Warehouse with Secured
For Sale
Contact for pricing
2871 Monterey Hwy, San Jose, CA 95111
Functional warehouse with multiple ground-level access points, employee parking areas, and a fenced yard.
Property Size16,800 SF
Price / SF$309.52
Days on Market97
Property Features for 2871 Monterey Hwy
General Information
Standard status
Active
Size
16,800 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
South San Jose
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
9
Listing Agency:
CBRE | San Jose
(408) 453-7400
Listed By:
Jim Kovaleski · License #00846878
(408) 453-7451
Source:
Moodyscre
Added: Jul 28
Changed: Oct 25
Last Checked: Nov 1 at 5:36AM
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 CBRE | San Jose
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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 warehouse property contains approximately 16,800 square feet with 9 grade-level doors and approximately 14 feet of clear height. The configuration supports ground-level loading and warehouse operations, with employee parking areas included on site.
The property also features a fenced and secured yard, providing controlled outdoor space connected to the warehouse improvements.
The property also features a fenced and secured yard, providing controlled outdoor space connected to the warehouse improvements.
Key Highlights
- Approximately 16,800 SF warehouse
- 9 grade‑level doors
- Approximately 14’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$339,687
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,793,740
$6.8M
Cap Rate 7%
$4,852,671
$4.9M
Cap Rate 9%
$3,774,300
$3.8M
Market Conditions
NOI Build-Up for 16,800 SF
Gross rent
$433.4K $25.80/SF
− Vacancy
−$33.8K −$2.01/SF
EGI
$399.6K $23.79/SF
− OpEx
−$59.9K −$3.57/SF
NOI
$339.7K $20.22/SF
Area
ZIP 95111
Vacancy
7.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,793,740
Cap Rate 7%
$4,852,671
Cap Rate 9%
$3,774,300
Alternative Uses
Best Use
Warehouse
$4.85M
$4.25M – $5.66M
NOI $339,687 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.09M
$8.83M – $11.77M
NOI $706,005 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
9
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Balanced
Demand for This Use
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
Similar Off Market Nearby
- Primo Hauling Movers — 161 Rancho Dr, San Jose, CA 95111
- A-1 Self Storage — 2900 Monterey Rd, San Jose, CA 95111
- A-1 Self Storage — 2900 Monterey Hwy, San Jose, CA 95111
- Trojan Storage of San Jose Montecito — 96 Montecito Vista Dr, San Jose, CA 95111
- Caravan RV Storage & RV Rental — 33 Lewis Rd, San Jose, CA 95111
Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse with multiple ground-level access points, employee parking areas, and a fenced yard.
Where is this warehouse located?
The property is located at 2871 Monterey Hwy San Jose, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Approximately 16,800 SF warehouse; 9 grade‑level doors; Approximately 14’ clear height
