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Retail Condominium with Fenced Patio
For Sale
$479,000

A-14598 Big Basin Way, Saratoga, CA 95070

Retail condominium offered with neighboring Unit B, featuring a fenced patio at the front and current office use.

Property Size500 SF
Price / SF$958
Days on Market266

Property Features for A-14598 Big Basin Way

General Information

Standard status Active
Size 500 SF
Listing Agency: Montalvo Realty
Listed By: Ismar Maslic · License #01313976
Source: Exprealty
Added: Jan 27 Changed: Oct 6 Last Checked: Oct 19 at 11:19AM

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 Montalvo Realty

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Investment Insights

Based on property information with market context.

14598 Big Basin Way #A is a retail condominium of approximately 500 square feet, offered as part of a two-unit package and required to be sold together with neighboring Unit B. Each unit has a separate APN, and the offering is being marketed as a combined opportunity for buyers seeking more than one unit. The space is currently occupied by an investment firm office and includes a welcoming fenced patio right out front.

Located along Big Basin Way in Saratoga’s village district, the property provides storefront presence with access and visibility intended to serve both local and visitor traffic. Please respect the current tenant’s privacy; do not disturb.

Unit A’s front patio supports a customer-facing configuration, while the interior is set up for ongoing office use under the current tenancy.

Key Highlights

  • Approximately 500 sq ft retail condominium (Unit A) in Saratoga’s village district
  • Offered as a two‑unit offering and must be sold together with neighboring Unit B
  • Each unit has a separate APN

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,506
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,120 $270.1K
Cap Rate 7%
$192,943 $192.9K
Cap Rate 9%
$150,067 $150.1K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$20.2K $40.44/SF
− Vacancy
−$926 −$1.85/SF
EGI
$19.3K $38.59/SF
− OpEx
−$5.8K −$11.58/SF
NOI
$13.5K $27.01/SF
Area
Santa Clara County, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,120
Cap Rate 7%
$192,943
Cap Rate 9%
$150,067

Alternative Uses

Best Use
Retail
$192.9K
$168.8K – $225.1K (±1% cap)
NOI $13,506 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.9K
$264.1K – $352.2K (±1% cap)
NOI $21,130 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Storage Facility Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
76 Shops & Services
13,533 visits/mo 0.1 miles
Chase Bank Shops & Services
3,076 visits/mo 0.1 miles

Demographics for 95070, CA

32,419
Population
11,849
Households
2.7
Avg Household Size
49
Median Age
81%
College-Educated
97%
High-School Grad
28.3 sq mi
ZIP Area
1,146
Density / Sq Mi
$240,980
Median Household Income
$132,780
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail condominium offered with neighboring Unit B, featuring a fenced patio at the front and current office use.
Where is this retail space located?
The property is located at A-14598 Big Basin Way Saratoga, CA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Approximately 500 sq ft retail condominium (Unit A) in Saratoga’s village district; Offered as a two‑unit offering and must be sold together with neighboring Unit B; Each unit has a separate APN
More about this property
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