Medical Office in Desirable
For Sale
Contact for pricing
3076 Union Avenue, San Jose, CA 95124
Well-maintained medical office space in a sought-after neighborhood.
Property Size1,575 SF
Price / SF$887.62
Days on Market73
Property Features for 3076 Union Avenue
General Information
Standard status
Active
Size
1,575 SF
Property subtype
Office
Building Details
Year Built
1957
Listing Agency:
Marcus & Millichap - Palo Alto
(650) 391-1764
Listed By:
Yuri Sergunin, CCIM · License #01908322
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 30 at 11:05AM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
The property at 3076 Union Avenue offers an owner-user opportunity in a desirable neighborhood. The well-maintained property features an open floor plan with three individual offices. Zoned C - Commercial, the property allows for multiple uses and is suited for a medical practice, including dental, optometry, chiropractic, or general medical services. The property offers ample parking and easy access to Highways 17, 85, and 280. The property has a size of 1575 square feet.
Key Highlights
- Excellent owner‑user opportunity in a highly desirable Cambrian neighborhood.
- Zoned and suited for a medical practice (dental, optometry, chiropractic, or general medical).
- Open floor plan with three individual offices.
Financial Insights For Office B
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 | $88.3k | $56.04 |
| − Vacancy | −$14.4k | −$9.13 |
| EGI | $73.9k | $46.91 |
| − OpEx | −$18.5k | −$11.73 |
| NOI | $55.4k | $35.18 |
1,575 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$791.5K
$692.6K – $923.5K
NOI $55,407 @ 7.0% cap · market cap 3.96%
Second Best
Healthcare Medical
$376.7K
$329.6K – $439.4K
NOI $26,366 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$951.2K
$832.3K – $1.11M
NOI $66,583 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95124, CA
50,054
Population
18,143
Households
2.8
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
7,584
Density / Sq Mi
$188,433
Median Household Income
$90,422
Median Earnings
$2,936
Median Rent
$1,596,700
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office space in a sought-after neighborhood.
Where is this medical office space located?
The property is located at 3076 Union Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Excellent owner‑user opportunity in a highly desirable Cambrian neighborhood.; Zoned and suited for a medical practice (dental, optometry, chiropractic, or general medical).; Open floor plan with three individual offices.
