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    150 Barack Obama Blvd San Jose, CA 95110

    Sponsored
    For Sale
    $15,000,000

    Prime Commercial Land, Redevelopment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38,000 square foot commercial land parcel is situated in the heart of San Jose's vibrant downtown core, at 150 Barack Obama Boulevard, zip code 95110, in Santa Clara County, California. The property boasts a Downtown Primary Commercial (DC) zoning designation, presenting a unique redevelopment opportunity. Located directly across from Google's expansive Downtown West project, this site offers unparalleled exposure and access to a thriving tech hub. The asking price is $15,000,000, translating to a land value of $395.81 per square foot. The existing structure on the site is approximately 12,000 square feet. This prime location presents a rare chance to acquire a significant land holding in one of the fastest-growing areas of Silicon Valley. The property's strategic position and zoning flexibility make it ideal for a wide range of commercial developments, capitalizing on the significant growth and investment in the surrounding area. This is a truly exceptional opportunity for investors seeking a high-impact project in a dynamic and desirable location.

    Property Features for 150 Barack Obama Blvd

    General Information

    Property type
    Land

    HighLights

    • $15,000,000 asking price.
    • 38,000 square foot land parcel.
    • Downtown San Jose location, zoned Downtown Primary Commercial.
    • $395.81 per square foot land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.90001948438
    Latitude
    37.328149441782

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Redevelopment Potential
    Where is this land located?
    The property is located at 150 Barack Obama Blvd San Jose, CA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: $15,000,000 asking price.; 38,000 square foot land parcel.; Downtown San Jose location, zoned Downtown Primary Commercial.
    Request Owner's contact information
    150 Barack Obama Blvd San Jose, CA 95110
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    San Jose, CA 95110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Barack Obama Blvd San Jose, CA 95110
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