Freestanding Industrial Building with 5
2885 Aiello Drive San Jose, CA 95111
For Sale
Contact for pricing
Freestanding light industrial building with grade-level doors, sprinklered systems, and wrought-iron gated fencing.
Property Size9,525 SF
Lot Size0.50 Acres
Price / SF$385.09
Days on Market24
Property Features for 2885 Aiello Drive
General Information
- Standard status
- Active
- Size
- 9,525 SF
- Lot size
- 0.50 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Cushman & Wakefield | San Jose
(408) 436-3656
Listed By:
Fred Eder
Source:
Moodyscre
Added: Jul 1
Changed: Jul 22
Last Checked: Jul 22 at 9:08PM
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 Cushman & Wakefield | San Jose
Investment Insights
Based on property information with market context.
This freestanding industrial building is configured as five separate units within one parcel. Each unit has a grade-level door, and the property is sprinklered. The electrical service is described as 150 to 200 amps per unit, with the buyer to verify. Exterior improvements include a wrought-iron fence and gate, supporting controlled site access.
The property is situated on a 0.50-acre parcel and is listed under LI zoning (Light Industrial).
The property is situated on a 0.50-acre parcel and is listed under LI zoning (Light Industrial).
Key Highlights
- Freestanding industrial building totaling 9,525 SF with 5 units
- Grade‑level door at each unit
- Sprinklered building
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 | $245.7k | $25.80 |
| − Vacancy | −$19.2k | −$2.01 |
| EGI | $226.6k | $23.79 |
| − OpEx | −$34.0k | −$3.57 |
| NOI | $192.6k | $20.22 |
9,525 SF · lease $25.80/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.75M
$2.41M – $3.21M
NOI $192,590 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.72M
$5.00M – $6.67M
NOI $400,280 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
2 Spec Manufacturing
Industrial Manufacturer
C & V Precision ...
Industrial Manufacturer
Lockwood Engineering & Machine
Industrial Manufacturer
T R Vandrielen ...
Industrial Manufacturer
Insight Home Services ...
Real Estate Agency
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FAQs
What type of property is this?
Warehouse - Freestanding light industrial building with grade-level doors, sprinklered systems, and wrought-iron gated fencing.
Where is this warehouse located?
The property is located at 2885 Aiello Drive San Jose, CA.
What is the asking price?
The asking price for this property is $3,668,000.
What are key features of this property?
This property features: Freestanding industrial building totaling 9,525 SF with 5 units; Grade‑level door at each unit; Sprinklered building
