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    1171 Homestead Rd Santa Clara, CA 95050

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Santa Clara location, multiple suites, move-in ready.

    Lot size:
    51,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    University Plaza, located at 1171 Homestead Road in Santa Clara, CA 95050, offers a diverse range of office spaces ideal for various businesses. This iconic two-story, Class B building, constructed in 1987, boasts a total of 51,978 square feet and sits on a 1.74-acre lot at the corner of Homestead and Jackson Roads. The property features a single building with 182 parking spaces and an elevator. Suites range from a minimum of 1,600 square feet to a maximum contiguous space of 8,205 square feet, with some units ready for immediate occupancy. The flexible floor plan accommodates various needs, including traditional office, medical office, creative office, and dental office uses. Ground floor spaces offer excellent visibility and signage opportunities from Homestead Road and Jackson Street, making them particularly suitable for retail businesses. Second-floor suites are well-suited for traditional office and medical uses. The property is zoned C1 and has an APN of 269-22-095. This prime location in Downtown Santa Clara offers easy access to Santa Clara University. The building's multiple tenancy allows for a variety of business configurations.

    Property Features for 1171 Homestead Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,978 SF
    Class
    B
    Total Rate
    103956

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 214
    Size
    2,240 SF
    Rate per SF
    $36
    Space
    Suite 255
    Size
    5,500 SF
    Rate per SF
    $24
    Space
    Suite 220
    Size
    2,160 SF
    Rate per SF
    $27

    HighLights

    • Desirable Santa Clara location, one block from Santa Clara University.
    • Abundant street and parking lot signage opportunities.
    • Convenient left‑in/left‑out parking access on Homestead Rd and Jackson St.
    • Iconic two‑story building.
    • Ample on‑site parking, including a two‑story garage and elevator service.
    • On‑site amenities including eateries and cafes.
    Property Profile Location Intelligence

    Current Use by Public Records

    SpaRenity Salon Nail Salon RHEA Sensory Technologies, ... Software Company Ramakumar Suman DDS Dentist Genesis Dentistry Dental ... Cosmetic Dentist Jeffrey Liebert, LMFT Psychologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.94622734
    Latitude
    37.34805798

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    FAQs

    What type of property is this?
    Office space - Prime Santa Clara location, multiple suites, move-in ready.
    Where is this office space located?
    The property is located at 1171 Homestead Rd Santa Clara, CA.
    What is the lease rate?
    The lease rate is $24-$36 SF/Yr.
    What are key features of this property?
    This property features: Desirable Santa Clara location, one block from Santa Clara University.; Abundant street and parking lot signage opportunities.; Convenient left-in/left-out parking access on Homestead Rd and Jackson St.
    Request Owner's contact information
    1171 Homestead Rd Santa Clara, CA 95050
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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
    1171 Homestead Rd Santa Clara, CA 95050
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