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Property profile & analytics
OFF-MARKET
Land

1790 1St St San Jose, CA 95112

2.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.16-acre commercial land parcel in San Jose, CA, presents a remarkable development opportunity. Located at 1790 N First St, in the desirable 95112 zip code, this property boasts a prime location adjacent to the Bay 101 Casino and offers unparalleled access to major transportation arteries, including Highway 101, Interstate 880, and San Jose International Airport (SJC). The site is fully improved with a finished pad and a 108-space parking lot, significantly reducing development time and costs. The property is designated within an Opportunity Zone, offering potential tax advantages. With a height limit of 310 feet, this site is approved for a substantial development, originally planned for a 10-story hotel. The parcel's APN is 235-01-026,027. This is a rare chance to acquire a ready-to-develop site in a high-demand area with excellent visibility from Highway 101. The asking price for this exceptional property is $12,500,000. Don't miss this opportunity to capitalize on the thriving San Jose market. This property is currently in escrow.

Property profile
Verified
Property type Land
Lot 2.16 ac (94,090 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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