Unique Silicon Valley Commercial
For Sale
Contact for pricing
521 Charcot Ave Suite 101, San Jose, CA 95131
Exceptional trophy asset in the heart of Silicon Valley.
Property Size14,969 SF
Price / SF$467.63
Days on Market171
Property Features for 521 Charcot Ave Suite 101
General Information
Standard status
Active
Size
14,969 SF
Class
A
Total Parking Spaces
77
Property subtype
Mixed Use, Special Purpose
Zoning
Planned Development / Light Industrial (PD/LI)
Investment Type
Owner/User
Building Details
Year Built
2008
Listing Agency:
The Ivy Group
Listed By:
Tim Vi Tran, SIOR, CCIM · License #CA 01526603
Source:
Crexi
Added: Mar 5
Changed: Aug 16
Last Checked: Aug 20 at 9:39PM
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
Investment Insights
Based on property information with market context.
This one-of-a-kind commercial condominium is an exceptional trophy asset located in the heart of Silicon Valley's coveted Golden Triangle. Designed for owners who demand both performance and presence, this rare offering combines soaring ceilings, expansive open volume, and industrial-grade infrastructure with refined, high-end finishes throughout. Originally conceived for high-tech innovators, this 14969 square foot property is ideally suited for an AI company, robotics or advanced R&D operation, automotive or specialty collectors, or an owner-user seeking a space that reflects how they think, operate, and lead. Reserved secure parking, including RV and trailer accommodations with dedicated 50-amp motorhome power, further reinforces the property’s rarity and utility. This is a space that provides total control for daily operations, strategic planning, product demonstrations, or high-stakes presentations, all within a single, privately owned environment.
Key Highlights
- One‑of‑a‑kind commercial condominium in Silicon Valley's Golden Triangle.
- Designed with soaring ceilings, expansive open volume, and high‑end finishes.
- Industrial‑grade infrastructure suitable for AI, robotics, R&D, or automotive/specialty collectors.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$309,858
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,197,160
$6.2M
Cap Rate 7%
$4,426,543
$4.4M
Cap Rate 9%
$3,442,867
$3.4M
Market Conditions
NOI Build-Up for 14,969 SF
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.
Gross rent
$538.9K $36.00/SF
− Vacancy
−$43.1K −$2.88/SF
EGI
$495.8K $33.12/SF
− OpEx
−$185.9K −$12.42/SF
NOI
$309.9K $20.70/SF
Area
San Jose, CA
Vacancy
8.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,197,160
Cap Rate 7%
$4,426,543
Cap Rate 9%
$3,442,867
Alternative Uses
Best Use
Mixed Use
$4.43M
$3.87M – $5.16M
NOI $309,858 @ 7.0% cap · market cap 4.43%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Exceptional trophy asset in the heart of Silicon Valley.
Where is this mixed-use property located?
The property is located at 521 Charcot Ave Suite 101 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: One‑of‑a‑kind commercial condominium in Silicon Valley's Golden Triangle.; Designed with soaring ceilings, expansive open volume, and high‑end finishes.; Industrial‑grade infrastructure suitable for AI, robotics, R&D, or automotive/specialty collectors.
