0 Bailey Ave San Jose, CA 95141
This exceptional 566,000 square foot single-tenant property, located in Erie County, presents a unique opportunity for a discerning buyer. The building is classified as both office and industrial space, specifically catering to executive office and R&D needs. The entire 566,000 square foot building is currently vacant, offering immediate occupancy for a large-scale operation. The expansive lot size mirrors the building footprint at 566,000 square feet, providing ample space for potential future expansion or outdoor amenities. The property's address is conveniently located near Monterey Rd, offering excellent accessibility and visibility. Given its size and functionality, this property is ideally suited for a company requiring significant space for research and development, executive offices, or a combination thereof. The previous owner, Sobrato, did not undertake any development on the site, leaving the property ready for immediate customization and occupancy by a new owner. This presents a rare chance to acquire a substantial, ready-to-occupy property in a prime location. The property's single-tenant status simplifies management and occupancy, making it an attractive investment for a large organization seeking a dedicated space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.