480 N 1st St San Jose, CA 95112
Multi-use building with elevator and ADA compliance, suited for medical offices or a school near light rail.
- Added:
- Jul 7, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 8 at 4:08 am
Property Features for 480 N 1st St
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1957
Listing office Remax Capital (650) 834-2323
Listing date Jul 7, 2026
Source Dualprideproperties
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 Remax Capital
Investment Insights
Based on property information with market context.
The building is located close to downtown San Jose and directly next to a busy VTA light rail stop, providing convenient transit access. The location supports day-to-day accessibility for staff, patients, students, and visitors.
For owner-users, the combination of ADA accessibility, elevator service, and recent major updates can help streamline operations for a medical practice or school environment. For investors or buyers evaluating mixed-use possibilities within office and specialty uses, the building’s flexible intended uses and transit adjacency may be useful for attracting an organization looking for a transit-accessible campus-style footprint.
Key Highlights
- Multi‑use building, year built 1957, with elevator and ADA‑compliant accessibility features
- Approx. 17,000 sq ft of usable space
- Major updates completed in 2016–17
Local 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 | $952.7k | $56.04 |
| − Vacancy | −$155.3k | −$9.13 |
| EGI | $797.4k | $46.91 |
| − OpEx | −$199.3k | −$11.73 |
| NOI | $598.0k | $35.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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