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San Jose Industrial Warehouse For Sale

90-92 Pullman Way, San Jose, CA

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For Sale

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Industrial warehouse with heavy power, loading area, and flexible occupancy.

Type:INDUSTRIAL

Property size:

22,837 SF

Lot size:

0.77 Acres

Price / SF:

$240/SF

HighLights

Heavy industrial zoning opens doors to various business possibilities.
Delivered vacant or as an investment property with existing tenants.
Six oversized grade level roll up doors (12’ X 14’) – three in front, three in rear, for easy access.
800 amps / 240 V heavy power to support demanding operations.
±0.53 acre lot with ±2,000 square foot fenced parking and loading area in rear.
15‑16’ clear height.

We can help!

Listing Contact

Brian Matteoni

Learn more

For Sale

Contact for pricing

Industrial warehouse with heavy power, loading area, and flexible occupancy.

Type:INDUSTRIAL

Property size:

22,837 SF

Lot size:

0.77 Acres

Price / SF:

$240/SF

Added:: Aug 26, 2025
Days on Market:: 292
Last Refresh:: May 20 at 9:37 pm

Property Features for 90-92 Pullman Way

General Information

Standard status: Active
Size: 22,837 SF
Lot size: 0.77 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Brian Matteoni

Listing agent Brian Matteoni License #020268798

Listing office CBRE | San Jose

Listing date Aug 26, 2025

Source Moodyscre

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 CBRE | San Jose

HighLights

Heavy industrial zoning opens doors to various business possibilities.
Delivered vacant or as an investment property with existing tenants.
Six oversized grade level roll up doors (12’ X 14’) – three in front, three in rear, for easy access.
800 amps / 240 V heavy power to support demanding operations.
±0.53 acre lot with ±2,000 square foot fenced parking and loading area in rear.
15‑16’ clear height.

Overview

This industrial property, zoned for heavy industrial use, features approximately 15% office area within its 22,837 square feet. Situated on a 0.53-acre lot, the property includes four surface parking spaces in addition to street parking. The warehouse has a clear height of 15 to 16 feet and is equipped with fire sprinklers and grade-level loading. Power is supplied by an 800 amp/240 V heavy power system; buyers should verify the specifics. The property is suitable for either investment or owner-user purchase. Existing tenants are currently on shorter-term leases, but the property can be delivered vacant. It features six oversized grade-level roll-up doors, each measuring 12 x 14 feet, with three located at the front and three at the rear. The warehouse includes insulated ceilings and a portion is air-conditioned. A fenced parking and loading area of approximately 2,000 square feet is located at the rear of the property.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$589.2k	$25.80
− Vacancy	−$44.7k	−$1.96
EGI	$544.5k	$23.84
− OpEx	−$81.7k	−$3.58
NOI	$462.9k	$20.27

22,837 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$6.61M

$5.79M – $7.71M (±1% cap)

NOI $462,854 @ 7.0% cap · market cap 8.42%

Second Best

Industrial

$5.45M

$4.76M – $6.35M (±1% cap)

NOI $381,174 @ 7.0% cap · market cap 6.93%

Theoretical Best

Office A

$13.79M

$12.07M – $16.09M (±1% cap)

NOI $965,437 @ 7.0% cap · market cap 17.55%

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

Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Similar Places Nearby

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Extra Space Storage — 3510 Charter Park Dr, San Jose, CA 95136
A-1 Self Storage — 2900 Monterey Rd, San Jose, CA 95111
Snell Mini Storage — 3616 Hillcap Ave, San Jose, CA 95136
Primo Hauling Movers — 161 Rancho Dr, San Jose, CA 95111

Location Insight

Map
Local Demand

City: San Jose
County: Santa Clara
State: California
Longitude: -121.849
Latitude: 37.29

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For sale
Warehouses
CA
San Jose
90-92 Pullman Way

What type of property is this?

Warehouse - Industrial warehouse with heavy power, loading area, and flexible occupancy.

Where is this warehouse located?

The property is located at 90-92 Pullman Way San Jose, CA.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: Heavy industrial zoning opens doors to various business possibilities.; Delivered vacant or as an investment property with existing tenants.; Six oversized grade level roll up doors (12’ X 14’) – three in front, three in rear, for easy access.

90-92 Pullman Way, San Jose, CA

Industrial warehouse with heavy power, loading area, and flexible occupancy.

Property Features for 90-92 Pullman Way

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Four-Plex with Five-Stall Carport

Warehouse with Roll-Up Door and Offices

Well-Maintained Fourplex Opportunity

Multi-Unit Flex Automotive Property

Industrial Condominium with Roll-Up Door

Second-Floor Office Condominium

Four-Unit Multifamily with Private Garages

C3 Retail/Office Building

Well-Maintained Duplex with Private Yards

Duplex with Private Yard

Residential Care Home with Outdoor Gardens

Renovated Office Building with Rentals

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