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    909 Park Ave San Jose, CA 95126

    Sponsored
    For Sale
    $1,150,000

    7,816 SF Lot, Redevelopment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 7,816 square foot commercial land parcel, located at 909 Park Avenue in San Jose, California (zip code 95126), presents a unique redevelopment opportunity. Currently zoned M1, the property is being offered at land value, priced at $1,150,000 ($147.13/SF). The site, identified by APN 261-31-057, sustained significant fire damage and requires complete reconstruction. This presents a blank canvas for a visionary developer to create a new commercial project tailored to the needs of the vibrant San Jose market. Given its size and location within Santa Clara County, this property offers substantial potential for a variety of commercial uses, subject to necessary permits and approvals. The property's strategic location provides excellent access to major transportation arteries and a thriving business community. Investors seeking a high-impact project with significant upside will find this a compelling investment. Serious inquiries are encouraged to explore the possibilities of this prime San Jose commercial land. The property is sold as-is.

    Property Features for 909 Park Ave

    General Information

    Property type
    Land

    HighLights

    • 7,816 SF commercial land parcel in San Jose, CA (95126), APN 261‑31‑057.
    • M1 zoning, offered at land value: $1,150,000 ($147.13/SF).
    • Sustained fire damage; requires complete reconstruction.
    • Excellent location with access to major transportation and a thriving business community.
    • Sold as‑is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -121.9075302
    Latitude
    37.326421

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    FAQs

    What type of property is this?
    Land - 7,816 SF Lot, Redevelopment Potential
    Where is this land located?
    The property is located at 909 Park Ave San Jose, CA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 7,816 SF commercial land parcel in San Jose, CA (95126), APN 261-31-057.; M1 zoning, offered at land value: $1,150,000 ($147.13/SF).; Sustained fire damage; requires complete reconstruction.
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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
    909 Park Ave San Jose, CA 95126
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