First-Floor Office
For Sale
$1,488,000
2542 S Bascom Avenue, Campbell, CA 95008
CommercialSale, Campbell, CA
Property Size30,908 SF
Lot Size0.09 Acres
Price / SF$616.92
Days on Market192
Property Features for 2542 S Bascom Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CP
Accessibility
Accessible Elevator Installed
Subdivision
WillowGlen
Standard status
Active
APN
412-21-059
Size
2,412 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1979
Floors in Building
1
Flooring type
Carpet
Roof type
Flat
Listing Agency:
KW Bay Area Estates · Keller Williams Realty
(408) 560-9000
Listed By:
Joel Calvillo · License #01733780
(408) 892-9158
Added: Apr 13
Changed: Oct 21
Last Checked: Oct 21 at 9:06AM
MLS# ML82042666
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 first-floor office condo contains approximately 2,412 square feet in a layout with a reception area, conference room, six private offices, a break room, and two open work areas. Those open areas include 14 workstations that can be reconfigured as additional private offices. The suite was remodeled and has carpet flooring, central heating and air conditioning, and access to an installed elevator.
The condo is part of an approximately 30,908-square-foot building with a parking ratio of 3.69 spaces per 1,000 square feet. The property is in Campbell, California, and is zoned CP.
The condo is part of an approximately 30,908-square-foot building with a parking ratio of 3.69 spaces per 1,000 square feet. The property is in Campbell, California, and is zoned CP.
Key Highlights
- Approximately 2,412 square feet of office space
- Six private offices, a conference room, reception area, and break room
- Two open work areas with 14 workstations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,852
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,040
$1.7M
Cap Rate 7%
$1,212,171
$1.2M
Cap Rate 9%
$942,800
$942.8K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$135.2K $56.04/SF
− Vacancy
−$22.0K −$9.13/SF
EGI
$113.1K $46.91/SF
− OpEx
−$28.3K −$11.73/SF
NOI
$84.9K $35.18/SF
Area
Santa Clara County, 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%
$1,697,040
Cap Rate 7%
$1,212,171
Cap Rate 9%
$942,800
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,852 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,931 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The remodeled suite pairs private offices and a conference room with flexible open workspace.
Where is this office unit located?
The property is located at 2542 S Bascom Avenue Campbell, CA.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Approximately 2,412 square feet of office space; Six private offices, a conference room, reception area, and break room; Two open work areas with 14 workstations
