Warehouse with Secured
New
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 Market6
Property Features for 2871 Monterey Hwy
General Information
Standard status
Active
Size
16,800 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
9
Listing Agency:
CBRE | San Jose
(408) 453-7451
Listed By:
Jim Kovaleski · License #00846878
(408) 453-7451
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 2 at 12:27PM
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
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $433.4k | $25.80 |
| − Vacancy | −$33.8k | −$2.01 |
| EGI | $399.6k | $23.79 |
| − OpEx | −$59.9k | −$3.57 |
| NOI | $339.7k | $20.22 |
16,800 SF · lease $25.80/SF/yr · vacancy 7.80% · expense 15.00%
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.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
9
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
734
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A-1 Self Storage — 2900 Monterey Rd, San Jose, CA 95111
- Caravan RV Storage & RV Rental — 33 Lewis Rd, San Jose, CA 95111
- A-1 Self Storage — 2900 Monterey Hwy, San Jose, CA 95111
- Primo Hauling Movers — 161 Rancho Dr, San Jose, CA 95111
- Trojan Storage of San Jose Montecito — 96 Montecito Vista Dr, 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
