480 N 1st ST San Jose, CA 95112
COMMERCIAL - SAN JOSE, CA
- Added:
- Apr 29, 2026
- Days on Market:
- 75
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 480 N 1st ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CO
- Parking
- 47
- Parking features
- Off Street
- Security features
- Security Alarm
- Standard status
- Active Under Contract
- Lot size
- 0.58 Acres
Utilities
- Heating system
- Natural Gas, Central, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1957
- Roof type
- Foam
Listing agent Erik Winkler License #00964405 (650) 834-2323
Listing office Remax Capital 155 Bovet Road, Suite 700, San Mateo, CA (650) 219-8700
Listing date Apr 29, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building is located near downtown San Jose and sits right next to a busy VTA Light Rail stop, providing transit adjacency for daily access. The property is offered for sale.
With its accessibility improvements and life-safety systems already in place, the building supports occupancy that requires compliant access and building safety infrastructure.
Key Highlights
- Approx. 17,000 sq ft of usable space suitable for an owner‑user or business use
- ADA‑compliant building with elevator and fire alarm system
- 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
Similar For Sale Nearby
Similar Off Market Nearby
- Banfield Pet Hospital — 607 Coleman Ave, San Jose, CA 95110
- Ark Veterinary Care — 295 N 10th St, San Jose, CA 95112
- UNI Pet Clinic - San Jose — 595 N First St, San Jose, CA 95112
