San Jose Commercial
For Sale
Contact for pricing
651 S Winchester Blvd, San Jose, CA 95128
Versatile commercial property in San Jose with redevelopment potential.
Property Size1,678 SF
Price / SF$1,042
Days on Market255
Property Features for 651 S Winchester Blvd
General Information
Standard status
Active
Size
1,678 SF
Total Parking Spaces
10
Property subtype
Retail, Office
Zoning
CN
Investment Type
Owner/User
Building Details
Year Built
1948
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Compass
Listed By:
Jonathan Hanhan · License #CA 01800203
(510) 375-7575
Source:
Crexi
Added: Feb 2
Changed: Sep 23
Last Checked: Oct 14 at 10:11PM
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.
The property at 651 S Winchester Blvd in San Jose, CA 95128, offers an opportunity for both owner-users and investors. It is situated in a San Jose submarket with limited supply. The property's zoning supports a range of commercial uses, including office, retail, and medical, providing options for occupancy, repositioning, or adaptation based on market demand. The existing car dealership configuration adds to the property's flexibility. The limited availability of infill in Silicon Valley may support long-term value appreciation. The property size is 1678 square feet.
Key Highlights
- Highly desirable location in a supply‑constrained San Jose submarket.
- Wide zoning supports office, retail, and medical uses.
- Suitable for owner‑users and investors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,031
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,620
$1.2M
Cap Rate 7%
$843,300
$843.3K
Cap Rate 9%
$655,900
$655.9K
Market Conditions
NOI Build-Up for 1,678 SF
Gross rent
$94.0K $56.04/SF
− Vacancy
−$15.3K −$9.13/SF
EGI
$78.7K $46.91/SF
− OpEx
−$19.7K −$11.73/SF
NOI
$59.0K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,620
Cap Rate 7%
$843,300
Cap Rate 9%
$655,900
Alternative Uses
Best Use
Office B
$843.3K
$737.9K – $983.9K
NOI $59,031 @ 7.0% cap · market cap 3.37%
Second Best
Retail
$647.5K
$566.6K – $755.4K
NOI $45,325 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.01M
$886.7K – $1.18M
NOI $70,938 @ 7.0% cap · market cap 4.05%
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
1,846
Businesses Nearby
Explore this area
Business Placement
Demographics for 95128, CA
34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Jose, CA
Frequently Asked Questions
What type of property is this?
Retail property - Versatile commercial property in San Jose with redevelopment potential.
Where is this retail property located?
The property is located at 651 S Winchester Blvd San Jose, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Highly desirable location in a supply‑constrained San Jose submarket.; Wide zoning supports office, retail, and medical uses.; Suitable for owner‑users and investors.
