Flex Space with
For Sale
$489,000
2485 Autumnvale Drive, San Jose, CA 95131
A condominium layout provides private workspace, an open work area, a break room, and HVAC throughout.
Property Size1,110 SF
Price / SF$440.54
Days on Market66
Property Features for 2485 Autumnvale Drive
General Information
Standard status
Active
Size
1,110 SF
Property subtype
Commercial
Zoning
IP
Site & Location
Neighborhood
Northwood
Highway Access
Yes
Public Transit
Yes
Additional Details
Furnished
Yes
Clear Height
16 ft
Property Use
Office/R&D
Amenities
break room
roll-up door
Building Details
Building Size
1,110 SF
Year Built
1979
Listing Agency:
Intero Real Estate Services
Listed By:
Hugo De Hoyos · License #01153534
(650) 281-9585
Source:
Equityfirstre
Added: Aug 28
Changed: Oct 30
Last Checked: Oct 29 at 6:48PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,110-square-foot flex condominium, built in 1979, is configured for office and R&D use. Its interior includes a lobby and open work area with two desks, a private office, a break room, and a restroom. HVAC serves the space, which also has a roll-up door and approximately 16 feet of clear height. The property is zoned IP.
The property is near I-880 and I-680, with BART and the Great Mall within walking distance.
The property is near I-880 and I-680, with BART and the Great Mall within walking distance.
Key Highlights
- 1,110‑square‑foot flex condominium
- Office/R&D configuration with a lobby, open work area, private office, break room, and restroom
- Approximately 16' clear height and a roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,049
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,980
$781.0K
Cap Rate 7%
$557,843
$557.8K
Cap Rate 9%
$433,878
$433.9K
Market Conditions
NOI Build-Up for 1,110 SF
Gross rent
$62.2K $56.04/SF
− Vacancy
−$10.1K −$9.13/SF
EGI
$52.1K $46.91/SF
− OpEx
−$13.0K −$11.73/SF
NOI
$39.0K $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%
$780,980
Cap Rate 7%
$557,843
Cap Rate 9%
$433,878
Alternative Uses
Best Use
Office B
$557.8K
$488.1K – $650.8K
NOI $39,049 @ 7.0% cap · market cap 7.99%
Second Best
Flex RnD
$295.2K
$258.3K – $344.4K
NOI $20,666 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$670.4K
$586.6K – $782.1K
NOI $46,925 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
997
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
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Flex space - A condominium layout provides private workspace, an open work area, a break room, and HVAC throughout.
Where is this flex space located?
The property is located at 2485 Autumnvale Drive San Jose, CA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 1,110‑square‑foot flex condominium; Office/R&D configuration with a lobby, open work area, private office, break room, and restroom; Approximately 16' clear height and a roll‑up door
