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Property profile

193199 St Milpitas, CA 95035

OFF-MARKET
Mixed-use properties
1.46 ac lot Built 1983
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Property summary

AI-generated overview

This exceptional mixed-use property in Milpitas, CA, presents a compelling investment opportunity. Situated on a 1.46-acre lot (approximately 63,598 square feet), this Class B industrial warehouse building offers a substantial 25,773 rentable square feet. Constructed in 1983, the two-story concrete structure boasts a 20-foot clear ceiling height, providing ample space for various industrial or storage needs. The property includes convenient loading facilities with one dock-high door and two drive-in/grade-level doors, ensuring efficient operations. Parking is readily available with approximately 50 spaces, providing a ratio of 0.58 per 1,000 square feet. The building benefits from a robust power supply of approximately 2000 amps, 480v. Its prime location in the heart of Milpitas offers unparalleled access to a wealth of amenities. Nearby businesses include major manufacturing companies, R&D facilities, medical offices, Kaiser Permanente, the Great Mall, diverse restaurants, and the BART station. Furthermore, its proximity to freeways 680, 880, and 237 ensures seamless connectivity throughout the Bay Area. Milpitas City Hall and other local conveniences are also within minutes. This property is ideally suited for a variety of businesses seeking a strategic location with excellent infrastructure and accessibility. The asking price is $49,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1983
Lot 1.46 ac (63,598 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

193199 St Milpitas, CA 95035
Milpitas metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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