Leased Retail and Residential
803 Lincoln Ave, San Jose, CA
For Sale
Contact for pricing
Fully leased mixed-use property near downtown Willow Glen and San Jose.
Property Size7,825 SF
Lot Size0.16 Acres
Price / SF$504.79
Days on Market593
Property Features for 803 Lincoln Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
TRI Commercial | Silicon Valley
(408) 413-3555
Listed By:
Joshua Gispan · License CA #00974978
(408) 483-7750
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Nov 10
Last Checked: Nov 14 at 7:53AM
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 TRI Commercial | Silicon Valley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property features a retail building of approximately 7,825 square feet, fully leased to three tenants. Additionally, there are two fully leased residential units, one of 1,100 square feet and another of 1,200 square feet. The property is located on the fringe of downtown Willow Glen and near downtown San Jose. Situated on Lincoln Avenue, it serves as a gateway to the Willow Glen neighborhood and is in close proximity to numerous restaurants, retail amenities, and offices. The property offers convenient access to state highways 280 and 87. There is potential redevelopment opportunity.
Key Highlights
- Mixed‑use investment property.
- Fully leased retail and residential units providing immediate income.
- Located on Lincoln Avenue, the gateway to Willow Glen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,365
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,227,300
$4.2M
Cap Rate 7%
$3,019,500
$3.0M
Cap Rate 9%
$2,348,500
$2.3M
Market Conditions
NOI Build-Up for 7,825 SF
Gross rent
$316.4K $40.44/SF
− Vacancy
−$14.5K −$1.85/SF
EGI
$301.9K $38.59/SF
− OpEx
−$90.6K −$11.58/SF
NOI
$211.4K $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%
$4,227,300
Cap Rate 7%
$3,019,500
Cap Rate 9%
$2,348,500
Alternative Uses
Best Use
Retail
$3.02M
$2.64M – $3.52M
NOI $211,365 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$2.33M
$2.03M – $2.71M
NOI $162,759 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$4.73M
$4.14M – $5.51M
NOI $330,803 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,620
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Chevron
Shops & Services
11,767 visits/mo
0.4 miles
76
Shops & Services
9,129 visits/mo
0.4 miles
Rotten Robbie
Shops & Services
7,121 visits/mo
0.4 miles
Cycle Gear
Shops & Services
5,858 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,584 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Santa Clara County, CA
Properties on Market for Mixed-use properties in Santa Clara County
Vacancy Rate% for Retail in San Jose, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use property near downtown Willow Glen and San Jose.
Where is this mixed-use property located?
The property is located at 803 Lincoln Ave San Jose, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Mixed‑use investment property.; Fully leased retail and residential units providing immediate income.; Located on Lincoln Avenue, the gateway to Willow Glen.
