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Storefront Property with Yard Space
For Sale
$1,850,000

651 S Winchester Blvd San, San Jose, CA 95128

Flexible commercial zoning supports office, medical, retail, or automotive dealership uses.

Property Size1,678 SF
Days on Market231

Property Features for 651 S Winchester Blvd San

General Information

Standard status Active
Size 1,678 SF
Class C
Total Parking Spaces 10
Property subtype Street Retail

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

4 private offices
reception
storage
breakroom/kitchen
two restrooms

Building Details

Building Size 1,678 SF
Year Built 1948
Listing Agency: CSR Commercial Real Estate
Listed By: Jonathan Hanhan · License #01800203
Source: Thebrokerlist
Added: Feb 18 Changed: Oct 5 Last Checked: Oct 5 at 3:02PM

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 CSR Commercial Real Estate

Investment Insights

Based on property information with market context.

This storefront property at 651 S Winchester Blvd includes 4 private offices, a reception area, storage, a breakroom/kitchen, and two restrooms. The site also provides approximately 10 on-site parking spaces along with land and yard area. Built in 1948, the property offers a configuration suited to several commercial formats, including office, medical, neighborhood retail, or continued automotive dealership use.

The property sits along the S Winchester Blvd corridor in West San Jose, with prominent street exposure and walkable access to surrounding retail and professional services. Connectivity to I-280, I-880, and major arterial roads supports regional access. Santana Row, Valley Fair, Downtown San Jose, and major technology employment centers are identified nearby, with Mineta San Jose International Airport and regional transit corridors also serving the broader area.

Key Highlights

  • Storefront property at 651 S Winchester Blvd in San Jose, CA 95128
  • Flexible commercial zoning supports retail, office, medical, or automotive dealership use
  • Interior includes 4 private offices, reception, storage, breakroom/kitchen, and two restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,031
Cap Rate
3.19%
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 (±1% cap)
NOI $59,031 @ 7.0% cap · market cap 3.19%
Second Best
Retail
$647.5K
$566.6K – $755.4K (±1% cap)
NOI $45,325 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$1.01M
$886.7K – $1.18M (±1% cap)
NOI $70,938 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Ferrante & Son Sales ... Car Dealership

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Veterinary Clinic Barber Shop Pet Store Pet Store & Service

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,846
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial zoning supports office, medical, retail, or automotive dealership uses.
Where is this storefront property located?
The property is located at 651 S Winchester Blvd San San Jose, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Storefront property at 651 S Winchester Blvd in San Jose, CA 95128; Flexible commercial zoning supports retail, office, medical, or automotive dealership use; Interior includes 4 private offices, reception, storage, breakroom/kitchen, and two restrooms
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