Industrial Flex Property with
76 Sunol Street San Jose, CA 95126
New
For Sale
$2,250,000
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 Market6
Property Features for 76 Sunol Street
General Information
- Standard status
- Active
- Size
- 3,816 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1978
Listing Agency:
SiliconValley MultiFamilyGroup
(408) 356-1900
Listed By:
Michael Shields · License #01327546
Source:
Xome
Added: Jul 19
Changed: Jul 24
Last Checked: Jul 24 at 5:15AM
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
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.
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.8k | $56.04 |
| − Vacancy | −$34.9k | −$9.13 |
| EGI | $179.0k | $46.91 |
| − OpEx | −$44.7k | −$11.73 |
| NOI | $134.2k | $35.18 |
3,816 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.24M
NOI $134,243 @ 7.0% cap · market cap 5.97%
Second Best
Warehouse
$1.10M
$966.8K – $1.29M
NOI $77,342 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M
NOI $161,322 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Buddy's Batch — 355 Meridian Ave, San Jose, CA 95126
- Carroll's Catering — 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
FAQs
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
