Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2525 12Th St San Jose, CA 95131

    • Life science properties
    • 137,712 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 2525 12Th St

    Year built
    2001
    Property size
    137,712 SF
    Property type
    Life science properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional San Jose office and R&D campus, North First Commons, offers 137,712 square feet of vacant space in four, two-story buildings situated on a 14.19-acre lot. Built in 2001, the property features a flexible layout, allowing for lease of the entire campus or individual buildings. Tenants can choose from spaces ranging from 62,280 to 75,432 contiguous square feet. Each building boasts a 14-foot ceiling height, promoting efficient use of space. The campus provides ample parking with a 3.30 parking spaces per 1000 sqft ratio. The buildings are strategically located at 2525 N 1st St, San Jose, CA 95131, with convenient access via Trimble Rd, in Santa Clara County. Individual building sizes vary, with Building 1 offering 49,560 square feet, Building 2 at 75,432 square feet, Building 3 at 62,280 square feet, and Building 4 at 62,256 square feet. Internal stairs connect the two floors in each building, facilitating easy movement between levels. This prime location presents a unique opportunity for businesses seeking modern, adaptable office and R&D space in a thriving Silicon Valley location. The property is available for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.928
    Latitude
    37.3826

    Comparable in this City

    • Value Estimation by Request
      11.22 Acres

      681 Trimble Rd

      Life science properties • 488,743 SF
      681 Trimble Rd, San Jose, CA 95131
      View Details
    • Value Estimation by Request
      250,056 SF

      2535 13Th St

      Life science properties • 250,056 SF
      2535 13Th St, San Jose, CA 95131
      View Details
    • Value Estimation by Request
      110,669 SF

      2125 O'nel Dr

      Life science properties • 110,669 SF
      2125 O'nel Dr, San Jose, CA 95131
      View Details
    • Value Estimation by Request
      72,958 SF

      2528 Qume Dr

      Life science properties • 72,958 SF
      2528 Qume Dr, San Jose, CA 95131
      View Details
    • Value Estimation by Request

      2000 Trade Zone Blvd

      R&D FACILITY, LABS, PHARMA
      2000 Trade Zone Blvd, San Jose, CA 95131-1419
      View Details
    • Value Estimation
      $565,000
      38,556 SF

      2260 Lundy Ave

      R&D FACILITY, LABS, PHARMA • 38,556 SF
      2260 Lundy Ave, San Jose, CA 95131-1816
      View Details

    Similar Nearby for Sale

    • $1,675,000
      3,351 SF

      Venture Commerce Center Condo

      San Jose Industrial/Office Condo, $1.675M
      1869 Concourse Dr, San Jose, CA 95131
      View Details
    • Contact for pricing
      3,108 SF

      Club Sportiva: San Jose Creative Office

      Prime San Jose Creative Office Condo, 3108 SF
      521 Charcot Ave, San Jose, CA 95131
      View Details
    • $575,000
      1,210 SF

      Commercial Condo in Fortune Business

      Commercial condominium for sale in Silicon Valley's Fortune Business.
      2290 Ringwood Ave, San Jose, CA 95131
      View Details
    • $26,000,000
      46,000 SF

      San Jose Warehouse: $26M

      Prime 46,000 SF warehouse, San Jose, CA.
      2071 Ringwood Ave, San Jose, CA 95131
      View Details
    • $1,600,000
      3,196 SF

      San Jose Industrial Warehouse

      Prime San Jose warehouse, office space available.
      1937 Concourse Dr, San Jose, CA 95131
      View Details
    • $2,127,125
      5,005 SF

      San Jose Flex Space Investment

      5,005 SF NNN Leased Industrial Building
      521 San Jose Ca 95131, San Jose, CA 95131
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      3,351 SF

      Venture Commerce Center: San Jose Flex Space

      Modern San Jose flex space for lease.
      1869 Concourse Dr, San Jose, CA 95131
      View Details
    • Contact for pricing
      401,858 SF

      San Jose Warehouse Space Available

      Industrial Warehouse Suites, San Jose
      2023 O'toole Ave, San Jose, CA 95131
      View Details
    • $33 SF/Yr
      2,391 SF

      Prime San Jose Executive Office Space

      1,104-1,287 SF Executive Suites Available
      2055 Junction Ave, San Jose, CA 95131
      View Details
    • Contact for pricing
      93,156 SF

      Industrial Space with Expandable Office

      Industrial property featuring expandable office and mezzanine space for lease.
      2105 Lundy Ave, San Jose, CA 95131
      View Details
    • Contact for pricing
      8,200 SF

      San Jose Flex/Industrial Space

      Flex/industrial space in North San Jose with highway access.
      2343-2345 Bering Dr, San Jose, CA 95131
      View Details
    • $1.95 SF/Yr
      1,440 SF

      San Jose Flex/Industrial/Office Space

      Flex, industrial, and office spaces available in North San Jose.
      2391 Zanker Rd, San Jose, CA 95131
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2525 12Th St
    San Jose, CA 95131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.