San Jose R&D Office
For Sale
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2485 Autumnvale Drive Suite H San Jose, San Jose, CA 95131
1,234 SF R&D office condo in North San Jose.
Property Size1,234 SF
Price / SF$465.96
Days on Market350
Property Features for 2485 Autumnvale Drive Suite H San Jose
General Information
Standard status
Active
Size
1,234 SF
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Stories
1
Units
1
Listing Agency:
Global Commercial
(408) 464-8388
Listed By:
Alex Caruso · License #CA 02136271
Source:
Crexi
Added: Sep 8, 2025
Changed: Aug 22
Last Checked: Aug 22 at 11:06AM
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 Global Commercial
Investment Insights
Based on property information with market context.
This property is a 1,234 square foot R&D office condo located in North San Jose. The unit features a lobby, office area, and a restroom. It is equipped with HVAC throughout and includes a 10’x10’ roll-up door. The property also offers approximately 16’ clear height. HOA dues are approximately $575 per quarter. This commercial real estate is suitable for flex space, industrial purposes, office units, office spaces, warehouses, and other warehouse-related activities.
Key Highlights
- ±1,234 SF R&D office condo
- Features a 10’x10’ roll‑up door
- Boasts ±16’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,975
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,500
$459.5K
Cap Rate 7%
$328,214
$328.2K
Cap Rate 9%
$255,278
$255.3K
Market Conditions
NOI Build-Up for 1,234 SF
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.
Gross rent
$39.5K $32.04/SF
− Vacancy
−$4.2K −$3.40/SF
EGI
$35.3K $28.64/SF
− OpEx
−$12.4K −$10.03/SF
NOI
$23.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,500
Cap Rate 7%
$328,214
Cap Rate 9%
$255,278
Alternative Uses
Best Use
Flex RnD
$328.2K
$287.2K – $382.9K
NOI $22,975 @ 7.0% cap · market cap 4.00%
Second Best
Industrial
$294.2K
$257.5K – $343.3K
NOI $20,597 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$745.3K
$652.1K – $869.5K
NOI $52,168 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - 1,234 SF R&D office condo in North San Jose.
Where is this flex space located?
The property is located at 2485 Autumnvale Drive Suite H San Jose San Jose, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: ±1,234 SF R&D office condo; Features a 10’x10’ roll‑up door; Boasts ±16’ clear height
