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Industrial Flex Property with Loft
For Sale
$2,250,000

76 Sunol Street, San Jose, CA 95126

Warehouse with three offices, a 12' roll-up door, and a loft plus residential-style ground and second-floor units.

Property Size3,816 SF
Price / SF$589.62
Days on Market93

Property Features for 76 Sunol Street

General Information

Standard status Active
Size 3,816 SF
Total Parking Spaces 6
Property subtype Commercial/Industrial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Year Built 1978
Listing Agency: SiliconValley MultiFamilyGroup
Listed By: Michael Shields · License #01327546
Source: Exitrealty
Added: Jul 23 Changed: Sep 14 Last Checked: Sep 15 at 4:56AM

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 SiliconValley MultiFamilyGroup

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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 industrial flex property includes approximately 3,120 SF of warehouse and industrial workspace with three offices and a separate bathroom. The warehouse is equipped with a 12' roll-up garage door and approximately 16' ceiling height. Above the offices, there is an approximately 445 SF loft area for additional workspace or storage.

The property also features residential-style accommodations with units on the ground floor and second floor, including well-appointed kitchens and baths. Six on-site surface parking spaces are provided. Utilities are master metered for gas, water, and electricity.

Set in San Jose’s Sunol-Midtown neighborhood, the property is approximately one mile from Downtown San Jose and offers convenient access to Diridon Station and Caltrain service, with future BART expansion, VTA light rail, and Highway 280 also noted as nearby transportation connections.

Key Highlights

  • Approx. 3,120 SF warehouse/industrial workspace with 12' roll‑up garage door and 16' ceiling plus 3 offices and a separate bathroom
  • Includes an approx. 445 SF loft area above the 3 offices for additional workspace or storage
  • Residential‑style ground‑floor and second‑floor units with kitchens and baths for added flexibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,342
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,546,840 $1.5M
Cap Rate 7%
$1,104,886 $1.1M
Cap Rate 9%
$859,356 $859.4K
Market Conditions
NOI Build-Up for 3,816 SF
Gross rent
$98.5K $25.80/SF
− Vacancy
−$7.5K −$1.96/SF
EGI
$91.0K $23.84/SF
− OpEx
−$13.6K −$3.58/SF
NOI
$77.3K $20.27/SF
Area
San Jose, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,546,840
Cap Rate 7%
$1,104,886
Cap Rate 9%
$859,356

Alternative Uses

Best Use
Warehouse
$1.10M
$966.8K – $1.29M (±1% cap)
NOI $77,342 @ 7.0% cap · market cap 3.44%
Second Best
Flex RnD
$1.01M
$888.1K – $1.18M (±1% cap)
NOI $71,048 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M (±1% cap)
NOI $161,322 @ 7.0% cap · market cap 7.17%
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

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nursing Home Restaurant Buffet Locksmith

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

16 ft
Clear height
1
Drive-in doors
3
Office units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,604
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Buddy's Batch — 355 Meridian Ave, San Jose, CA 95126
  • My Hero Kitchen — 355 Meridian Ave, San Jose, CA 95126
  • My Green Lunch — 355 Meridian Ave, San Jose, CA 95126
  • Golden State Ice Cream — 330 Race St, San Jose, CA 95126
  • Carroll's Catering — San Jose, CA 95126

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse with three offices, a 12' roll-up door, and a loft plus residential-style ground and second-floor units.
Where is this flex space located?
The property is located at 76 Sunol Street San Jose, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approx. 3,120 SF warehouse/industrial workspace with 12' roll‑up garage door and 16' ceiling plus 3 offices and a separate bathroom; Includes an approx. 445 SF loft area above the 3 offices for additional workspace or storage; Residential‑style ground‑floor and second‑floor units with kitchens and baths for added flexibility
More about this property
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