Flex Space with Three Grade-Level
For Sale
Contact for pricing
521 Charcot Ave, San Jose, CA 95131
Single-story flex building with 16-foot ceilings, HVAC, and 3 grade-level rollup doors in PD/LI zoning.
Property Size14,969 SF
Lot Size0.45 Acres
Price / SF$467.63
Days on Market175
Property Features for 521 Charcot Ave
General Information
Standard status
Active
Size
14,969 SF
Lot size
0.45 Acres
Property subtype
INDUSTRIAL
Zoning
Planned Development / Light Industrial (PD/LI)
Site & Location
Neighborhood
Berryessa
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
3
Power
400 amps
Voltage
277 V
Three-Phase Power
Yes
Sprinkler System
Yes
Building Details
Year Built
2008
Stories
1
Listing Agency:
The Ivy Group
(510) 213-8883
Listed By:
Tim Vi Tran
(408) 799-5290
Source:
Moodyscre
Added: May 11
Changed: Oct 25
Last Checked: Nov 1 at 8:25AM
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 The Ivy Group
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Investment Insights
Based on property information with market context.
521 Charcot Ave in San Jose is a one-story flex space building built in 2008, totaling about 14,969 SF on a lot of about 0.45 acres (19,800 SF). The property is zoned Planned Development/Light Industrial (PD/LI) and is set up for a flexible mix of uses including flex, office, warehouse, R&D, event venue, and HQ.
The building includes HVAC and 3 grade level rollup doors, with ceiling heights of 16 FT. Fire sprinklers are 100% sprinklered, and utilities are metered with individual electric meters. Power is listed as 400 A at 120/277 V, 3Ø (buyer to verify), and parking is private and fenced.
Freeway access is described as easy, with convenient access to freeways 101, 237, 680, and 880, and bus stops are within walking distance to major public transportation nodes. The sale consists of 8 separate legal parcels.
The building includes HVAC and 3 grade level rollup doors, with ceiling heights of 16 FT. Fire sprinklers are 100% sprinklered, and utilities are metered with individual electric meters. Power is listed as 400 A at 120/277 V, 3Ø (buyer to verify), and parking is private and fenced.
Freeway access is described as easy, with convenient access to freeways 101, 237, 680, and 880, and bus stops are within walking distance to major public transportation nodes. The sale consists of 8 separate legal parcels.
Key Highlights
- PD/LI zoning for flex, office, warehouse, R&D, event venue, and HQ uses
- About 14,969 SF on about 0.45 acres (19,800 SF)
- One‑story building built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$303,387
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,067,740
$6.1M
Cap Rate 7%
$4,334,100
$4.3M
Cap Rate 9%
$3,370,967
$3.4M
Market Conditions
NOI Build-Up for 14,969 SF
Gross rent
$386.2K $25.80/SF
− Vacancy
−$29.3K −$1.96/SF
EGI
$356.9K $23.84/SF
− OpEx
−$53.5K −$3.58/SF
NOI
$303.4K $20.27/SF
Area
San Jose, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,067,740
Cap Rate 7%
$4,334,100
Cap Rate 9%
$3,370,967
Alternative Uses
Best Use
Warehouse
$4.33M
$3.79M – $5.06M
NOI $303,387 @ 7.0% cap · market cap 4.33%
Second Best
Flex RnD
$3.98M
$3.48M – $4.64M
NOI $278,699 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$9.04M
$7.91M – $10.55M
NOI $632,817 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95131, CA
30,975
Population
10,270
Households
3
Avg Household Size
38
Median Age
57%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,341
Density / Sq Mi
$170,128
Median Household Income
$77,369
Median Earnings
$3,182
Median Rent
$1,134,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Tony Soprano's Catering — 1969 O'Toole Way, San Jose, CA 95131
Frequently Asked Questions
What type of property is this?
Flex space - Single-story flex building with 16-foot ceilings, HVAC, and 3 grade-level rollup doors in PD/LI zoning.
Where is this flex space located?
The property is located at 521 Charcot Ave San Jose, CA.
What is the asking price?
The asking price for this property is $6,999,999.
What are key features of this property?
This property features: PD/LI zoning for flex, office, warehouse, R&D, event venue, and HQ uses; About 14,969 SF on about 0.45 acres (19,800 SF); One‑story building built in 2008
