Ground-Floor Medical Office
For Sale
$599,950
2360 Mckee Road B5, San Jose, CA 95116
Existing clinical improvements include examination rooms, an X-ray room, and reception areas.
Property Size1,059 SF
Price / SF$566.53
Days on Market48
Property Features for 2360 Mckee Road B5
General Information
Standard status
Active
Size
1,059 SF
Property subtype
Commercial/Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
Ground Floor
Taxes and HOA fees
Annual Taxes
$7,900
Building Details
Year Built
1985
Listing Agency:
Intero Real Estate Services
(408) 342-3000
Listed By:
Johnathan Nguyen · License #01269674
(408) 828-7160
Source:
Exitrealty
Added: Sep 4
Changed: Sep 14
Last Checked: Sep 15 at 5:34AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,059-square-foot medical office condominium occupies a ground-floor position within a professional office building constructed in 1985. The former chiropractic office includes four examination rooms, a dedicated X-ray room, a private bathroom, reception counter, office and billing area, and a waiting lounge with ceiling fan. Two gender-specific common bathrooms serve the lobby.
Located at 2360 McKee Rd in San Jose, the suite is immediately adjacent to I-680 and positioned along McKee Road, which carries approximately 38,000 vehicles per day. Direct entry from the building’s wide double-door entrance provides convenient access to the first office suite. The property is also near Regional Medical Center of San Jose.
Located at 2360 McKee Rd in San Jose, the suite is immediately adjacent to I-680 and positioned along McKee Road, which carries approximately 38,000 vehicles per day. Direct entry from the building’s wide double-door entrance provides convenient access to the first office suite. The property is also near Regional Medical Center of San Jose.
Key Highlights
- 1,059‑square‑foot medical office condominium
- Ground‑floor suite immediately inside the building’s wide double‑door entrance
- Four examination rooms plus a dedicated X‑ray room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,255
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,100
$745.1K
Cap Rate 7%
$532,214
$532.2K
Cap Rate 9%
$413,944
$413.9K
Market Conditions
NOI Build-Up for 1,059 SF
Gross rent
$59.3K $56.04/SF
− Vacancy
−$9.7K −$9.13/SF
EGI
$49.7K $46.91/SF
− OpEx
−$12.4K −$11.73/SF
NOI
$37.3K $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%
$745,100
Cap Rate 7%
$532,214
Cap Rate 9%
$413,944
Alternative Uses
Best Use
Office B
$532.2K
$465.7K – $620.9K
NOI $37,255 @ 7.0% cap · market cap 6.21%
Second Best
Healthcare Medical
$253.3K
$221.6K – $295.5K
NOI $17,728 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$639.6K
$559.6K – $746.2K
NOI $44,769 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,668
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical improvements include examination rooms, an X-ray room, and reception areas.
Where is this medical office space located?
The property is located at 2360 Mckee Road B5 San Jose, CA.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: 1,059‑square‑foot medical office condominium; Ground‑floor suite immediately inside the building’s wide double‑door entrance; Four examination rooms plus a dedicated X‑ray room
