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

    50 University Ave Los Gatos, CA 95032

    • Retail properties
    • 15,364 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outcome Chains / (Bike/Boat/Book/etc) Store / Corporate Office
    • kashmir Art Gallery / Art Gallery
    • Pure Barre / Gym & Fitness Center
    • Charlotte Tilbury / Cosmetic Store
    • Fusion Academy Los Gatos / High School

    Property Details for 50 University Ave

    Property size
    15,364 SF
    Property type
    Retail properties

    Description

    This exceptional retail property, located at 50 University Avenue in the vibrant city of Los Gatos, California, offers a total of 15,364 square feet of vacant space. Currently available for lease, this multi-tenant building presents a unique opportunity for businesses seeking high-visibility locations in a thriving community. The property is situated in Santa Clara County, with easy access to major transportation routes and a high volume of foot traffic. The flexible floor plan allows for multiple configurations, with spaces ranging from a minimum of 2,113 square feet to a maximum contiguous space of 5,337 square feet. This makes it ideal for a variety of retail concepts, from smaller boutiques to larger flagship stores. The entire 15,364 square feet is currently vacant, providing a blank canvas for a single tenant or the opportunity to create a vibrant retail center with multiple occupants. The property's address is 50 University Avenue, Los Gatos, CA 95032. This prime location in Los Gatos offers unparalleled access to a strong consumer base and a desirable demographic. The property's size and flexibility make it a highly attractive investment opportunity for businesses seeking to establish or expand their presence in this sought-after market. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Gatos
    County
    Santa Clara
    State
    California
    Longitude
    -121.93
    Latitude
    37.2261

    Comparable in this City

    • Value Estimation by Request
      2.15 Acres

      405 Alberto Way

      Retirement homes • 2.15 Acres
      405 Alberto Way, Los Gatos, CA 95032
      View Details
    • Value Estimation by Request
      10,082 SF

      720 Blossom Hill Rd

      Retail properties • 10,082 SF
      720 Blossom Hill Rd, Los Gatos, CA 95032
      View Details
    • Value Estimation by Request
      15,364 SF

      50 University Ave

      Retail properties • 15,364 SF
      50 University Ave, Los Gatos, CA 95032
      View Details
    • Value Estimation by Request
      9,000 SF

      53 Saratoga-Los Gatos Rd

      Retail properties • 9,000 SF
      53 Saratoga-Los Gatos Rd, Los Gatos, CA 95032
      View Details
    • Value Estimation by Request
      60,585 SF

      14010-14172 Blossom Hill Rd

      Neighborhood centers • 60,585 SF
      14010-14172 Blossom Hill Rd, Los Gatos, CA 95032
      View Details
    • Value Estimation by Request
      1,260 SF

      16575 Lg Almaden Rd

      Medical offices • 1,260 SF
      16575 Lg Almaden Rd, Los Gatos, CA 95032
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,225 SF

      Freestanding Office Buildings For Sale

      Two office buildings with parking, leased through January 2025.
      569 University Ave, Los Gatos, CA 95032
      View Details
    • $16,000,000
      18.25 Acres

      Los Gatos Land Subdivision Potential

      Prime Los Gatos location with subdivision or estate potential.
      Twin Oaks Dr, Los Gatos, CA 95032
      View Details
    • $247,000

      Los Gatos Land Opportunity

      Nearly 2 acres of land in Los Gatos.
      0000 Harwood Rd, San Jose, CA 95032
      View Details
    • $1,650,000
      22.78 Acres

      Los Gatos Residential Acreage

      23-acre parcel in Los Gatos with panoramic views.
      0000 Wagner Rd, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      6,140 SF

      Los Gatos Industrial Lot

      6,140 SF industrial property on a 16,740 SF lot.
      615 University Ave, Los Gatos, CA 95032
      View Details
    • $1,750,000
      0.35 Acres

      Los Gatos Residential Land Opportunity

      Residential land in Los Gatos, build your dream home!
      403 Montclair Rd, Los Gatos, CA 95032
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,032 SF

      Los Gatos Retail Space

      Retail property available for lease in Los Gatos, CA.
      15521-15595 Union Ave, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      2,307 SF

      Los Gatos Restaurant Opportunity

      Second generation restaurant space with dedicated parking and signage.
      16150 Los Gatos Blvd, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      74,199 SF

      Grocery Anchored Shopping Center Space

      Retail spaces available in a busy, grocery-anchored shopping center.
      15521 Union Ave, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      972 SF

      Los Gatos Retail/Office Space

      Retail and office spaces available in Los Gatos, CA.
      15495 Los Gatos Blvd, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      1,682 SF

      Los Gatos Retail Space

      Retail space available for lease in Los Gatos, CA.
      708-798 Blossom Hill Rd, Los Gatos, CA 95032
      View Details
    • Contact for pricing
      1,120 SF

      Retail Space in Busy Center

      Retail space available in a busy, grocery-anchored shopping center.
      15525 Union Ave, Los Gatos, CA 95032
      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.
    50 University Ave
    Los Gatos, CA 95032
    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!