Industrial Condominium Units For
For Sale
Contact for pricing
521-547 Sinclair Frontage Rd, Milpitas, CA 95035
Two industrial condominium units totaling approximately 2,640 SF for sale.
Property Size2,640 SF
Price / SF$500
Days on Market161
Property Features for 521-547 Sinclair Frontage Rd
General Information
Standard status
Active
Size
2,640 SF
Property subtype
INDUSTRIAL
Listing Agency:
SVN | Capital West Partners
(408) 381-3303
Listed By:
Sean Dinh
(510) 846-4649
Source:
Moodyscre
Added: Apr 30
Changed: Sep 8
Last Checked: Oct 5 at 4:48PM
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 SVN | Capital West Partners
Investment Insights
Based on property information with market context.
Two industrial condominium units are available for sale, totaling approximately 2,640 square feet. Each unit measures approximately 1,320 square feet. The property features a built-out office area with a drop ceiling. It includes two grade-level roll-up doors. The configuration allows for front and rear access, enhancing operational efficiency. The property is zoned M2 (Industrial). It offers excellent access to Interstate 680 and 880.
Key Highlights
- Excellent access to Interstate 680 and 880
- Two (2) industrial condominium units with ±2,640 SF total
- M2 zoning (industrial)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,064
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,280
$881.3K
Cap Rate 7%
$629,486
$629.5K
Cap Rate 9%
$489,600
$489.6K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$68.1K $25.80/SF
− Vacancy
−$5.2K −$1.96/SF
EGI
$62.9K $23.84/SF
− OpEx
−$18.9K −$7.15/SF
NOI
$44.1K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,280
Cap Rate 7%
$629,486
Cap Rate 9%
$489,600
Alternative Uses
Best Use
Industrial
$629.5K
$550.8K – $734.4K
NOI $44,064 @ 7.0% cap · market cap 3.34%
Second Best
Flex RnD
$584.5K
$511.5K – $682.0K
NOI $40,917 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,567 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95035, CA
80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two industrial condominium units totaling approximately 2,640 SF for sale.
Where is this flex space located?
The property is located at 521-547 Sinclair Frontage Rd Milpitas, CA.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: Excellent access to Interstate 680 and 880; Two (2) industrial condominium units with ±2,640 SF total; M2 zoning (industrial)
