San Jose Business Center
For Sale
$1,199,000
Ringwood Court, San Jose, CA 95131
Versatile commercial space in a prime San Jose location.
Property Size1,575 SF
Lot Size0.10 Acres
Price / SF$761.27
Days on Market433
Property Features for Ringwood Court
General Information
Standard status
Active
Size
1,575 SF
Lot size
0.10 Acres
Property subtype
Commercial
Amenities
Common
Concrete Flooring
Building Details
Year Built
2004
Listing Agency:
COMPASS
Listed By:
HATIM M. ELMASHNI · License #01484398
(650) 670-2887
Source:
Corcoran
Added: Aug 15, 2025
Changed: Oct 8
Last Checked: Oct 20 at 9:39PM
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 COMPASS
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Investment Insights
Based on property information with market context.
The Ringwood Business Center, constructed in 2004, is located in the International Business Park area of North San Jose. The property offers immediate access to Highways 680 and 880 and is minutes from the Milpitas BART station. Its location provides proximity to Silicon Valley. The property features office space, with the warehouse divided into two functional areas. One area is equipped with a roll-up door, and the other is configured as office space with a restroom and shower. Both areas include mezzanine levels for additional storage, offering flexibility for a range of commercial uses. The property provides a turnkey opportunity for owner-users or investors. The property size is 1575 square feet.
Key Highlights
- Prime location in the International Business Park of North San Jose, placing it in the heart of Silicon Valley.
- Immediate access to Highways 680 and 880.
- Minutes from the Milpitas BART station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,407
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,140
$1.1M
Cap Rate 7%
$791,529
$791.5K
Cap Rate 9%
$615,633
$615.6K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$88.3K $56.04/SF
− Vacancy
−$14.4K −$9.13/SF
EGI
$73.9K $46.91/SF
− OpEx
−$18.5K −$11.73/SF
NOI
$55.4K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,140
Cap Rate 7%
$791,529
Cap Rate 9%
$615,633
Alternative Uses
Best Use
Office B
$791.5K
$692.6K – $923.5K
NOI $55,407 @ 7.0% cap · market cap 4.62%
Second Best
Warehouse
$456.0K
$399.0K – $532.0K
NOI $31,922 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$951.2K
$832.3K – $1.11M
NOI $66,583 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95131, CA
30,975
Population
10,270
Households
3
Avg Household Size
38
Median Age
57%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
5,341
Density / Sq Mi
$170,128
Median Household Income
$77,369
Median Earnings
$3,182
Median Rent
$1,134,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Warehouse - Versatile commercial space in a prime San Jose location.
Where is this warehouse located?
The property is located at Ringwood Court San Jose, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location in the International Business Park of North San Jose, placing it in the heart of Silicon Valley.; Immediate access to Highways 680 and 880.; Minutes from the Milpitas BART station.
