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Mixed-Use Property with Walk-In Freezer

737 Stockton Avenue, San Jose, CA 95126

For Sale
$1,550,000

A vacant warehouse and rear modular residence share one parcel in San Jose.

Property Size2,875 SF
Lot Size0.22 Acres
Price / SF$539.13
Days on Market9

Property Features for 737 Stockton Avenue

General Information

Standard status Active
Size 2,875 SF
Lot size 0.22 Acres
Zoning R-1-8 / RN

Site & Location

Neighborhood Garden Alameda
Highway Access Yes
Road Access Yes

Warehouse & Industrial

Warehouse Space 2,875 SF
Cold Storage Yes

Additional Details

Property Use Warehouse, Cold Storage

Building Details

Buildings 2
Building Size 2,875 SF
Listing Agency: Corcoran Icon Properties
Listed By: Steve Belluomini · License #01095848
Source: Realtyrightchoice
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 8 at 5:40AM

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 Corcoran Icon Properties

Rey
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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.

The property combines a 2,875-square-foot warehouse with a 1,494-square-foot, three-bedroom, two-bath modular home at the rear of a 9,400-square-foot parcel. The warehouse is vacant and includes a walk-in freezer. The residence is occupied on a month-to-month basis, with potential for continued rental income or on-site housing.

Located on Stockton Avenue near West Taylor Street, the property is minutes from San Jose Market Center on Coleman Avenue. Access to I-880 and SR-87, downtown San Jose, and Mineta San José International Airport is also noted. Zoning is R-1-8 / RN; redevelopment possibilities are subject to verification with the City of San Jose.

Key Highlights

  • 2,875‑square‑foot warehouse delivered vacant
  • Large walk‑in freezer included in the warehouse
  • 1,494‑square‑foot modular home with 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,513
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,260 $1.2M
Cap Rate 7%
$850,186 $850.2K
Cap Rate 9%
$661,256 $661.3K
Market Conditions
NOI Build-Up for 2,875 SF
Gross rent
$103.5K $36.00/SF
− Vacancy
−$8.3K −$2.88/SF
EGI
$95.2K $33.12/SF
− OpEx
−$35.7K −$12.42/SF
NOI
$59.5K $20.70/SF
Area
San Jose, CA
Vacancy
8.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,260
Cap Rate 7%
$850,186
Cap Rate 9%
$661,256

Alternative Uses

Best Use
Mixed Use
$850.2K
$743.9K – $991.9K (±1% cap)
NOI $59,513 @ 7.0% cap · market cap 3.84%
Second Best
Warehouse
$832.4K
$728.4K – $971.2K (±1% cap)
NOI $58,270 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,541 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Jordan Warehouse & Storage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Carpet & Flooring Store Pet Grooming Service Barber Shop

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

2,096
Businesses Nearby

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

Market

Average Price Trend$/SF for Mixed-use properties in Santa Clara County, CA

$793 Jul
$827 Aug
$624 Sep
$567 Oct

Properties on Market for Mixed-use properties in Santa Clara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant warehouse and rear modular residence share one parcel in San Jose.
Where is this mixed-use property located?
The property is located at 737 Stockton Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 2,875‑square‑foot warehouse delivered vacant; Large walk‑in freezer included in the warehouse; 1,494‑square‑foot modular home with 3 bedrooms and 2 bathrooms
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