4.05%

Theoretical Best

Office A

$1.93M

$1.69M – $2.25M (±1% cap)

NOI $135,111 @ 7.0% cap · market cap 8.45%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Arctic Semiconductor Corporate Office

Suggested Use

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For sale
Warehouses
CA
San Jose
95131
2216 Ringwood Avenue

What type of property is this?

Warehouse - Industrial condo with office space, near San Jose International Airport.

Where is this warehouse located?

The property is located at 2216 Ringwood Avenue San Jose, CA.

What is the asking price?

The asking price for this property is $1,599,000.

What are key features of this property?

This property features: Vacant Industrial Condo: Ready for immediate occupancy.; Strategic Location: Just 3.5 miles from San Jose International Airport (SJC) with easy access to I‑880, US‑101, and Montague Expressway.; Functional Warehouse/Office Blend: A versatile space for various activities.