Clear-Span Warehouse with 4 Grade
For Sale
Contact for pricing
985 Parker Court, Santa Clara, CA 95050
Clear-span warehouse on a fenced, gated 0.78-acre site with 4 grade level doors and abundant natural light.
Property Size10,200 SF
Lot Size0.78 Acres
Price / SF$509.80
Days on Market129
Property Features for 985 Parker Court
General Information
Standard status
Active
Size
10,200 SF
Lot size
0.78 Acres
Property subtype
FLEX_R_AND_D
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Span
Yes
Drive-In Doors
4
Listing Agency:
CBRE | San Jose
(408) 453-7462
Listed By:
Dylan Plane · License #02096619
(408) 453-7484
Source:
Moodyscre
Added: Mar 27
Changed: Jul 30
Last Checked: Aug 2 at 5:07AM
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
Investment Insights
Based on property information with market context.
This clear-span, column-free warehouse is set up for practical loading and efficient interior layouts. The property includes a large fenced and gated yard and an exceptionally strong loading configuration with four grade level doors. Inside, the warehouse offers abundant natural light supported by 15 skylights.
Site and development parameters include 0.78 acres (±33,977 land SF) with a low coverage design and 0.30 FAR. The building has undergone a full renovation, including roof replacement, new flooring, and updated landscaping.
The property is located at 985 Parker Court in Santa Clara, CA 95050, offering an on-site yard and straightforward truck access for day-to-day logistics operations.
Site and development parameters include 0.78 acres (±33,977 land SF) with a low coverage design and 0.30 FAR. The building has undergone a full renovation, including roof replacement, new flooring, and updated landscaping.
The property is located at 985 Parker Court in Santa Clara, CA 95050, offering an on-site yard and straightforward truck access for day-to-day logistics operations.
Key Highlights
- Clear‑span, column‑free warehouse interior
- Four grade level loading doors
- Large fenced and gated yard on 0.78 acres (±33,977 land SF)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $263.2k | $25.80 |
| − Vacancy | −$19.9k | −$1.96 |
| EGI | $243.2k | $23.84 |
| − OpEx | −$36.5k | −$3.58 |
| NOI | $206.7k | $20.27 |
10,200 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.95M
$2.58M – $3.45M
NOI $206,731 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.16M
$5.39M – $7.18M
NOI $431,053 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,798
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95050, CA
39,031
Population
16,674
Households
2.3
Avg Household Size
35
Median Age
54%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
7,097
Density / Sq Mi
$130,051
Median Household Income
$73,578
Median Earnings
$2,522
Median Rent
$1,420,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Clear-span warehouse on a fenced, gated 0.78-acre site with 4 grade level doors and abundant natural light.
Where is this warehouse located?
The property is located at 985 Parker Court Santa Clara, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Clear‑span, column‑free warehouse interior; Four grade level loading doors; Large fenced and gated yard on 0.78 acres (±33,977 land SF)
