Industrial Condo Cold Shell
7500 Arroyo Circle #140, Gilroy, CA 95020
For Sale
$495,000
Cold shell commercial/industrial condo with rear rollup door.
Property Size1,565 SF
Price / SF$316.29
Days on Market337
Property Features for 7500 Arroyo Circle #140
General Information
Standard status
Size
Property subtype
Amenities
Common Garage
Flat/Low Pitch Roof
No Heat Heating
Building Details
Year Built
Listing Agency:
RENZ & RENZ
(408) 846-1031
Listed By:
GEORGE RENZ · License CA #00854816
Source:
Corcoran
Added: Dec 12, 2025
Changed: Aug 16
Last Checked: Aug 25 at 5:13AM
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 RENZ & RENZ
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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 commercial/industrial condo is a cold shell space situated in the middle of a 10-unit building. The unit features an open layout with a double-door glass frontage and a 12-foot rollup/grade door at the rear. Electric service is available to the building, but the unit is not currently wired. There is no existing bathroom, office, or internal build-out. The property offers 1565 square feet of space. The monthly association fee is $442.
Key Highlights
- Cold shell: a blank canvas for your business vision.
- Double‑door glass frontage: Offers excellent visibility.
- 12' rollup/grade door at rear: Facilitates easy loading.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,121
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,420
$522.4K
Cap Rate 7%
$373,157
$373.2K
Cap Rate 9%
$290,233
$290.2K
Market Conditions
NOI Build-Up for 1,565 SF
Gross rent
$40.4K $25.80/SF
− Vacancy
−$3.1K −$1.96/SF
EGI
$37.3K $23.84/SF
− OpEx
−$11.2K −$7.15/SF
NOI
$26.1K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,420
Cap Rate 7%
$373,157
Cap Rate 9%
$290,233
Alternative Uses
Best Use
Industrial
$373.2K
$326.5K – $435.4K
NOI $26,121 @ 7.0% cap · market cap 5.28%
Second Best
Flex RnD
$345.7K
$302.5K – $403.3K
NOI $24,198 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$944.8K
$826.7K – $1.10M
NOI $66,137 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95020, CA
68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Santa Clara County, CA
Properties on Market for Flex space in Santa Clara County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Kneaded Bakery and Catering — 290 Ioof Ave, Gilroy, CA 95020
Frequently Asked Questions
What type of property is this?
Flex space - Cold shell commercial/industrial condo with rear rollup door.
Where is this flex space located?
The property is located at 7500 Arroyo Circle #140 Gilroy, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Cold shell: a blank canvas for your business vision.; Double‑door glass frontage: Offers excellent visibility.; 12' rollup/grade door at rear: Facilitates easy loading.
