950 Bascom AveSan Jose, CA 95128

Property Details for 950 Bascom Ave

Year built

1994

Lot size

1.44 AC

Property size (Sq ft)

48,482 SF

Zone code

CG

Property type

Office properties

Property subtype

Office buildings

APN

282-29-008

APU

28229008

Description

This exceptional Class A medical office building, located at 950 S. Bascom Avenue in San Jose, California, offers 20,874 square feet of vacant space for lease. The property is a three-story building situated in Santa Clara County, zip code 95128. The building is ideally suited for medical practices seeking flexible and modern space. Multiple tenancy options are available, with suites ranging from a minimum of 264 square feet to a maximum contiguous space of 3,519 square feet. Twelve individual spaces are currently available. This presents a unique opportunity for practices of various sizes to establish or expand their operations in a highly desirable location. The building's "A" classification signifies its high-quality construction, modern amenities, and prime location within San Jose. The address is easily accessible and benefits from excellent visibility and ample parking. This is a rare opportunity to secure a significant amount of immediately available space in a sought-after medical office building. Interested parties are encouraged to inquire promptly.

• CAP approach

  CAP return

  Valuation

  6%

  $15,164,112

  6.5%

  $13,997,642

  7%

  $12,997,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,522,115

  Geo Method

  $13,522,115

• Alternative Use

  Use

  Valuation

  Residential

  $17,357,076

  Hospitality

  $15,898,988

  Educational

  $13,227,772

  Medical

  $13,682,695

  Retail

  $20,576,534

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3091

Longitude

-121.931

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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