Retail Space with Transit
For Sale
Contact for pricing
667 North First Street, San Jose, CA 95112
Positioned near major freeways, public transportation, restaurants, businesses, and local amenities.
Property Size2,297 SF
Price / SF$957.77
Days on Market53
Property Features for 667 North First Street
General Information
Standard status
Active
Size
2,297 SF
Total Parking Spaces
5
Property subtype
Retail
Listing Agency:
Intero Commercial
Listed By:
Ravi Jagtiani · License #CA 02044082
(669) 226-7416
Source:
Crexi
Added: Aug 27
Changed: Oct 10
Last Checked: Oct 16 at 6:48AM
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 Intero Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail-space property is described as a preschool building and is offered at 667 North First Street in San Jose. The listing identifies the property within the North San Jose area and presents it as a real estate sale opportunity.
The site is located near Downtown San Jose, major freeways, and public transportation. Surrounding context includes restaurants, businesses, and local amenities, providing access to a broad range of nearby services and commercial activity.
The site is located near Downtown San Jose, major freeways, and public transportation. Surrounding context includes restaurants, businesses, and local amenities, providing access to a broad range of nearby services and commercial activity.
Key Highlights
- Retail‑space property described as a preschool building
- Located at 667 North First Street, San Jose, CA 95112
- Situated in the North San Jose area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,045
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,900
$1.2M
Cap Rate 7%
$886,357
$886.4K
Cap Rate 9%
$689,389
$689.4K
Market Conditions
NOI Build-Up for 2,297 SF
Gross rent
$92.9K $40.44/SF
− Vacancy
−$4.3K −$1.85/SF
EGI
$88.6K $38.59/SF
− OpEx
−$26.6K −$11.58/SF
NOI
$62.0K $27.01/SF
Area
San Jose, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,900
Cap Rate 7%
$886,357
Cap Rate 9%
$689,389
Alternative Uses
Best Use
Retail
$886.4K
$775.6K – $1.03M
NOI $62,045 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,106 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,847
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 26%
Groceries 18%
IHOP
Dining
12,189 visits/mo
0.1 miles
Nijiya Market
Groceries
11,124 visits/mo
0.4 miles
ARCO
Shops & Services
8,499 visits/mo
0.3 miles
Wienerschnitzel
Dining
7,128 visits/mo
0.3 miles
Fosters Freeze
Dining
5,857 visits/mo
0.3 miles
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Jose, CA
Frequently Asked Questions
What type of property is this?
Retail space - Positioned near major freeways, public transportation, restaurants, businesses, and local amenities.
Where is this retail space located?
The property is located at 667 North First Street San Jose, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Retail‑space property described as a preschool building; Located at 667 North First Street, San Jose, CA 95112; Situated in the North San Jose area
