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San Jose Retail Opportunity
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451 Kiely Blvd, San Jose, CA

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 Market1102

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: Kidder Mathews
Listed By: John Kovaleski
Source: Moodyscre
Added: Oct 17, 2023 Changed: Oct 3 Last Checked: Oct 20 at 10:33PM

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 Kidder Mathews

Rey
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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

Estimated NOI and Cap Rate

NOI / Yr
$89,678
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,560 $1.8M
Cap Rate 7%
$1,281,114 $1.3M
Cap Rate 9%
$996,422 $996.4K
Market Conditions
NOI Build-Up for 3,320 SF
Gross rent
$134.3K $40.44/SF
− Vacancy
−$6.1K −$1.85/SF
EGI
$128.1K $38.59/SF
− OpEx
−$38.4K −$11.58/SF
NOI
$89.7K $27.01/SF
Area
San Jose, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,560
Cap Rate 7%
$1,281,114
Cap Rate 9%
$996,422

Alternative Uses

Best Use
Retail
$1.28M
$1.12M – $1.49M (±1% cap)
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 (±1% cap)
NOI $140,353 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hairbenders International Hair Salon

Suggested Use

Top Pick Building Supply Pharmacy Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,754
Businesses Nearby
410k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 39% Shops & Services 32% Dining 28% Hotels & Casinos 1%
Mitsuwa Marketplace Groceries
95,774 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
63,508 visits/mo 0.2 miles
Daiso USA Shops & Services
39,781 visits/mo 0.4 miles
McDonald's Dining
33,105 visits/mo 0.4 miles
76 Shops & Services
24,004 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Jose, CA

4.4% 2019
5.2% 2020
5.2% 2021
5.2% 2022
5.4% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Mihos Floral Design — 740 saratoga ave #206, san jose, ca 95129
  • Flowers — Saratoga Ave, San Jose, CA 95129
  • Rose Express Florist — 451 saratoga ave, san jose, ca 95129
  • Blackistone Florist — 453 saratoga ave, san jose, ca 95129

Frequently Asked Questions

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
(408) 307-7986 Call to check price and availability
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