Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Ctr Rd San Jose, CA 95134

    • Retail properties
    • 15,891 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Ctr Rd

    Property size
    15,891 SF
    Property type
    Retail properties

    Description

    This exceptional retail property, the San Jose Market Center, presents a unique investment opportunity in the thriving San Jose market. Located at Center Rd, San Jose, CA 95134, in Santa Clara County, this 15,891 square foot commercial center offers multiple tenancy options. Currently, there are four suites available, with a total of 8,331 square feet of vacant space ready for immediate occupancy. The property is ideal for a variety of retail businesses, with flexible space options ranging from a minimum of 1,242 square feet to a maximum contiguous space of 7,560 square feet. This allows for businesses of various sizes to find a suitable space to meet their needs. The property's high-traffic location ensures excellent visibility and accessibility for customers. The address is easily accessible and benefits from strong foot traffic and visibility. This is a fantastic opportunity to establish or expand your retail presence in a dynamic and growing area of San Jose. The property is classified as retail commercial space and is ready for immediate lease. The building's prime location and flexible space options make it an attractive proposition for businesses seeking a strategic foothold in the San Jose market. Don't miss this chance to secure your space in this vibrant retail center.

    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
    -121.933
    Latitude
    37.4108

    Comparable in this City

    • Value Estimation by Request
      18,546 SF

      6Th St

      Restaurants • 18,546 SF
      0 6Th St, San Jose, CA 95134
      View Details
    • Value Estimation
      $6,955,000
      137,954 SF

      95 Holger Way

      RETAIL STORES (PERSONAL SERVICES) • 137,954 SF
      95 Holger Way, San Jose, CA 95134-1377
      View Details
    • Value Estimation
      $1,415,000
      5,560 SF

      690 Riv Oaks Pkwypy

      RETAIL STORES (PERSONAL SERVICES) • 5,560 SF
      690 Riv Oaks Pkwypy, San Jose, CA 95134-3226
      View Details
    • Value Estimation
      $4,610,000
      17,971 SF

      670 Riv Oaks Pkwypy

      RETAIL STORES (PERSONAL SERVICES) • 17,971 SF
      670 Riv Oaks Pkwypy, San Jose, CA 95134-1988
      View Details
    • Value Estimation
      $2,605,000
      7,263 SF

      4190 1st St

      RETAIL STORES (PERSONAL SERVICES) • 7,263 SF
      4190 1st St, San Jose, CA 95134-1599
      View Details
    • Value Estimation
      $855,000
      125,323 SF

      95 Headquarters Dr

      PARKING GARAGE, PARKING STRUCTURE • 125,323 SF
      95 Headquarters Dr, San Jose, CA 95134-1357
      View Details

    Similar Nearby for Sale

    • $220,000

      Turnkey Restaurant in San Jose

      Fully equipped restaurant in prime San Jose location for sale.
      3730 N 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      75,000 SF

      San Jose Flex/Industrial Building

      74,004 SF building on 5.07 acre lot available now.
      165 Nortech Pkwy, San Jose, CA 95134
      View Details
    • Contact for pricing
      95,550 SF

      San Jose Flex/Industrial Property

      5.5 acre flex/industrial property renovated in 2015.
      250 W Tasman Dr, San Jose, CA 95134
      View Details
    • Contact for pricing
      265,000 SF

      Prime San Jose Office Campus

      265,000 SF Class A Office Portfolio
      3060 1St St, San Jose, CA 95134
      View Details
    • Contact for pricing
      96,154 SF

      San Jose Office Building For Sale

      96,154 SF office building in San Jose, California.
      90 E Tasman Dr, San Jose, CA 95134
      View Details
    • $315,000

      San Jose Land For Sale

      Commercial land available in San Jose, California.
      316 Los Encinos St, San Jose, CA 95134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      42,337 SF

      Retail Space Available in San Jose

      Retail space for lease, delivery in 2026.
      2620 Seely Ave, San Jose, CA 95134
      View Details
    • Contact for pricing
      798 SF

      Mixed-Use Center Near Apartments

      Mixed-use center with retail opportunities near luxury apartments.
      670 River Oaks Pkwy, San Jose, CA 95134
      View Details
    • Contact for pricing

      High Visibility Corporate Branding Opportunity

      Prime location with unmatched frontage for corporate branding.
      90 Headquarters Dr, San Jose, CA 95134
      View Details
    • Contact for pricing
      1,765 SF

      Retail Space For Lease

      Retail space available for lease in San Jose, CA.
      25-39 Rio Robles E, San Jose, CA 95134
      View Details
    • Contact for pricing
      1,537 SF

      Restaurant and Retail Space Available

      Retail and restaurant spaces available in San Jose, California.
      55 River Oaks Pl, San Jose, CA 95134
      View Details
    • $2 SF/Yr
      39,008 SF

      Class A R&D Campus

      R&D campus featuring five two-story buildings for lease.
      2860 Junction Ave, San Jose, CA 95134
      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.
    Ctr Rd
    San Jose, CA 95134
    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.
    Sign Up Successful!
    You now have access to more from Realmo!