Flex Building with Loading
For Sale
$2,387,000
615 Stockton AVE, San Jose, CA 95126
A single-story commercial property combines storefront presence with warehouse-oriented space and on-site parking.
Property Size4,400 SF
Lot Size0.36 Acres
Price / SF$542.50
Days on Market135
Property Features for 615 Stockton AVE
General Information
Standard status
Active
Size
4,400 SF
Lot size
0.36 Acres
Property subtype
Commercial Property
Site & Location
Neighborhood
Garden Alameda
Additional Details
Property Use
Flex
Building Details
Year Built
1948
Buildings
1
Stories
1
Building Size
4,400 SF
Listing Agency:
Compass
Listed By:
Guy Giuffre · License #1393931
(831) 566-5430
Source:
Giuffreproperties
Added: Jun 20
Changed: Oct 28
Last Checked: Oct 31 at 11:16PM
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 Compass
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Investment Insights
Based on property information with market context.
This 4,400-square-foot flex building occupies approximately 0.36 acres and was built in 1948. The single-story layout combines storefront presence with warehouse-style functionality, dock-high loading, grade-level access, signage exposure, and on-site parking.
The property is on Stockton Avenue near Downtown San Jose, Diridon Station, The Alameda, and San Jose International Airport.
The property is on Stockton Avenue near Downtown San Jose, Diridon Station, The Alameda, and San Jose International Airport.
Key Highlights
- 4,400‑square‑foot building on approximately 0.36 acres
- Single‑story flex layout with storefront presence and warehouse‑style functionality
- Dock‑high loading and grade‑level access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,178
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,560
$1.8M
Cap Rate 7%
$1,273,971
$1.3M
Cap Rate 9%
$990,867
$990.9K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$113.5K $25.80/SF
− Vacancy
−$8.6K −$1.96/SF
EGI
$104.9K $23.84/SF
− OpEx
−$15.7K −$3.58/SF
NOI
$89.2K $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%
$1,783,560
Cap Rate 7%
$1,273,971
Cap Rate 9%
$990,867
Alternative Uses
Best Use
Warehouse
$1.27M
$1.11M – $1.49M
NOI $89,178 @ 7.0% cap · market cap 3.74%
Second Best
Flex RnD
$1.17M
$1.02M – $1.37M
NOI $81,921 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,011 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,115
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Thai Thai — 577 Dana Ave, San Jose, CA 95126
- Carroll's Catering — San Jose, CA 95126
- Remede Events — 1020 The Alameda Suite C, San Jose, CA 95126
- Mango's Mexican Grill — 1860 The Alameda, San Jose, CA 95126
- Cabana Dave's — San Jose, CA 95110
Frequently Asked Questions
What type of property is this?
Flex space - A single-story commercial property combines storefront presence with warehouse-oriented space and on-site parking.
Where is this flex space located?
The property is located at 615 Stockton AVE San Jose, CA.
What is the asking price?
The asking price for this property is $2,387,000.
What are key features of this property?
This property features: 4,400‑square‑foot building on approximately 0.36 acres; Single‑story flex layout with storefront presence and warehouse‑style functionality; Dock‑high loading and grade‑level access
