123 Alma Ave Palo Alto, CA 94301
- Warehouses
- 23,666 SF
- 1.09 lot acres
Current Use by Public Records
- Warehouses
Property Details for 123 Alma Ave
- Lot size
- 1.09 lot acres
- Property size
- 23,666 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 23,666-square-foot industrial warehouse, situated on a 1.09-acre lot in San Jose, California, presents a compelling investment opportunity. The property boasts a highly desirable location at 123 Alma Ave, 94301, offering high visibility and exposure due to its corner location with three curb cuts and front facing position on Alma Avenue. Currently configured into three separate units (9,550 SF, 4,765 SF, and 9,353 SF), the building can be delivered entirely vacant at the close of escrow, providing flexibility for the new owner. The warehouse features five dock-high loading doors, making for efficient loading and unloading operations. The property is equipped with a 1,200-amp, 120/208, 3-phase electrical service (buyer to verify). Further enhancing its functionality, the building includes a sprinkler system and is zoned for heavy industrial use (HI). Ample parking is provided at a ratio of two spaces per 1,000 square feet. The property's Assessed Parcel Number (APN) is 477-06-046. This prime industrial property offers significant potential for a variety of uses and represents a rare opportunity in the competitive Santa Clara County market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palo Alto
- County
- Santa Clara
- State
- California
- Longitude
- -122.158
- Latitude
- 37.4458