Milpitas Industrial Condominium For
527 Sinclair Frontage Rd, Milpitas, CA 95035
For Sale
Contact for pricing
Two-unit industrial condominium totaling 2,640 SF in Milpitas, CA.
Property Size2,640 SF
Price / SF$500
Days on Market253
Property Features for 527 Sinclair Frontage Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Units
Listing Agency:
SVN | Capital West Partners
Listed By:
Sean Dinh · License CA #01839424
(510) 846-4649
Source:
Crexi
Added: Mar 2
Changed: Oct 26
Last Checked: Nov 8 at 9:14AM
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
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Investment Insights
Based on property information with market context.
The property at 525 & 527 Sinclair Frontage Road is a two-unit industrial condominium offering totaling approximately 2,640 square feet, with each unit comprising approximately 1,320 square feet. Constructed in 1980 and zoned M2, the property provides a functional and flexible layout. It is located in Milpitas, CA. The property is ideal for light industrial, manufacturing, R&D, or owner-user operations. This presents an ideal opportunity for owner-users looking to control their occupancy costs while positioning their business for long-term growth in a premier Milpitas industrial location.
Key Highlights
- Two‑unit industrial condominium totaling ±2,640 square feet.
- Each unit comprises ±1,320 square feet.
- Zoned M2, suitable for light industrial, manufacturing, R&D, or owner‑user operations.
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
$583.1K
$510.3K – $680.3K
NOI $40,820 @ 7.0% cap · market cap 3.09%
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Manufacturing properties in Santa Clara County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two-unit industrial condominium totaling 2,640 SF in Milpitas, CA.
Where is this manufacturing property located?
The property is located at 527 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: Two‑unit industrial condominium totaling ±2,640 square feet.; Each unit comprises ±1,320 square feet.; Zoned M2, suitable for light industrial, manufacturing, R&D, or owner‑user operations.
