Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    San Jose Flex Space Available Title is generated by Realmo AI

    376 Race St, San Jose, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Flex space featuring reception, offices, mezzanine, and warehouse area.

    Type:FLEX_R_AND_D
    Property size:
    3,988 SF
    Lot size:
    0.45 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    169
    Last Refresh:
    Apr 5 at 10:30 pm

    Property Features for 376 Race St

    General Information

    Standard status
    Active
    Size
    3,988 SF
    Lot size
    0.45 Acres
    Property subtype
    FLEX_R_AND_D

    We can help!

    Listing Contact
    Jon D'Amico

    Listing agent Jon D'Amico

    Listing office Borelli Investment Company

    Listing date Nov 25, 2025

    Source Moodyscre

    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 Borelli Investment Company

    HighLights

    • Flex space suitable for multiple business needs.
    • Warehouse with roll‑up door for easy loading/unloading.
    • Mezzanine with offices provides additional workspace.
    • Open office area for collaborative work.
    • Reception area for greeting clients and visitors.
    • Adaptable layout for various business operations.

    Overview

    This flex space property offers a reception area, an open office space, and a mezzanine level with additional offices. The property also includes a warehouse area equipped with a roll-up door. The total property size is 3988 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Web Software Designs Marketing & Advertising Capezio Dance Dance Store San Jose Costumes (Bike/Boat/Book/etc) Store Discount Dance Online Clothing Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Buddy's Batch — 355 Meridian Ave, San Jose, CA 95126
    • Cooking by Ivette — 1256 Minnesota Ave, San Jose, CA 95125
    • My Hero Kitchen — 355 Meridian Ave, San Jose, CA 95126
    • My Green Lunch — 355 Meridian Ave, San Jose, CA 95126
    • Golden State Ice Cream — 330 Race St, San Jose, CA 95126

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.911
    Latitude
    37.3217

    Nearby Similar for Sale

    • $350,000
      4,838 SF

      Established Retail Dollar Store

      Well-established retail dollar store on high-visibility Alum Rock Ave.
      1972 Alum Rock AVE, SAN JOSE, CA 95116
      View Details
    • $520,000
      1,216 SF

      Versatile Commercial Condo in San Jose

      Flexible 1,216 sq ft condo in a prime San Jose location.
      2050 Concourse DR 56, SAN JOSE, CA 95131
      View Details
    • $849,999
      1,568 SF

      Move-in Ready San Jose Office Suite

      1,568 Sq Ft commercial office suite, ideal for medical/professional use.
      2114 Senter RD 6, SAN JOSE, CA 95112
      View Details
    • $848,000
      1,170 SF

      Evergreen San Jose Office Condo

      Versatile office condo in a thriving Silicon Valley location.
      1569 Lexann AVE 224, SAN JOSE, CA 95121
      View Details
    • $168,888
      1,100 SF

      Turn-Key Dental Office Opportunity

      Professionally built-out dental space in high-traffic San Jose location.
      1692 Tully RD 18, SAN JOSE, CA 95122
      View Details
    • $1,799,000
      1,832 SF

      San Jose Care Facility Opportunity

      Residential care home opportunity in a prime Cambrian location.
      1708 Hallmark LN, SAN JOSE, CA 95124
      View Details
    • $6,900,000
      17,036 SF

      San Jose Commercial Property Opportunity

      Commercial property near downtown San Jose, ideal for medical or school.
      480 N 1st ST, SAN JOSE, CA 95112
      View Details
    • $1,850,000
      2,552 SF

      Spacious Updated Duplex in San Jose

      Updated duplex with spacious yards near Santana Row and Valley Fair.
      3228 Neal AVE, SAN JOSE, CA 95117
      View Details
    • $1,948,000
      3,584 SF

      Well-Maintained San Jose Fourplex

      Fourplex in desirable rental corridor with significant upgrades.
      3691 Cape Cod CT, SAN JOSE, CA 95117
      View Details
    • $998,000
      1,282 SF

      San Jose Duplex Investment Opportunity

      Well-maintained duplex in San Jose with strong cash flow.
      3350-3352 Senter Rd, San Jose, CA 95111
      View Details
    • $1,850,000
      4,578 SF

      Rose Garden Fourplex Investment Opportunity

      Charming four-unit property in San Jose's desirable Rose Garden neighborhood.
      931 Vermont ST, SAN JOSE, CA 95126
      View Details
    • $1,899,000
      2,804 SF

      San Jose Fourplex Near Amenities

      Well-maintained fourplex near Valley Medical Center and Santana Row.
      590 Macarthur AVE, SAN JOSE, CA 95128
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space featuring reception, offices, mezzanine, and warehouse area.
    Where is this flex space located?
    The property is located at 376 Race St San Jose, CA.
    What are key features of this property?
    This property features: Flex space suitable for multiple business needs.; Warehouse with roll‑up door for easy loading/unloading.; Mezzanine with offices provides additional workspace.
    (408) 453-4700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jon D'Amico
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    376 Race St, San Jose, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!