San Jose Retail
451 Kiely Blvd San Jose, CA
For Sale
Contact for pricing
Retail property in amenity-rich West San Jose location for sale.
Property Size3,320 SF
Lot Size0.25 Acres
Price / SF$753.01
Days on Market1011
Property Features for 451 Kiely Blvd
General Information
- Standard status
- Active
- Size
- 3,320 SF
- Lot size
- 0.25 Acres
- Property subtype
- RETAIL
Listing Agency:
Colliers | Silicon Valley
(408) 307-7986
Listed By:
John Kovaleski
(408) 307-7986
Source:
Moodyscre
Added: Oct 17, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:05AM
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 Colliers | Silicon Valley
Investment Insights
Based on property information with market context.
This retail property, situated in an amenity-rich West San Jose location, presents an excellent opportunity for an owner/user. The property benefits from Urban Village Zoning, which allows for a variety of uses. It features a parking ratio of approximately 3.6 per 1,000 square feet. The location provides convenient access to I-280 at Saratoga Avenue. The property size is 3,320 square feet.
Key Highlights
- Amenity‑Rich west San Jose location
- Urban Village Zoning allows for a variety of uses
- Excellent owner/user Opportunity
Financial Insights For Retail
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 | $134.3k | $40.44 |
| − Vacancy | −$6.1k | −$1.85 |
| EGI | $128.1k | $38.59 |
| − OpEx | −$38.4k | −$11.58 |
| NOI | $89.7k | $27.01 |
3,320 SF · lease $40.44/SF/yr · vacancy 4.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,678 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.75M – $2.34M
NOI $140,353 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hairbenders International
Hair Salon
Similar Off Market Nearby
- Mihos Floral Design — 740 saratoga ave #206, san jose, ca 95129
- Blackistone Florist — 453 saratoga ave, san jose, ca 95129
- Flowers — Saratoga Ave, San Jose, CA 95129
- Rose Express Florist — 451 saratoga ave, san jose, ca 95129
FAQs
What type of property is this?
Storefront property - Retail property in amenity-rich West San Jose location for sale.
Where is this storefront property located?
The property is located at 451 Kiely Blvd San Jose, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Amenity‑Rich west San Jose location; Urban Village Zoning allows for a variety of uses; Excellent owner/user Opportunity
