San Jose Industrial
For Sale
$945,000
2828 Aiello Dr, San Jose, CA 95111
Industrial property available for sale in San Jose, California.
Property Size10,000 SF
Price / SF$399.58
Days on Market228
Property Features for 2828 Aiello Dr
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Building Details
Building Size
10,000 SF
Year Built
1985
Buildings
1
Listing Agency:
Kidder Mathews - San Jose
Listed By:
Dave Evans · License #00764837
(408) 588-2356
Source:
Kidder
Added: Mar 8
Changed: Aug 8
Last Checked: Mar 26 at 9:48AM
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 Kidder Mathews - San Jose
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Investment Insights
Based on property information with market context.
This industrial property, located in San Jose, California, offers a total space of 2365 square feet. The property is intended for industrial use.
Key Highlights
- Industrial property in San Jose, California
- Year Built: 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,380
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,600
$787.6K
Cap Rate 7%
$562,571
$562.6K
Cap Rate 9%
$437,556
$437.6K
Market Conditions
NOI Build-Up for 2,365 SF
Gross rent
$61.0K $25.80/SF
− Vacancy
−$4.8K −$2.01/SF
EGI
$56.3K $23.79/SF
− OpEx
−$16.9K −$7.14/SF
NOI
$39.4K $16.65/SF
Area
ZIP 95111
Vacancy
7.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,600
Cap Rate 7%
$562,571
Cap Rate 9%
$437,556
Alternative Uses
Best Use
Industrial
$562.6K
$492.3K – $656.3K
NOI $39,380 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,387 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 95111, CA
60,593
Population
16,303
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
72%
High-School Grad
5.8 sq mi
ZIP Area
10,447
Density / Sq Mi
$97,162
Median Household Income
$43,577
Median Earnings
$1,954
Median Rent
$826,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property available for sale in San Jose, California.
Where is this industrial property located?
The property is located at 2828 Aiello Dr San Jose, CA.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Industrial property in San Jose, California; Year Built: 1985
