Listing Agency: Prime Commercial, Inc. Show Phone

Listed By: Dixie Divine · License #00926251 Show Phone

Source: Moodyscre

Added: Mar 8, 2024 Changed: Sep 6 Last Checked: Sep 12 at 11:06AM

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Investment Insights

Based on property information with market context.

This property features two freestanding office buildings with a combined area of 4,875 square feet, situated on a 12,440 square foot lot. The site has been recently repaved and includes 15 parking stalls. It is zoned LM (Limited Manufacturing) and offers access from both University Avenue and Industrial Road. The property consists of 3,650 square feet.

Key Highlights

• Two freestanding office buildings totaling 4,875 sf
• 12,440 square foot lot
• Zoned lm (limited manufacturing)

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods Grocery & Convenience Store Mobile Phone Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,292

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Two office buildings with parking in Los Gatos, CA.

Where is this office building located?

The property is located at 569-573 University Ave Los Gatos, CA.

What is the asking price?

The asking price for this property is $3,395,000.

What are key features of this property?

This property features: Two freestanding office buildings totaling 4,875 sf; 12,440 square foot lot; Zoned lm (limited manufacturing)